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Kaufman 75126
14198 Paterson
$374,000
● House - Off Market

14198 Paterson

Talty, TX 75126
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,991 Ft²
$562,248
RealtyHop Estimate
50.33%
Since Nov 1, 2019
TX-Dallas
Primary Model

About This Property

Lending fell through, back on market. Country living in Forney ISD. This stunning home includes 4 bedrooms with an office, 3 car garage, a loft that is perfect for a gameroom, formal dining and so much more! Master Suite is downstairs with luxury bath. Huge secondary bedroom downstairs that shares a full bath is ideal for guests. Entertaining is easy in this gourmet kitchen that offers a butlers pantry into the formal dining. Kitchen opens up into the living area with decorative stone, wood burning fireplace. Tile in the kitchen, bathrooms, and laundry room. Stainless steel Frigidaire Gallery Line appliances, including double ovens and the fridge stays with the home.
Unit Size
2,991 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$125
Property Type
House
Property Taxes
$637
HOA Dues
$33
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14091739)

Price History

Date / Event Date Event Price
Oct 30, 2019 Sold
Premium
Sold
May 23, 2019 Listed by Nicholson Premier Realty $374,000
Listed by Nicholson Premier Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 665
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,999
  • Total Building Area: 3,512
  • Gross Building Area: 3,658
  • Building Area: 2,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,847
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOUNDERS ADDITION PH 1
  • Land Acres: 0000001102
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FOUNDERS ADDITION PH 1, LOT 59

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050203

Geography

  • Parcel: 175063
  • Lot: 59
  • Municipality: TALTY
  • Latitude: 32.6858
  • Longitude: -96.4182

    Address

  • Full Address: 14198 Paterson
  • Address - House Number: 14198
  • Address - Street Name: Paterson
  • State: TX
  • City Name: Forney
  • Carrier Code: R002
  • 4-Digit Zip Code: 0119
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $823,267
  • Tax Rate Code Area: 6F CAD KC

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 74
  • Final Value: 538,899
  • High Value: 641,560
  • Low Value: 436,238

    Market Valuation

  • Market Total Value: $395,614
  • Market Land Value: $85,000
  • Market Improvement Value: $310,614

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $435,175

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-0027463
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: Jul 01, 2015
  • Previous Sale Amount: $337,500
  • 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 Kaufman

Stats & Trends

Median Asking:

$304,995

Sale Price/ft²

$159

Above Asking

0.03%

Average Days on Market

80

Average Home Size

2255 ft²

Average Home Age

13.6 years

Currently For Sale

1477 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: Stacey Eastep, Nicholson Premier Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14091739
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 14198 Paterson Road built and last sold?
The property at 14198 Paterson Road was built in 2014 and last sold on Oct 30, 2019 for $444,100.
How much is this home worth?
The estimated value of the home located at 14198 Paterson Road is $0.
What are some comparable homes to 14198 Paterson Road?
There are currently no comparable homes to 14198 Paterson Road.
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