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Callender Lake 75778
220 Sunny Ridge
$79,000
● House - Off Market

220 Sunny Ridge

Murchison, TX 75778
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,096 Ft²
$79,612
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Cute home in beautiful callendar lake a gated community with boat ramp access, fishing (no license required) and so much more. Plenty of space in this little house with 4 bedrooms 2 full size bathrooms. Home needs some TLC but with right amount of work can be an awesome starter home or investment property. New solar screens added to help with those hot summer days. Bonus includes two extra lots that are next to home! Selling AS IS.
Unit Size
1,096 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$72
Property Type
House
Property Taxes
$143
HOA Dues
$52
Year Built
1975

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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 #20257485)

Price History

Date / Event Date Event Price
May 5, 2023 Sold
Premium
Sold
Feb 13, 2023 Listed by Exalt Realty $79,000
Listed by Exalt Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALLENDER LAKE
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.210 BLK: 35 LOT: 5 ADDN: CALLENDER LAKE VII

Neighborhood

  • School District Name: Van Independent School District
  • School Tax School District: VAN ISD
  • Census Tract: 950901

Geography

  • Assessors Map Reference: MAP: 40A
  • Account Number: R000029378
  • Parcel: 066.2100.0035.0005.0000
  • Block: 35
  • Lot: 5
  • Municipality: MURCHISON
  • Latitude: 32.358
  • Longitude: -95.6885

    Address

  • Full Address: 220 Sunny Rdg
  • Address - House Number: 220
  • Address - Street Name: Sunny
  • Address - Suffix Type: Rdg
  • State: TX
  • City Name: Murchison
  • Carrier Code: R002
  • 4-Digit Zip Code: 5532
  • Zip Code: 75778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,866

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 105,470
  • High Value: 125,569
  • Low Value: 85,371

    Market Valuation

  • Market Total Value: $119,330
  • Market Land Value: $10,420
  • Market Improvement Value: $108,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,330
  • Assessed Land Value: $10,420
  • Assessed Improvements Value: $108,910

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 16, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4505
  • Previous Sale Recording Date: Nov 18, 2021
  • Previous Sale Contract Date: Nov 17, 2021
  • Previous Sale Document Type: 71
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 Callender Lake

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$192

Below Asking

0.08%

Average Days on Market

70

Average Home Size

1441 ft²

Average Home Age

25.2 years

Currently For Sale

11 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: David Flores, Exalt Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20257485
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 220 Sunny Ridge built and last sold?
The property at 220 Sunny Ridge was built in 1975 and last sold on May 15, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 220 Sunny Ridge is $0.
What are some comparable homes to 220 Sunny Ridge?
There are currently no comparable homes to 220 Sunny Ridge.
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