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Bosque 76671
147 County Road 1501
$185,000
● House - Off Market

147 County Road 1501

Morgan, TX 76671
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,218 Ft²
$262,058
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

'LAKE LIFE IS THE BEST LIFE' in this completely updated home on a massive 1.5 acre lot! You will enjoy spectacular views from the second story balcony and boat ramp access in a wonderfully secluded neighborhood.  The interior and exterior have endless updates including new interior and exterior paint, new flooring, kitchen cabinets, countertops and much more! This property is a must-see, and you will never want to leave!
Unit Size
1,218 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$155
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1965

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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 #14265941)

Price History

Date / Event Date Event Price
Jul 8, 2020 Sold
Premium
Sold
Jan 17, 2020 Listed by Magnolia Realty $189,000
Listed by Magnolia Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 7
  • Garage Square Area: 288
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,218
  • Gross Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR SHORES ESTATES
  • Land Acres: 0000001377
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CEDAR SHORES BLOCK U2 LOT 60, 61 & 62

Neighborhood

  • School District Name: Morgan Independent School District
  • School Tax School District: MORGAN ISD
  • Census Tract: 950300

Geography

  • Parcel: R17905
  • Block: U2
  • Lot: 60-62
  • Municipality: MORGAN
  • Latitude: 31.945
  • Longitude: -97.4439

    Address

  • Full Address: 147 County Road 1501
  • Address - House Number: 147
  • Address - Street Name: County Road 1501
  • State: TX
  • City Name: Morgan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3146
  • Zip Code: 76671

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,848
  • Tax Rate Code Area: G01 SMO H0

    Appraisal Valuation

  • Standard Deviation: 0.4699
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 6
  • Final Value: 190,775
  • High Value: 280,425
  • Low Value: 101,124

    Market Valuation

  • Market Total Value: $215,347
  • Market Land Value: $29,600
  • Market Improvement Value: $185,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,347
  • Assessed Land Value: $29,600
  • Assessed Improvements Value: $185,747

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-02171
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 Bosque

Stats & Trends

Median Asking:

$262,500

Sale Price/ft²

$174

Below Asking

0.04%

Average Days on Market

99

Average Home Size

2019 ft²

Average Home Age

43.6 years

Currently For Sale

126 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: Danya Lane, Magnolia Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14265941
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 147 County Road 1501 built and last sold?
The property at 147 County Road 1501 was built in 1965 and last sold on Jul 8, 2020 for $168,800.
How much is this home worth?
The estimated value of the home located at 147 County Road 1501 is $0.
What are some comparable homes to 147 County Road 1501?
There are currently no comparable homes to 147 County Road 1501.
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