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Wise 76234
168 Hawk Ridge Road
$650,000
● House - Off Market

168 Hawk Ridge Road

Decatur, TX 76234
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,912 Ft²
$869,174
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Come listen to the quiet.  This beautiful home on 8.32 acres has so much to offer, everywhere you turn you will see something special. Guest-mother in law suite with private patio and separate entry.  Office and master share private patio.  Windows galore and doors let in all the natural light you can handle. Kitchen, built in Thermador frig, ice maker, 48 bottle wine cooler, double ovens, convection MW, 48in 6 burner gas cooktop with griddle, custom island and venthood. Outdoor kitchen with grill, griddle and sink.  Custom 3 car carport, 3100 sf shop for 10 cars, exterior 50amp for RV.  47 Fruit trees.  80 gallon hybrid water heater. Spray foam insul.  16x32  and 16x10 sheds. Floor plus in Living R and office.
Unit Size
2,912 Ft²
Days on Market
-
Land Size
8.32 acres
Price per sqft
$223
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
2015

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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 #14404292)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Aug 4, 2020 Listed by Wofford Realty $649,999
Listed by Wofford Realty

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 8
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 362,419
  • Total Building Area: 2,912
  • Building Area: 2,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAWK RIDGE ADDN PH2
  • Land Acres: 0000008320
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 13 BLK C HAWK RIDGE ADDN PH2

Neighborhood

  • School District Name: Decatur Independent School District
  • School Tax School District: DECATUR ISD
  • School Tax District Code 2: WCID #1
  • School Tax District Code 3: FM FLOOD-LATERA
  • Census Tract: 150103

Geography

  • Account Number: 000000781076
  • Subdivision Phase Number: 2
  • Parcel: R0920.0C13.00
  • Block: C
  • Lot: 13
  • Municipality: DECATUR
  • Latitude: 33.1607
  • Longitude: -97.4137

    Address

  • Full Address: 168 Hawk Ridge Rd
  • Address - House Number: 168
  • Address - Street Name: Hawk Ridge
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Decatur
  • Carrier Code: R002
  • 4-Digit Zip Code: 8447
  • Zip Code: 76234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,037,006
  • Tax Rate Code Area: LTR,SDE,WC

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 789,131
  • High Value: 964,364
  • Low Value: 613,898

    Market Valuation

  • Market Total Value: $858,376
  • Market Land Value: $272,882
  • Market Improvement Value: $585,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,376
  • Assessed Land Value: $272,882
  • Assessed Improvements Value: $585,494

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202015092
  • Previous Sale Recording Date: Apr 13, 2009
  • Previous Sale Contract Date: Apr 02, 2009
  • Previous Sale Amount: $59,000
  • 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 Wise

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$197

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2474 ft²

Average Home Age

4.5 years

Currently For Sale

534 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

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Barbara Roberts, Wofford Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14404292
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 168 Hawk Ridge built and last sold?
The property at 168 Hawk Ridge was built in 2015 and last sold on Oct 30, 2020 for $638,000.
How much is this home worth?
The estimated value of the home located at 168 Hawk Ridge is $655,074.
What are some comparable homes to 168 Hawk Ridge?
There are currently no comparable homes to 168 Hawk Ridge.
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