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Erath 76401
1646 County Road 455
$540,000
● House - Off Market

1646 County Road 455

Stephenville, TX 76401
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,748 Ft²
$545,925
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Turn Key Horse Property.  Peaceful area on a quiet road.   Newly remodeled 3 bedroom 2 bath brick home on 8 acres.  Barn with runs and room to park your trailer or Rv.  Granite countertops, new flooring and paint, wood burning fireplace, and split concept.  Laundry, mud room at back door.  Large closets in bedrooms and lots of storage throughout the home.  Storage sheds and well house with storage.  The property has a great place for an arena or more horse pastures.  Only minutes from Lone Star arena, 377 arena, and Stephenville.
Unit Size
1,748 Ft²
Days on Market
-
Land Size
8.00 acres
Price per sqft
$314
Property Type
House
Property Taxes
$22
HOA Dues
-
Year Built
1988

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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 #20359980)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jun 19, 2023 Listed by Majestic Realty Group $549,000
Listed by Majestic Realty Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 348,480
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,748
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008000
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • Legal Description 1: A0317 GRIFFITH HORACE; HOUSE & SHED

Neighborhood

  • School District Name: Stephenville Independent School District
  • School Tax School District: STEPHENVILLE SD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950201

Geography

  • Account Number: R.0317.00010.00.0
  • Parcel: R000019220
  • Municipality: STEPHENVILLE
  • Latitude: 32.2619
  • Longitude: -98.1653

    Address

  • Full Address: 1646 County Road 455
  • Address - House Number: 1646
  • Address - Street Name: County Road 455
  • State: TX
  • City Name: Stephenville
  • Carrier Code: R010
  • 4-Digit Zip Code: 7780
  • Zip Code: 76401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $303,727
  • Tax Rate Code Area: 72 903 MTD

    Market Valuation

  • Market Total Value: $140,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $600

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4721
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 Erath

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$208

Below Asking

0.03%

Average Days on Market

67

Average Home Size

2024 ft²

Average Home Age

8 years

Currently For Sale

258 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

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NTREIS

Listed by: Josey Key, Majestic Realty Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20359980
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1646 County Rd 455 built and last sold?
The property at 1646 County Rd 455 was built in 1988 and last sold on Aug 11, 2023 for $538,650.
How much is this home worth?
The estimated value of the home located at 1646 County Rd 455 is $0.
What are some comparable homes to 1646 County Rd 455?
There are currently no comparable homes to 1646 County Rd 455.
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