$1,900,000
●
House -
Off Market
1614 County Road 4371
Decatur, TX 76234
4 Beds
0 Bath
4,215 Ft²
$2,091,712
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Rare opportunity to own 72+ acres of country paradise situated
between Walnut Creek and Little Walnut Creek with post-card-like
views. Completely remodeled and added the entire 2nd floor in 2019,
this custom rock home with a metal roof has it all! A few of the
updates include all flooring, HVAC, all kitchen appliances, 4
stalls built in barn, chipseal driveway, and enclosed and
screened-in back porch. Additionally, the entire upstairs was
converted to include 2 bedrooms, a full bath, and an office. The
property features full wrap-around porches, custom pipe and
no-climb fence around the yard, storm cellar with electricity.
One-of-a-kind property with established coastal hay production,
3,000sf insulated garage-workshop with electricity, water, and 14' tall doors, and interior of barn remodeled and exterior working
pens. You have to see it to appreciate all love that has been put
into this picturesque property!
Unit Size
4,215 Ft²
Days on Market
-
Land Size
72.12 acres
Price per sqft
$474
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1985
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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 #20134852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Aug 7, 2022 | Listed by C21 Fine Homes Judge Fite | $1,999,000 | |
| Listed by C21 Fine Homes Judge Fite | |||
| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $900,000 | |
| Listed | |||
| | |||
|
Custom rock home situated on 34 acres between Walnut Creek and Little Walnut Creek with post-card like views. Home features new carpet, newer appliances and Lennox Elite AC, metal roof, storm cellar with electricity, and spacious rooms with walk in closets in all bedrooms. Masonry box fireplace with dedicated forced-air duct system and thermostat for alternate home heat source. Full wrap around porches, reverse osmosis system in kitchen, and custom pipe and no-climb fence around yard. One of kind property with established coastal hay production, 3,000sf insulated workshop with electricity, water, and 14' tall doors, and barn and working pens. 15' x 60' clear span storage in attic. The manager has listed the unit size as 2491 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Trish Knight, C21 Fine Homes Judge Fite
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20134852
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20134852
Details provided by NTREIS and may not match the public record
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