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Eastland 76448
218 County Road 571
$325,000
● House - Off Market

218 County Road 571

Eastland, TX 76448
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,783 Ft²
$497,061
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Lots of recent improvements - expanded and updated kitchen, new flooring, new AC, and more!  So much space for all the friends and family, indoors and outside, on this 1.5 acre LAKEFRONT lot with a spacious two-story home, backyard deck, and large covered dock with a boat slip in a cozy cove...and plenty of parking space, too!  Situated between the Lone Cedar Golf Course (AKA The Kingdom Course at Solid Rock) and the shoreline of Lake Leon just a short drive South and East of Eastland; just minutes off of I-20.  A great place to enjoy as is, with a little TLC, or bring your DIY plans and create your own lake life dream home!
Unit Size
2,783 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$135
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1985

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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 #14396929)

Price History

Date / Event Date Event Price
Nov 24, 2020 Sold
Premium
Sold
Jul 24, 2020 Listed by Lake Homes Realty, LLC $375,000
Listed by Lake Homes Realty, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,289
  • Gross Building Area: 5,289
  • Building Area: 5,289
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,543
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UTLEY
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: PART LT 25 ALL LOT 26 BLK 1 WM VAN NORMAN/UTLEY AB 545 (.4065 AC)

Neighborhood

  • School District Name: Eastland Independent School District
  • Census Tract: 950202

Geography

  • Account Number: 005450472000000000000
  • Parcel: 13003
  • Block: 1
  • Lot: 25,26
  • Municipality: EASTLAND
  • Latitude: 32.3745
  • Longitude: -98.7098

    Address

  • Full Address: 218 County Road 571
  • Address - House Number: 218
  • Address - Street Name: County Road 571
  • State: TX
  • City Name: Eastland
  • Carrier Code: R002
  • 4-Digit Zip Code: 6614
  • Zip Code: 76448

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $664,869
  • Tax Rate Code Area: 32 67 80

    Appraisal Valuation

  • Standard Deviation: 0.2727
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 548,766
  • High Value: 698,441
  • Low Value: 399,091

    Market Valuation

  • Market Total Value: $513,980
  • Market Land Value: $37,500
  • Market Improvement Value: $476,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,980
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $476,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-003419
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 Eastland

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$123

Below Asking

0.04%

Average Days on Market

74

Average Home Size

1850 ft²

Average Home Age

65.2 years

Currently For Sale

101 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: Jo Lynn Miller, Lake Homes Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14396929
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 218 County Rd 571 built and last sold?
The property at 218 County Rd 571 was built in 1985 and last sold on Nov 24, 2020 for $365,600.
How much is this home worth?
The estimated value of the home located at 218 County Rd 571 is $0.
What are some comparable homes to 218 County Rd 571?
There are currently no comparable homes to 218 County Rd 571.
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