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Upshur 75645
203 Tanglewood Drive
$296,000
● Mobile Manufactured - Off Market

203 Tanglewood Drive

Gilmer, TX 75645
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,128 Ft²
$318,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome home to this brand new beautiful Breeze 2.5 Edition Clayton Home! This eco-friendly home offers brand new energy efficient Frigidaire Appliances, 42" Dura Craft Cabinets in Kitchen, Energy Smart Insulation, Two Sliding Barn Doors, Chalk Board with Hooks in Pantry, and SO MUCH MORE! Setup to qualify for VA and FHA loans, this property will be a turnkey, move in ready, home equipped with a wall to wall warranty. Additional Features and Upgrades include a 2 car garage with slab, Concrete sidewalk, 10x20 gabled front porch, 10x10 covered back porch, Smart Panel Skirting, and a Crushed Asphalt Driveway.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
4.14 acres
Price per sqft
$149
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #20153593)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Aug 31, 2022 Listed by Morton Realty Group $318,000
Listed by Morton Realty Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • 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: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 180,121
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,901
  • Gross Building Area: 2,901
  • Building Area: 2,901
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODBRIAR SUB
  • Land Acres: 0000004135
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: LOT 7, WOODBRIAR SUBD S447 (A6) 4.135 ACRES & M/HOME HUD# NTA2089520

Neighborhood

  • School District Name: Gilmer Independent School District
  • Census Tract: 950301

Geography

  • Account Number: S447-S02-000-LT07
  • Parcel: 65106455
  • Lot: 7
  • Municipality: GILMER
  • Latitude: 32.6609
  • Longitude: -94.8921

    Address

  • Full Address: 203 Tanglewood Dr
  • Address - House Number: 203
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Gilmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 8536
  • Zip Code: 75645

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $540,223
  • Tax Rate Code Area: 230 FD1 S0

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 319,974
  • High Value: 379,754
  • Low Value: 260,194

    Market Valuation

  • Market Total Value: $344,970
  • Market Land Value: $149,940
  • Market Improvement Value: $195,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,970
  • Assessed Land Value: $149,940
  • Assessed Improvements Value: $195,030

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 7395
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 Upshur

Stats & Trends

Median Asking:

$289,500

Sale Price/ft²

$152

Below Asking

0.04%

Average Days on Market

93

Average Home Size

2299 ft²

Average Home Age

32.1 years

Currently For Sale

61 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: Stephen Morton, Morton Realty Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20153593
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 203 Tanglewood Drive built and last sold?
The property at 203 Tanglewood Drive was built in 2022 and last sold on Nov 15, 2023 for $293,544.
How much is this home worth?
The estimated value of the home located at 203 Tanglewood Drive is $0.
What are some comparable homes to 203 Tanglewood Drive?
There are currently no comparable homes to 203 Tanglewood Drive.
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