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Kaufman 75161
15002 Hanging Tree Road
$175,000
● Mobile Manufactured - Off Market

15002 Hanging Tree Road

Terrell, TX 75161
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,904 Ft²
$241,340
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Peaceful and unbelievable 4 acre gated and fenced property with a winding drive covered by thick, lovely trees. Drive leads up to an updated double-wide home featured with a serene, massive covered porch in the front and a large deck in the back. The interior of the home has a light and open atmosphere, with a bonus of an enclosed study within the master bedroom. Corner FP enhances large living area. There is a work-shed along the driveway surrounded by trees, and an extra storage shed in the back of the property. Move-in ready with no Seller Disclosure required. Buyer must purchase new survey. If this property sounds too good to be true, come see it to believe it!
Unit Size
1,904 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$87
Property Type
Mobile Manufactured
Property Taxes
$120
HOA Dues
-
Year Built
1996

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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 #14205476)

Price History

Date / Event Date Event Price
Dec 9, 2019 Sold
Premium
Sold
Oct 13, 2019 Listed by RE/MAX Select Homes $165,000
Listed by RE/MAX Select Homes

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 1,904
  • Gross Building Area: 2,192
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLANKENSHIP
  • Land Acres: 0000004000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: BLANKENSHIP SUB LOT 11

Neighborhood

  • School District Name: Terrell Independent School District
  • Census Tract: 050600

Geography

  • Subdivision Tract Number: 11
  • Parcel: 19116
  • Lot: 11
  • Municipality: TERRELL
  • Latitude: 32.7793
  • Longitude: -96.1548

    Address

  • Full Address: 15002 Hanging Tree Rd
  • Address - House Number: 15002
  • Address - Street Name: Hanging Tree
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Terrell
  • Carrier Code: R005
  • 4-Digit Zip Code: 5658
  • Zip Code: 75161

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,674
  • Tax Rate Code Area: 3F CAD KC

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 76
  • Final Value: 386,220
  • High Value: 456,681
  • Low Value: 315,759

    Market Valuation

  • Market Total Value: $217,624
  • Market Land Value: $91,331
  • Market Improvement Value: $126,293

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,044
  • Assessed Land Value: $123,332
  • Assessed Improvements Value: $158,712

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-0031008
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:

$305,000

Sale Price/ft²

$159

Above Asking

0.29%

Average Days on Market

80

Average Home Size

2261 ft²

Average Home Age

13.5 years

Currently For Sale

1452 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

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NTREIS

Listed by: Barbara Pasmore, RE/MAX Select Homes
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14205476
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 15002 Hanging Tree Road built and last sold?
The property at 15002 Hanging Tree Road was built in 1996 and last sold on Dec 10, 2019 for $214,800.
How much is this home worth?
The estimated value of the home located at 15002 Hanging Tree Road is $173,996.
What are some comparable homes to 15002 Hanging Tree Road?
There are currently no comparable homes to 15002 Hanging Tree Road.
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