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Jones 79536
15403 County Road 433
$150,000
● House - Off Market

15403 County Road 433

Merkel, TX 79536
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,600 Ft²
$129,188
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Wonderful older home on 1.5 acres.  With lots of the old character and charm this home will be sure to excite your creative abilities.  Lots of updates to the working systems of the house, so you can do the other updates to your taste. There is a wonderful front porch for rocking chairs and drinking coffee.  They had also started adding an enclosed back porch.  Live in the home while you do those updates.  1.5 acres of country living for your garden, chickens, goats or whatever you would like.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$81
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1935

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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 #20358128)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Jun 16, 2023 Listed by Coldwell Banker Apex, REALTORS $129,999
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • 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: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 48
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,518
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,552
  • Gross Building Area: 2,552
  • Building Area: 2,552
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEWITT 11
  • Land Acres: 0000001550
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: A0162 125 DEWITT, TRACT 11, AC RES 1.55

Neighborhood

  • School District Name: Merkel Independent School District
  • Census Tract: 020500

Geography

  • Account Number: 104115-000
  • Subdivision Tract Number: 11
  • Parcel: 18220
  • Municipality: MERKEL
  • Latitude: 32.5402
  • Longitude: -99.9892

    Address

  • Full Address: 15403 County Road 433
  • Address - House Number: 15403
  • Address - Street Name: County Road 433
  • State: TX
  • City Name: Merkel
  • Carrier Code: R001
  • 4-Digit Zip Code: 5929
  • Zip Code: 79536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $129,033
  • Tax Rate Code Area: GJO HHM SM

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 126,428
  • High Value: 141,086
  • Low Value: 111,771

    Market Valuation

  • Market Total Value: $75,450
  • Market Land Value: $9,300
  • Market Improvement Value: $66,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,450
  • Assessed Land Value: $9,300
  • Assessed Improvements Value: $66,150

    Sales

  • Current Sale Contract Date: Sep 19, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 22, 1990
  • Previous Sale Contract Date: May 22, 1990
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
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 Jones

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$125

Below Asking

0.04%

Average Days on Market

78

Average Home Size

2219 ft²

Average Home Age

47.7 years

Currently For Sale

72 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: Jacqueline Smith, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20358128
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 15403 County Rd 433 built and last sold?
The property at 15403 County Rd 433 was built in 1935 and last sold on Sep 19, 2023 for $147,000.
How much is this home worth?
The estimated value of the home located at 15403 County Rd 433 is $0.
What are some comparable homes to 15403 County Rd 433?
There are currently no comparable homes to 15403 County Rd 433.
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