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Bosque 76671
195 County Road 1501
$255,000
● House - Off Market

195 County Road 1501

Morgan, TX 76671
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,700 Ft²
$289,152
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

PREVIOUS CONTRACT TERMINATED DUE TO BUYERS PROPERTY NOT SELLING - HOME IS PRICED TO SELL.  Here is your Lake House getaway. The property includes 3 additional lots, that the 3 bedroom and 3 full baths with an open concept home sits on. Oversized Living Room, a 17 ft. bar dividing the den and kitchen. Great storage and a serving area for your family get togethers. Outside there are 3 different covered porches, there is a view of the green belt to watch the deer while drinking your morning coffee. The boat ramp is less than a half mile away. Seller is leaving many of the furnishings which include the refrigerator, stackable washer and dryer, all of the beds and recliners.  Come and enjoy getting away in your beautiful and relaxing lake house!!!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$161
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
2007

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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 #20037590)

Price History

Date / Event Date Event Price
Nov 2, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by Ebby Halliday, REALTORS $274,000
Listed by Ebby Halliday, REALTORS

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,552
  • Gross Building Area: 1,552
  • Building Area: 1,552
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,134
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR SHORES ESTATES SUBDIVISION
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CEDAR SHORES BLOCK U2 LOT 101

Neighborhood

  • School District Name: Morgan Independent School District
  • School Tax School District: MORGAN ISD
  • Census Tract: 950300

Geography

  • Parcel: R13406
  • Block: U2
  • Lot: 101
  • Municipality: MORGAN
  • Latitude: 31.9441
  • Longitude: -97.4458

    Address

  • Full Address: 195 County Road 1501
  • Address - House Number: 195
  • Address - Street Name: County Road 1501
  • State: TX
  • City Name: Morgan
  • Zip Code: 76671

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $278,642
  • Tax Rate Code Area: G01 SMO H0

    Appraisal Valuation

  • Standard Deviation: 0.4699
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 6
  • Final Value: 202,864
  • High Value: 298,195
  • Low Value: 107,532

    Market Valuation

  • Market Total Value: $232,714
  • Market Land Value: $7,200
  • Market Improvement Value: $225,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,714
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $225,514

    Sales

  • Current Sale Contract Date: Nov 02, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4305
  • Previous Sale Recording Date: Aug 07, 2007
  • Previous Sale Contract Date: Aug 06, 2007
  • 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 Bosque

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$172

Below Asking

0.05%

Average Days on Market

99

Average Home Size

2040 ft²

Average Home Age

43.1 years

Currently For Sale

121 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

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NTREIS

Listed by: Cheryl Wilbur, Ebby Halliday, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20037590
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 195 County Road 1501 built and last sold?
The property at 195 County Road 1501 was built in 2007 and last sold on Nov 2, 2022 for $271,320.
How much is this home worth?
The estimated value of the home located at 195 County Road 1501 is $0.
What are some comparable homes to 195 County Road 1501?
There are currently no comparable homes to 195 County Road 1501.
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