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Aledo 76008
205 Blue Stem Lane
$822,850
● House - Off Market

205 Blue Stem Lane

Aledo, TX 76008
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,334 Ft²
$4,318
Est. Monthly
$50
HOA / Fees
4.00%
Cap Rate

About This Property

Welcome to your new home in the coveted Parks of Aledo! This 5-bed, 3.5-bath abode is the epitome of chic meets comfort. The gourmet kitchen is a culinary enthusiasts  paradise, while the open-concept layout ensures every glance is met with great views, both inside and out. Step into the backyard, where the sparkling pool and hot tub await, to make the most of the hot Texas summer nights. With the master downstairs and additional bedrooms above, it's the perfect blend of convenience and privacy. Say hello to your forever home, where luxury and leisure intertwine effortlessly.
Unit Size
3,334 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2017

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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 #20596914)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 2, 2024 In contract -
In contract
Apr 25, 2024 Listed by Burt Ladner Real Estate LLC $869,180
Listed by Burt Ladner Real Estate LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,770
  • Gross Building Area: 3,980
  • Building Area: 3,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,264
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKS OF ALEDO PH 3
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 0.190 LOT: 3 BLK: B SUBD: PARKS OF ALEDO PH 3

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: ALEDO ISD
  • Census Tract: 140707

Geography

  • Assessors Map Reference: M-17
  • Parcel: R000100407
  • Block: B
  • Lot: 3
  • Municipality: ALEDO
  • Latitude: 32.7055
  • Longitude: -97.6048

    Address

  • Full Address: 205 Blue Stem Ln
  • Address - House Number: 205
  • Address - Street Name: Blue Stem
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Aledo
  • Carrier Code: R010
  • 4-Digit Zip Code: 1225
  • Zip Code: 76008

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,191,745
  • Tax Rate Code Area: COL ES1 LT

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 806,222
  • High Value: 998,477
  • Low Value: 613,968

    Market Valuation

  • Market Total Value: $685,890
  • Market Land Value: $75,000
  • Market Improvement Value: $610,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201924646
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Aug 07, 2017
  • Previous Sale Amount: $424,100
  • 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 Aledo

Stats & Trends

Median Asking:

$529,000

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2850 ft²

Average Home Age

11.6 years

Currently For Sale

12 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 205 Wayne Drive, Aledo, TX, 76008

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,954 ft²
205 Wayne Drive, Aledo, TX, 76008 Listing by Maggie Cleveland

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Suzanne Burt, Burt Ladner Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20596914
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 205 Bluestem Lane built and last sold?
The property at 205 Bluestem Lane was built in 2017 and last sold on Sep 18, 2019 for $548,700.
How much is this home worth?
The estimated value of the home located at 205 Bluestem Lane is $0.
What are some comparable homes to 205 Bluestem Lane?
There are currently no comparable homes to 205 Bluestem Lane.
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