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Ellis 75125
1820 Newton Road
$240,000
● House - Off Market

1820 Newton Road

Ferris, TX 75125
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,541 Ft²
$332,849
RealtyHop Estimate
44.72%
Since Aug 1, 2020
TX-Dallas
Primary Model

About This Property

Great location. Country living yet only a few minutes from I45 and only 20 min from Dallas. Relax on either the front or back porch decks under the shade of your mature trees after a long work day. 4 bedrooms will accommodate your family. Large kitchen, dining and living room give you lots of space for family gatherings. Bring your horses and plan to grow your own garden with 6 acres the possibilities are endless. Prior appraisal states the sqft is 1541 not the sqft the Ellis CAD shows. Home is a Jim Walters built home. Water is provided by Rocket Special Utility District. AC and Heat replaced in 2017. Septic was pumped in 2018. Buyer and Agent to verify all info. Highest and Best by 8pm Fri. 6.12.20
Unit Size
1,541 Ft²
Days on Market
-
Land Size
6.06 acres
Price per sqft
$149
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1980

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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 #14363149)

Price History

Date / Event Date Event Price
Jul 21, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by City Real Estate $230,000
Listed by City Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 3
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 850
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 263,974
  • Total Building Area: 2,528
  • Gross Building Area: 2,688
  • Building Area: 2,688
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: R PENA
  • Land Acres: 0000006060
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: 3 LOT 4 R PENA COPELAND WEST 6.0600 ACRES

Neighborhood

  • School District Name: Ferris Independent School District
  • Census Tract: 060105

Geography

  • Assessors Map Reference: 1036-G
  • Parcel: 177757
  • Lot: 4
  • Municipality: FERRIS
  • Latitude: 32.4863
  • Longitude: -96.6439

    Address

  • Full Address: 1820 Newton Rd
  • Address - House Number: 1820
  • Address - Street Name: Newton
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Ferris
  • Carrier Code: R003
  • 4-Digit Zip Code: 9466
  • Zip Code: 75125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $521,850
  • Tax Rate Code Area: 506

    Market Valuation

  • Market Total Value: $411,573
  • Market Land Value: $190,000
  • Market Improvement Value: $221,573

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,573
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $221,573

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2024881
  • Previous Sale Recording Date: Sep 26, 2019
  • Previous Sale Contract Date: Sep 05, 2019
  • 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 Ellis

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$186

Above Asking

0.16%

Average Days on Market

76

Average Home Size

2595 ft²

Average Home Age

16 years

Currently For Sale

1250 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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NTREIS

Listed by: Janie Hendrix, City Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14363149
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1820 Newton Road built and last sold?
The property at 1820 Newton Road was built in 1980 and last sold on Jul 20, 2020 for $240,000.
How much is this home worth?
The estimated value of the home located at 1820 Newton Road is $0.
What are some comparable homes to 1820 Newton Road?
There are currently no comparable homes to 1820 Newton Road.
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