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Cooke 76240
1891 County Road 297
$335,000
● Land - Off Market

1891 County Road 297

Gainesville, TX 76240
bedrooms
Studio
bathrooms
0 Bath
$446,040
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Build your dream home on this stunning raw land! 44.5 acre treed lot with pond and utilities opens to beautiful open pasture. Water, electric, and pole barn already on site. Endless possibilities on this beautiful property. Come see us!
Unit Size
-
Days on Market
-
Land Size
44.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2017

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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: 5 months ago (NTREIS #14118171)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Jun 18, 2019 Listed by RE/MAX Signature Properties $375,000
Listed by RE/MAX Signature Properties
Build your dream home on this stunning raw land! 44.5 acre treed lot with pond and utilities opens to beautiful open pasture. Water, electric, and pole barn already on site. Endless possibilities on this beautiful property. Come see us!

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,940,598
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: THEOBALES F
  • Land Acres: 0000044550
  • Standard Land Use Code: 7002
  • County Land Use Code: D1
  • Legal Description 1: THEOBALES F 1026 ACRES 44.55

Neighborhood

  • School District Name: Callisburg Independent School District
  • School Tax School District: NCTC,RDBD,SDCL
  • Census Tract: 000600

Geography

  • Account Number: 1026-006-00000
  • Parcel: 3776
  • Municipality: GAINESVILLE
  • Latitude: 33.6061
  • Longitude: -96.9841

    Address

  • Full Address: 1891 County Road 297
  • Address - House Number: 1891
  • Address - Street Name: County Road 297
  • State: TX
  • City Name: Gainesville
  • Zip Code: 76240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,848
  • Tax Rate Code Area: 72,CCOK,FM

    Market Valuation

  • Market Total Value: $629,175
  • Market Land Value: $629,175

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,231
  • Assessed Land Value: $2,231

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-04126
  • Previous Sale Recording Date: May 28, 2010
  • Previous Sale Contract Date: May 17, 2010
  • Previous Sale Amount: $475,200
  • 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 Cooke

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$178

Below Asking

0.04%

Average Days on Market

94

Average Home Size

2224 ft²

Average Home Age

-

Currently For Sale

295 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 20 County Road 175, Whitesboro, TX, 76273

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,575 ft²
20 County Road 175, Whitesboro, TX, 76273 Listing by GARY PAFFORD

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Josh Long, RE/MAX Signature Properties
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14118171
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1891 County Road 297 built and last sold?
The property at 1891 County Road 297 was built in 2017 and last sold on May 14, 2021 for $331,300.
How much is this home worth?
The estimated value of the home located at 1891 County Road 297 is $378,750.
What are some comparable homes to 1891 County Road 297?
There are currently no comparable homes to 1891 County Road 297.
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