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Cherokee 75789
1390 CR 3811
$269,000
● House - Off Market

1390 CR 3811

Troup, TX 75789
bedrooms
Studio
bathrooms
0 Bath
$372,981
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This beautiful 20 acre tract of land has been cleared and prepared to build your DREAM home. There is a beautiful view of the pasture, that is perfect for your building site. The entire tract has been fenced with West Texas Cedar post fence with critter guard at the bottom.There is a rock driveway that leads up to the shop and RV shelter. The shop is 30 x 20 with an utilities, water, and an electric roll up door. Also, septic is on site. The entrance has a beautiful iron gate. This is a must see!
Unit Size
-
Days on Market
-
Land Size
20.00 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #14373498)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jun 25, 2020 Listed by Keller Williams Realty Tyler $269,000
Listed by Keller Williams Realty Tyler

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 871,200
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE WILLIAM C GUINN SURVEY ABSTRACT 308
  • Land Acres: 0000020000
  • Standard Land Use Code: 1008
  • County Land Use Code: D2
  • Legal Description 1: A 308 BLK 1307 TR 4 WM C GUINN H02

Neighborhood

  • Census Tract: 950201

Geography

  • Account Number: 000308-13070-0004000
  • Subdivision Tract Number: 4
  • Parcel: 135298
  • Block: 1307
  • Municipality: TROUP
  • Latitude: 32.1125
  • Longitude: -95.2227

    Address

  • Full Address: 1390 County Road 3811
  • Address - House Number: 1390
  • Address - Street Name: County Road 3811
  • State: TX
  • City Name: Troup
  • Carrier Code: R005
  • 4-Digit Zip Code: 8595
  • Zip Code: 75789

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $771,317
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 37 81 LR

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 591,739
  • High Value: 753,784
  • Low Value: 429,694

    Market Valuation

  • Market Total Value: $789,290
  • Market Land Value: $215,420
  • Market Improvement Value: $573,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 692016
  • Previous Sale Recording Date: Nov 06, 2018
  • Previous Sale Contract Date: Nov 02, 2018
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 70
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 Cherokee

Stats & Trends

Median Asking:

$479,500

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

80

Average Home Size

2370 ft²

Average Home Age

-

Currently For Sale

71 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

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NTREIS

Listed by: Sissy Bellar, Keller Williams Realty Tyler
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14373498
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1390 County Rd 3811 built and last sold?
The property at 1390 County Rd 3811 was built in and last sold on Jul 31, 2020 for $269,000.
How much is this home worth?
The estimated value of the home located at 1390 County Rd 3811 is $0.
What are some comparable homes to 1390 County Rd 3811?
There are currently no comparable homes to 1390 County Rd 3811.
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