$185,000
●
House -
Off Market
1368 Ozro Road
Venus, TX 76084
4 Beds
2 Baths
1,316 Ft²
$267,001
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Nice acreage and house in Maypearl ISD. Old farmhouse on
approximately 9.5 acres was built in 1940 and sits above a small
creek. The house needs a lot of TLC, but has great potential
with four small bedrooms and two full baths. Also, there are
livestock pens, an old barn, an old work shed, and most of the
property is fenced for your animals. The Seller recently
bought this property and the acreage across the street. The
house hasn't been occupied for a few years, but the house has an
existing water well and a traditional septic. The Seller
makes no claims about the condition of the home and NO REPAIRS will
be made. So, make your dreams come true heading to the
country and Maypearl Schools.
Unit Size
1,316 Ft²
Days on Market
-
Land Size
9.50 acres
Price per sqft
$160
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 6 months ago (NTREIS #14461024)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by Hi View Real Estate | $209,900 | |
| Listed by Hi View Real Estate | |||
| | |||
|
Nice acreage and house in Maypearl ISD. Old farmhouse on approximately 9.5 acres was built in 1940 and sits above a small creek. The house needs a lot of TLC, but has great potential with four small bedrooms and two full baths. Also, there are livestock pens, an old barn, an old work shed, and most of the property is fenced for your animals. The Seller recently bought this property and the acreage across the street. The house hasn't been occupied for a few years, but the house has an existing water well and a traditional septic. The Seller makes no claims about the condition of the home and NO REPAIRS will be made. So, make your dreams come true heading to the country and Maypearl Schools.
| |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Feb 18, 2020 | Listed by Hi View Real Estate | $470,000 | |
| Listed by Hi View Real Estate | |||
| | |||
|
Incredible acreage in western Ellis County and Maypearl ISD. Multiple home sites with views to the rich bottom land where creeks run wild. This cattle property has been in the family for decades. The original farmhouse on 8 acres was built in 1940 and sits above a small creek. Across the road, sits over 55 acres ready for your cows and your crops. Also, there is a high point vista looking down through the trees & Cottonwood Creek with hills rising on the other side. This is your dream spot for a spectacular home in the country. Ozro Road splits the eastern side of the farm giving one over 2000 ft of road frontage all together. Give some TLC to the farm house for a rental or sell the house & 8 acres separately.
| |||
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About Ellis
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Listed by: Robert Smith, Hi View Real Estate
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14461024
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14461024
Details provided by NTREIS and may not match the public record
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