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Van Zandt 75752
2099 Vz County Road 2918
$450,000
● Mobile Manufactured - Off Market

2099 Vz County Road 2918

Eustace, TX 75124
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,456 Ft²
$2,286
Est. Monthly
3.86%
Cap Rate

About This Property

Nestled in the landscape of Van Zandt County, between the towns of Canton and Athens, TX, this 33-acre property presents a blend of pastures and woodlands. While the land itself offers a picturesque canvas for any rural dream, it also hosts an older manufactured home, which, though currently uninhabitable, holds potential for restoration or replacement. Additional structures include a barn and a shop, ideal for various agricultural or creative pursuits. With the convenience of high-speed internet access, this property merges rural tranquility with modern connectivity. Its extensive road frontage enhances accessibility and offers numerous possibilities for entry or subdivision. This land is a perfect retreat for those seeking a country life with the benefits of nearby city amenities.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
33.85 acres
Price per sqft
$309
Property Type
Mobile Manufactured
Property Taxes
$76
HOA Dues
-
Year Built
1984

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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 #20499353)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Dec 22, 2023 Listed by RE/MAX Landmark Rose $450,000
Listed by RE/MAX Landmark Rose

Property Highlights

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,474,506
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: W S GOSSETT SURVEY A-294
  • Land Acres: 0000033850
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: ACRES: 33.850 ABST: 294 SUR: W S GOSSETT

Neighborhood

  • School District Name: Athens Independent School District
  • School Tax School District: ATHENS ISD
  • School Tax District Code 2: EM SRV DIST 3
  • Census Tract: 951001

Geography

  • Assessors Map Reference: MAP: 39A;35B
  • Account Number: R000032258
  • Parcel: 070.0294.0005.0000.0000
  • Municipality: EUSTACE
  • Latitude: 32.3714
  • Longitude: -95.8631

    Address

  • Full Address: 2099 Vz County Road 2918
  • Address - House Number: 2099
  • Address - Street Name: Vz County Road 2918
  • State: TX
  • City Name: Eustace
  • Carrier Code: R021
  • 4-Digit Zip Code: 7332
  • Zip Code: 75124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,555

    Appraisal Valuation

  • Standard Deviation: 0.2718
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 522,439
  • High Value: 664,465
  • Low Value: 380,413

    Market Valuation

  • Market Total Value: $471,270
  • Market Land Value: $15,000
  • Market Improvement Value: $456,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,270
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $456,270

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 811
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 Van Zandt

Stats & Trends

Median Asking:

$336,490

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2157 ft²

Average Home Age

32.6 years

Currently For Sale

306 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: Cody Brantley, RE/MAX Landmark Rose
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20499353
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2099 Vz County Rd 2918 built and last sold?
The property at 2099 Vz County Rd 2918 was built in 1984 and last sold on Jan 31, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 2099 Vz County Rd 2918 is $0.
What are some comparable homes to 2099 Vz County Rd 2918?
There are currently no comparable homes to 2099 Vz County Rd 2918.
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