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Southlake 76092
2113 Miracle Point Drive
$1,200,000
● House - Off Market

2113 Miracle Point Drive

Southlake, TX 76092
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
4,972 Ft²
$1,944,545
RealtyHop Estimate
50.86%
Since Jul 1, 2019
TX-Dallas
Primary Model

About This Property

BUILDERS PERSONAL HOME on one of the most STRATEGIC locations < 1 mi to hwy, walking dist. to Interm & Middle Schools, Dragon Stadium and 1.3mi from Town Square & OLD UNION Elem school. STUNNING! Wonderful floor plan for entertaining with chef kitchen, granite c-tops, massive island, custom lighting, millwork, amazing built-ins, wainscoting, hand-scraped floors, solid core doors, high effic. windows, private master retreat with beamed ceilings, elec. shades, private guest suite downstairs, exec. study, home theater, 4 car garage and circle drive. Private backyard surrounded by beautiful trees, professionally landscaped & offers plenty of outdoor living space on almost .5 acre, with custom pool and attached spa.
Unit Size
4,972 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$259
Property Type
House
Property Taxes
$2,062
HOA Dues
$63
Year Built
2012

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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 #14068031)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
Apr 16, 2019 Listed by Fraser Realty Group, LLC $1,289,000
Listed by Fraser Realty Group, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 2
  • 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: 7
  • Garage Square Area: 523
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,001
  • Total Building Area: 4,971
  • Gross Building Area: 4,971
  • Building Area: 4,971
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,971
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIRACLE POINT
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: MIRACLE POINT BLOCK 1 LOT 2

Neighborhood

  • School District Name: Carroll Independent School District
  • School Tax School District: CARROLL
  • Census Tract: 113957

Geography

  • Assessors Map Reference: 26-R
  • Account Number: 41030176
  • District: 022
  • Parcel: 41030176
  • Block: 1
  • Lot: 2
  • Municipality: SOUTHLAKE
  • Latitude: 32.9317
  • Longitude: -97.1182

    Address

  • Full Address: 2113 Miracle Point Dr
  • Address - House Number: 2113
  • Address - Street Name: Miracle Point
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Southlake
  • Carrier Code: R031
  • 4-Digit Zip Code: 7913
  • Zip Code: 76092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,188,417
  • Tax Rate Code Area: 919

    Appraisal Valuation

  • Standard Deviation: 0.2558
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 915,834
  • High Value: 1,150,164
  • Low Value: 681,504

    Market Valuation

  • Market Total Value: $2,188,975
  • Market Land Value: $344,400
  • Market Improvement Value: $1,844,575

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,188,975
  • Assessed Land Value: $344,400
  • Assessed Improvements Value: $1,844,575

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D219142240
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Contract Date: Jun 25, 2015
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
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 Southlake

Stats & Trends

Median Asking:

$1,499,999

Sale Price/ft²

$381

Below Asking

0.02%

Average Days on Market

53

Average Home Size

5423 ft²

Average Home Age

21 years

Currently For Sale

111 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 2225 Cameron Crossing, Grapevine, TX, 76051

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,309 ft²
2225 Cameron Crossing, Grapevine, TX, 76051 Listing by Logan Reid

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Matthew Fraser, Fraser Realty Group, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14068031
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2113 Miracle Pointe Drive built and last sold?
The property at 2113 Miracle Pointe Drive was built in 2012 and last sold on Jun 26, 2019 for $625,000.
How much is this home worth?
The estimated value of the home located at 2113 Miracle Pointe Drive is $1,301,890.
What are some comparable homes to 2113 Miracle Pointe Drive?
There are currently no comparable homes to 2113 Miracle Pointe Drive.
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