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Leon 75831
2188 County Road 303
$440,000
● House - Off Market

2188 County Road 303

Buffalo, TX 75831
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,956 Ft²
$475,796
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Bask in all of the East Texas glory at this beautiful 10 acre ranch home showcasing a large main house at the front of the property and an additional cabin at the back of the property. The homestead is situated on a private road providing the perfect getaway from everyday life.
Unit Size
2,956 Ft²
Days on Market
-
Land Size
10.01 acres
Price per sqft
$161
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1999

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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 #20247615)

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold
Premium
Sold
Jan 27, 2023 Listed by CLAY STAPP + CO $475,000
Listed by CLAY STAPP + CO

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,280
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 9,668
  • Gross Building Area: 9,668
  • Building Area: 9,668
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1H
  • Legal Description 1: B & C LAND CO PT TR 1 1.000 AC AB 580 OLIVER

Neighborhood

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

Geography

  • Account Number: 609929
  • Subdivision Tract Number: 1
  • Parcel: 00580-00400-00000-000000
  • Municipality: BUFFALO
  • Latitude: 31.3461
  • Longitude: -96.0054

    Address

  • Full Address: 2188 County Road 303
  • Address - House Number: 2188
  • Address - Street Name: County Road 303
  • State: TX
  • City Name: Buffalo
  • Carrier Code: R001
  • 4-Digit Zip Code: 8001
  • Zip Code: 75831

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $717,142
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 60 1 31

    Appraisal Valuation

  • Standard Deviation: 0.4138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 17
  • Final Value: 348,504
  • High Value: 492,727
  • Low Value: 204,280

    Market Valuation

  • Market Total Value: $441,950
  • Market Land Value: $20,000
  • Market Improvement Value: $421,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,950
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $421,950

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 461126
  • Previous Sale Recording Date: Jan 24, 2014
  • Previous Sale Contract Date: Jan 23, 2014
  • Previous Sale Amount: $21,900
  • Previous Sale Document Type: 70
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 Leon

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$155

Below Asking

0.05%

Average Days on Market

91

Average Home Size

1945 ft²

Average Home Age

33.1 years

Currently For Sale

42 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

Rentals Near You

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NTREIS

Listed by: Travis Cross, CLAY STAPP + CO
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20247615
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2188 County Rd 303 built and last sold?
The property at 2188 County Rd 303 was built in 1999 and last sold on Jun 5, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 2188 County Rd 303 is $0.
What are some comparable homes to 2188 County Rd 303?
There are currently no comparable homes to 2188 County Rd 303.
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