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Johnson 76058 Wooded Ranches
1621 Dragon Road
$305,000
● House - Off Market

1621 Dragon Road

Joshua, TX 76058
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,580 Ft²
$2,056
Est. Monthly
5.68%
Cap Rate

About This Property

Seize the opportunity to own this stunning retreat! Built in 2022, this roomy home lies just outside the city limits, offering peace and privacy. Close to the Chisolm Trail Parkway, restaurants, shopping, and schools, it's perfectly positioned for convenience. Featuring a single, cozy living area with classic charm, this home blends modern comfort with timeless appeal. Schedule your showing today!
Unit Size
1,580 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$196
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1985

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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: 2 years ago (NTREIS #20860763)

Price History

Date / Event Date Event Price
Apr 18, 2025 Sold
Premium
Sold
Mar 31, 2025 In contract -
In contract
Mar 7, 2025 Listed by Foundwell Realty $309,900
Listed by Foundwell Realty
Dec 28, 2024 No longer available -
No longer available
Sep 29, 2024 Price Decreased $304,900
↓ $5K (1.6%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,838
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODED RANCHES
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 12 BLK 2 WOODED RANCHES

Neighborhood

  • School District Name: Joshua Independent School District
  • School Tax School District: JOSHUA ISD
  • Census Tract: 130210

Geography

  • Assessors Map Reference: 126.3590.00320
  • Account Number: R000054270
  • Parcel: 126-3590-00320
  • Block: 2
  • Lot: 12
  • Municipality: CITY OF JOSHUA
  • Latitude: 32.4367
  • Longitude: -97.3829

    Address

  • Full Address: 1621 Dragon Rd
  • Address - House Number: 1621
  • Address - Street Name: Dragon
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Joshua
  • Carrier Code: R002
  • 4-Digit Zip Code: 5559
  • Zip Code: 76058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $640,106
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 376,303
  • High Value: 446,408
  • Low Value: 306,198

    Market Valuation

  • Market Total Value: $62,778
  • Market Land Value: $11,100
  • Market Improvement Value: $51,678

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,778
  • Assessed Land Value: $11,100
  • Assessed Improvements Value: $51,678

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 42702
  • Previous Sale Recording Date: Dec 27, 2017
  • Previous Sale Contract Date: Dec 27, 2017
  • Previous Sale Document Type: 71
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 Wooded Ranches

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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 105 Murray Street, Joshua, TX, 76058

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,384 ft²
105 Murray Street, Joshua, TX, 76058 Listing by Anthony Gulley

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jason Bagley, Foundwell Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20860763
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1621 Dragon Road built and last sold?
The property at 1621 Dragon Road was built in 1985 and last sold on Dec 21, 2022 for $288,005.
How much is this home worth?
The estimated value of the home located at 1621 Dragon Road is $312,999.
What are some comparable homes to 1621 Dragon Road?
There are currently no comparable homes to 1621 Dragon Road.
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