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Azle 76020
162 Champions Way
$740,000
● House - Off Market

162 Champions Way

Azle, TX 76020
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,950 Ft²
$4,427
Est. Monthly
$19
HOA / Fees
3.92%
Cap Rate

About This Property

THIS BEAUTIFUL HOME HAS IT ALL! 5 bedrooms, 2.5 baths, Office, 2 car garage, Solar panels, Pool and insulated metal shop with covered patio  Home is in immaculate condition.  One owner. Property is landscaped. Handscaped wood flooring, tile and carpet.  Beamed ceilings Patio fireplace  Primary bath has walk thru shower and tub. Primary suite has large closet.  Decorative light fixtures and crown molding. So many features that you must tour to see the quality and beauty of this lovely home. Solar panels have been purchased and remain with the home.   CALL TODAY FOR YOUR SHOWING!!!!!
Unit Size
2,950 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$254
Property Type
House
Property Taxes
$725
HOA Dues
$19
Year Built
2016

Payment Calculator

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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 #20542123)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Feb 22, 2024 Listed by Fathom Realty, LLC $750,000
Listed by Fathom Realty, LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,700
  • Gross Building Area: 3,700
  • Building Area: 2,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDING CREEK ESTATES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.000 LOT: 20 BLK: 1 SUBD: WINDING CREEK ESTATES

Neighborhood

  • School District Name: Azle Independent School District
  • School Tax School District: AZILE ISD
  • Census Tract: 140408

Geography

  • Assessors Map Reference: N-8
  • Account Number: 1963000102000
  • Parcel: R000100727
  • Block: 1
  • Lot: 20
  • Municipality: AZLE
  • Latitude: 32.8924
  • Longitude: -97.5561

    Address

  • Full Address: 162 Champions Way
  • Address - House Number: 162
  • Address - Street Name: Champions
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Azle
  • Carrier Code: R009
  • 4-Digit Zip Code: 8048
  • Zip Code: 76020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $869,554
  • Tax Rate Code Area: COL LTR

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 672,862
  • High Value: 830,974
  • Low Value: 514,750

    Market Valuation

  • Market Total Value: $607,190
  • Market Land Value: $80,000
  • Market Improvement Value: $527,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $540,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2016
  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201621066
  • Previous Sale Recording Date: Jan 20, 2016
  • Previous Sale Contract Date: Jan 20, 2016
  • Previous Sale Document Type: 27
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 Azle

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1896 ft²

Average Home Age

31.6 years

Currently For Sale

80 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 241 Gardenia Drive, Azle, TX, 76020

$2,990 /mo

  • 4 Beds
  • 3 Baths
  • 2,485 ft²
241 Gardenia Drive, Azle, TX, 76020 Listing by Daniel Nawar

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Annissa Gotich, Fathom Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20542123
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 162 Champions Way built and last sold?
The property at 162 Champions Way was built in 2016 and last sold on Sep 16, 2016 for $368,800.
How much is this home worth?
The estimated value of the home located at 162 Champions Way is $0.
What are some comparable homes to 162 Champions Way?
There are currently no comparable homes to 162 Champions Way.
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