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Cooke 76240
155 Sunset Place #LOT9
$400,000
● Land - Off Market

155 Sunset Place #LOT9

Gainesville, TX 76240
bedrooms
Studio
bathrooms
0 Bath
$463,395
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

I would like to welcome you to the hidden gem of Gainesville, Moss lake. Located just one hour outside of the DFW Metroplex, you will find a private oasis where you can build your dream property and enjoy the outdoors. With over 200 feet of waterfront and direct lake access via the personal dock. This 1.13-acre lot offers plenty of native plants, mature trees, and some of the best views of Moss Lake.  Come for the perks of building your dream home without standard limitations and stay for the great Texas sunsets.
Unit Size
-
Days on Market
-
Land Size
1.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1994

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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: 6 months ago (NTREIS #14575349)

Price History

Date / Event Date Event Price
Mar 8, 2022 Sold
Premium
Sold
May 11, 2021 Listed by Compass RE Texas, LLC $450,000
Listed by Compass RE Texas, LLC
I would like to welcome you to the hidden gem of Gainesville, Moss lake. Located just one hour outside of the DFW Metroplex, you will find a private oasis where you can build your dream property and enjoy the outdoors. With over 200 feet of waterfront and direct lake access via the personal dock. This 1.13-acre lot offers plenty of native plants, mature trees, and some of the best views of Moss Lake. Come for the perks of building your dream home without standard limitations and stay for the great Texas sunsets.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 54,450
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,024
  • Gross Building Area: 1,264
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKESIDE EST
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: A5
  • Legal Description 1: LAKESIDE EST; LOT 9R; ACRES 1.25

Neighborhood

  • School District Name: Sivells Bend Independent School District
  • School Tax School District: NCTC,RDBD,SDSB
  • Census Tract: 000200

Geography

  • Account Number: 7704-000-00007
  • Parcel: 321155
  • Lot: 9R
  • Municipality: GAINESVILLE
  • Latitude: 33.765
  • Longitude: -97.2157

    Address

  • Full Address: 155 Sunset Pl
  • Address - House Number: 155
  • Address - Street Name: Sunset
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Gainesville
  • Carrier Code: H051
  • 4-Digit Zip Code: 6624
  • Zip Code: 76240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $493,936
  • Tax Rate Code Area: 74,CCOK,FM

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 505,026
  • High Value: 621,360
  • Low Value: 388,691

    Market Valuation

  • Market Total Value: $407,538
  • Market Land Value: $407,538

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,538
  • Assessed Land Value: $407,538
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 Cooke

Stats & Trends

Median Asking:

$341,245

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2228 ft²

Average Home Age

-

Currently For Sale

297 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

Unit for rent at 137 Oakview Road, Gainesville, TX, 76240

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 4,152 ft²
137 Oakview Road, Gainesville, TX, 76240 Listing by Long Pham

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Zacchary Mitchell, Compass RE Texas, LLC
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14575349
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 155 Sunset Place built and last sold?
The property at 155 Sunset Place was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 155 Sunset Place is $707,000.
What are some comparable homes to 155 Sunset Place?
There are currently no comparable homes to 155 Sunset Place.
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