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Pecan Acres 76071
163 County Road 4873
$240,000
● House - Off Market

163 County Road 4873

Newark, TX 76071
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,253 Ft²
$334,164
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Completely fenced, over an acre, 3 bedrooms, 2 full bathrooms, fresh paint, new carpet, and new roof! Even the well house got a facelift! This property is a must-see diamond in the rough with a large covered back patio, insulated and cooled workshop, and RV carport! With new quality slide lock vinyl siding and foam insulation, this home is solid! How about a playground for the kids or grandkids? What a terrific property for the price! Come away to the country and enjoy life on a whole new level.
Unit Size
1,253 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$199
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1996

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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 #14415992)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Aug 18, 2020 Listed by Presence Real Estate $249,900
Listed by Presence Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 420
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,003
  • Total Building Area: 1,253
  • Building Area: 1,253
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,253
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWARK BEACH ESTATES
  • Land Acres: 0000001102
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 15 & 16 BLK 19 NEWARK BEACH ESTATES

Neighborhood

  • School District Name: Northwest Independent School District
  • School Tax School District: NORTHWEST ISD
  • School Tax District Code 2: WCID #1
  • School Tax District Code 3: FM FLOOD-LATERA
  • Census Tract: 150603

Geography

  • Assessors Map Reference: AIR MAP: 1219
  • Account Number: 000000763248
  • Parcel: R1970.0280.00
  • Block: 19
  • Lot: 15&16
  • Municipality: NEWARK
  • Latitude: 33.0016
  • Longitude: -97.5016

    Address

  • Full Address: 163 County Road 4873
  • Address - House Number: 163
  • Address - Street Name: County Road 4873
  • State: TX
  • City Name: Newark
  • Carrier Code: R021
  • 4-Digit Zip Code: 3701
  • Zip Code: 76071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387,718
  • Tax Rate Code Area: LTR,SNW,WC

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 315,954
  • High Value: 391,966
  • Low Value: 239,942

    Market Valuation

  • Market Total Value: $277,854
  • Market Land Value: $92,640
  • Market Improvement Value: $185,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,854
  • Assessed Land Value: $92,640
  • Assessed Improvements Value: $185,214

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202013227
  • Previous Sale Recording Date: Sep 25, 2012
  • Previous Sale Contract Date: Sep 12, 2012
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: 70
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 Pecan Acres

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

81

Average Home Size

3659 ft²

Average Home Age

14 years

Currently For Sale

37 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 185 County Road, Azle, TX, 76020

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,980 ft²
185 County Road, Azle, TX, 76020 Listing by Maribel Motenehua

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Gail Smith, Presence Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14415992
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 163 County Rd 4873 built and last sold?
The property at 163 County Rd 4873 was built in 1996 and last sold on Oct 2, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 163 County Rd 4873 is $0.
What are some comparable homes to 163 County Rd 4873?
There are currently no comparable homes to 163 County Rd 4873.
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