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Taylor 79536
1367 County Road 415
$175,000
● House - Off Market

1367 County Road 415

Merkel, TX 79536
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,400 Ft²
$179,040
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Great one owner home on a quiet county road in Merkel! This home has been very well cared for and features three septic systems! This would make a great home for your family and features a lot of great extra space including a large laundry room, extra office space just off of the living, a large master bedroom and much more! Don't miss this one, because it won't last!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$125
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20077490)

Price History

Date / Event Date Event Price
Jul 18, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Tommy Simons & Associates, REALTORS $175,000
Listed by Tommy Simons & Associates, REALTORS

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: D B CORLEY
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: A0523 SUR 3 D B CORLEY, ACRES 1.0

Neighborhood

  • School District Name: Merkel Independent School District
  • Census Tract: 013602

Geography

  • Parcel: 45937
  • Lot: 5,6
  • Municipality: MERKEL
  • Latitude: 32.5043
  • Longitude: -99.9214

    Address

  • Full Address: 1367 County Road 415
  • Address - House Number: 1367
  • Address - Street Name: County Road 415
  • State: TX
  • City Name: Merkel
  • Carrier Code: R003
  • 4-Digit Zip Code: 4631
  • Zip Code: 79536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $189,458
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SME

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 199,245
  • High Value: 240,556
  • Low Value: 157,935

    Market Valuation

  • Market Total Value: $134,168
  • Market Land Value: $11,100
  • Market Improvement Value: $123,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,168
  • Assessed Land Value: $11,100
  • Assessed Improvements Value: $123,068

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15258
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Taylor

Stats & Trends

Median Asking:

$286,430

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2064 ft²

Average Home Age

37.6 years

Currently For Sale

379 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Tommy Simons, Tommy Simons & Associates, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20077490
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1367 County Rd 415 built and last sold?
The property at 1367 County Rd 415 was built in 1976 and last sold on Jul 15, 2022 for $186,200.
How much is this home worth?
The estimated value of the home located at 1367 County Rd 415 is $0.
What are some comparable homes to 1367 County Rd 415?
There are currently no comparable homes to 1367 County Rd 415.
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