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Morgan's Point Resort 76513
Lot 22 County Rd 1264
$57,000
● Land - Off Market

Lot 22 County Rd 1264

Whitesboro, TX 76513
bedrooms
Studio
bathrooms
0 Bath
$78,699
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

4.9 acres in the highly desirable Horseman's Ranch subdivision. Come build your dream home on this beautiful tract of land! Treed lot with seclusion and a creek running through. Horseman's Ranch is a premiere equine development with tons of amenities that will accommodate any level of horseman. There is a community 120x250 covered arena that features pens for cattle, chutes, roping boxes, full interior lights for night events and water at both ends of the facility. A restroom for event participants is located on the exterior arena side of the community center. You also have access to over 5 miles of riding trails throughout the community. Only 48 land owners are apart of this development! Welcome to the county!
Unit Size
-
Days on Market
-
Land Size
4.92 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1
HOA Dues
$54
Year Built
-

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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 #14298581)

Price History

Date / Event Date Event Price
Dec 30, 2020 Sold
Premium
Sold
Mar 6, 2020 Listed by KELLER WILLIAMS REALTY $59,900
Listed by KELLER WILLIAMS REALTY

Property Highlights

Building Info

Overview

    General

  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,916
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 760
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MORGANS POINT RESORT SECTION 7
  • Land Acres: 0000000159
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: MORGANS POINT RESORT SECTION 7, BLOCK 001, LOT 0010

Neighborhood

  • School District Name: Belton Independent School District
  • School Tax School District: CAD, CB, RRD
  • Census Tract: 020201

Geography

  • Assessors Map Reference: 760-N
  • Parcel: 54783
  • Block: 1
  • Lot: 10
  • Municipality: CITY OF MORGANS POINT
  • Latitude: 31.1449
  • Longitude: -97.4613

    Address

  • Full Address: 22 Cliffside Cir
  • Address - House Number: 22
  • Address - Street Name: Cliffside
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Belton
  • Carrier Code: R012
  • 4-Digit Zip Code: 6609
  • Zip Code: 76513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,554
  • Initial Tax Delinquent Year: 2001
  • Tax Rate Code Area: 98

    Market Valuation

  • Market Total Value: $8,000
  • Market Land Value: $8,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000
  • Assessed Land Value: $8,000
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 Morgan's Point Resort

Stats & Trends

Median Asking:

$256,950

Sale Price/ft²

$190

Below Asking

0.05%

Average Days on Market

72

Average Home Size

1495 ft²

Average Home Age

45.6 years

Currently For Sale

5 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

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NTREIS

Listed by: Benjamin Clark, KELLER WILLIAMS REALTY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14298581
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 22 County Road built and last sold?
The property at 22 County Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22 County Road is $0.
What are some comparable homes to 22 County Road?
There are currently no comparable homes to 22 County Road.
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