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Lone Oak 75453
202 Mill Street
$100,000
● Mobile Manufactured - Off Market

202 Mill Street

Lone Oak, TX 75453
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,568 Ft²
$119,251
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Over a half-acre corner lot with a doublewide that needs a little TLC to make it your way. Could be split into 2 parcels and you can build two custom homes. Has a carport and a 50 amp plug for a travel trailer. The property has pecan trees, oak trees, along with several other varieties. Bring your family to the sought-after Lone Oak ISD school district. Survey done 2022
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$77
Property Type
Mobile Manufactured
Property Taxes
$130
HOA Dues
-
Year Built
1983

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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 #20404674)

Price History

Date / Event Date Event Price
Sep 26, 2023 Sold
Premium
Sold
Aug 10, 2023 Listed by Fathom Realty LLC $120,000
Listed by Fathom Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,568
  • Gross Building Area: 1,792
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORIG TOWN OF LONE OAK
  • Standard Land Use Code: 1006
  • County Land Use Code: M1
  • State Land Use Code: M1
  • Mobile Home Indicator: T
  • Legal Description 1: S4395 ORIG TOWN OF LONE OAK BLK 106 LOT 1A S# PH051875A S# PH051875B HUD# TEX0275329;HUD#2 TEX0275330;TITLE # 00499383

Neighborhood

  • School District Name: Lone Oak Independent School District
  • Census Tract: 960700

Geography

  • Parcel: 239650
  • Block: 106
  • Lot: 1A
  • Municipality: LONE OAK
  • Latitude: 32.9936
  • Longitude: -95.9417

    Address

  • Full Address: 202 Mill St
  • Address - House Number: 202
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lone Oak
  • Carrier Code: R002
  • 4-Digit Zip Code: 4090
  • Zip Code: 75453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $81,630

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 144,937
  • High Value: 176,108
  • Low Value: 113,766

    Market Valuation

  • Market Total Value: $40,010
  • Market Improvement Value: $40,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,010
  • Assessed Improvements Value: $40,010

    Sales

  • Current Sale Contract Date: Aug 03, 2023
  • Current Sale Recording Date: Aug 10, 2023
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15306
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 Lone Oak

Stats & Trends

Median Asking:

$221,500

Sale Price/ft²

$170

Below Asking

0.03%

Average Days on Market

115

Average Home Size

1983 ft²

Average Home Age

7 years

Currently For Sale

4 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

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NTREIS

Listed by: Candice Jimenez, Fathom Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20404674
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 202 Mill Street built and last sold?
The property at 202 Mill Street was built in 1983 and last sold on Aug 3, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 202 Mill Street is $128,970.
What are some comparable homes to 202 Mill Street?
There are currently no comparable homes to 202 Mill Street.
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