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McLendon-Chisholm 75032
2 Granite Ridge Drive
$757,250
● House - Off Market

2 Granite Ridge Drive

McLendon Chisholm, TX 75032
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,066 Ft²
$730,644
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Single story on 1.6 acres. Tall ceilings, light and bright open floorplan offering large family room, kitchen, game or media room, formal living and dining, breakfast, large Master Bedroom with pampering bath, three additional bedrooms, three car garage and much more on sought after, partially fenced  corner lot in prestigious Chisholm Crossing.  The large granite and stainless kitchen with oversized eat-in countertop and recent stainless appliances will delight any chef. This exceptional floorplan perfect for entertaining.
Unit Size
3,066 Ft²
Days on Market
-
Land Size
1.64 acres
Price per sqft
$236
Property Type
House
Property Taxes
$600
HOA Dues
$61
Year Built
2012

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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 #20015647)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Mar 26, 2022 Listed by Coldwell Banker Realty $725,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 598
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,613
  • Total Building Area: 3,664
  • Gross Building Area: 3,892
  • Building Area: 3,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 3,066
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHISHOLM CROSSING PHASE ONE
  • Land Acres: 0000001644
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CHISHOLM CROSSING PHASE ONE, BLOCK B, LOT 16, ACRES 1.644

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040508

Geography

  • Assessors Map Reference: 325-G
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 16
  • Parcel: 60543
  • Block: B
  • Lot: 16
  • Municipality: MCLENDON CHISHOLM
  • Latitude: 32.8443
  • Longitude: -96.3924

    Address

  • Full Address: 2 Granite Ridge Dr
  • Address - House Number: 2
  • Address - Street Name: Granite Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R013
  • 4-Digit Zip Code: 6822
  • Zip Code: 75032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $998,690
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 774,506
  • High Value: 935,478
  • Low Value: 613,533

    Market Valuation

  • Market Total Value: $717,564
  • Market Land Value: $308,250
  • Market Improvement Value: $409,314

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $717,564
  • Assessed Land Value: $308,250
  • Assessed Improvements Value: $409,314

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9899
  • Previous Sale Recording Date: Apr 01, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $345,100
  • 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 McLendon-Chisholm

Stats & Trends

Median Asking:

$745,000

Sale Price/ft²

$221

Below Asking

0.04%

Average Days on Market

98

Average Home Size

3458 ft²

Average Home Age

10.8 years

Currently For Sale

53 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

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NTREIS

Listed by: Aidan Flores, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20015647
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2 Granite Ridge Drive built and last sold?
The property at 2 Granite Ridge Drive was built in 2012 and last sold on May 3, 2022 for $805,714.
How much is this home worth?
The estimated value of the home located at 2 Granite Ridge Drive is $0.
What are some comparable homes to 2 Granite Ridge Drive?
There are currently no comparable homes to 2 Granite Ridge Drive.
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