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Willow Park 76087
201 Parkway Drive
$425,000
● House - Off Market

201 Parkway Drive

Willow Park, TX 76087
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,223 Ft²
$440,682
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Multiple offer!!! All offers submitted by 5pm November 28th, 2021. Welcome home!  This home is in the Aledo school district with 4bedrooms, 2baths on a corner lot, with a beautiful wood burning fireplace and a formal dinning room perfect for entertaining, Home sits on over an acre of land just right for that growing family!! Don't let this one get away!
Unit Size
2,223 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$180
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1985

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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 #14713135)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Nov 18, 2021 Listed by Keller Williams Heritage West $400,000
Listed by Keller Williams Heritage West

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,887
  • Total Building Area: 2,683
  • Gross Building Area: 2,683
  • Building Area: 2,223
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,223
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW CREST ESTATES
  • Land Acres: 0000001076
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SUBD: WILLOW CREST ESTATES LOT: 50, BLK: 1, ADDN: WILLOW CREST ESTATE

Neighborhood

  • School District Name: Aledo Independent School District
  • School Tax School District: ALEDO ISD
  • Census Tract: 140714

Geography

  • Assessors Map Reference: 499-U
  • Parcel: R000033519
  • Block: 1
  • Lot: 50
  • Municipality: WILLOW PARK
  • Latitude: 32.764
  • Longitude: -97.6445

    Address

  • Full Address: 201 Parkway Dr
  • Address - House Number: 201
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Willow Park
  • Carrier Code: R007
  • 4-Digit Zip Code: 7308
  • Zip Code: 76087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $710,014
  • Tax Rate Code Area: COL LTR

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 515,406
  • High Value: 636,518
  • Low Value: 394,293

    Market Valuation

  • Market Total Value: $358,660
  • Market Land Value: $85,000
  • Market Improvement Value: $273,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202150714
  • Previous Sale Recording Date: Jan 12, 1998
  • Previous Sale Contract Date: Jan 12, 1998
  • Previous Sale Document Type: 27
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 Willow Park

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$215

Below Asking

0.02%

Average Days on Market

78

Average Home Size

2389 ft²

Average Home Age

29.6 years

Currently For Sale

23 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 71 Crown Road, Willow Park, TX, 76087

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,534 ft²
71 Crown Road, Willow Park, TX, 76087 Listing by Matthew Salsberry
Unit for rent at 213 Carriage Drive, Willow Park, TX, 76087

$2,495 /mo

  • 4 Beds
  • 2 Baths
  • 1,832 ft²
213 Carriage Drive, Willow Park, TX, 76087 Listing by Bruce Casburn

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cassy Ballinger, Keller Williams Heritage West
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14713135
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 201 Parkway Drive built and last sold?
The property at 201 Parkway Drive was built in 1985 and last sold on Dec 23, 2021 for $401,000.
How much is this home worth?
The estimated value of the home located at 201 Parkway Drive is $407,955.
What are some comparable homes to 201 Parkway Drive?
There are currently no comparable homes to 201 Parkway Drive.
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