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Kaufman 75126 Windmill Farms
2213 Sumac Drive
$202,000
● House - Off Market

2213 Sumac Drive

Forney, TX 75126
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,651 Ft²
$287,252
RealtyHop Estimate
40.19%
Since Nov 1, 2020
TX-Dallas
Primary Model

About This Property

Three bed, two bath home located in a master planned community.  Open floor plan, spacious breakfast nook with bay window, large kitchen, oversized utility room, lovely master bedroom and luxury bath with separate shower and tub. Covered front porch and covered back patio.
Unit Size
1,651 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$124
Property Type
House
Property Taxes
$418
HOA Dues
$41
Year Built
2004

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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 #14432276)

Price History

Date / Event Date Event Price
Oct 28, 2020 Sold
Premium
Sold
Sep 11, 2020 Listed by Exalt Realty $204,900
Listed by Exalt Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 2,051
  • Gross Building Area: 2,200
  • Building Area: 1,651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,651
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HONEYSUCKLE MEADOWS (WINDMILL FARMS PH 2
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: HONEYSUCKLE MEADOWS (WINDMILL FARMS PH 2A SECT. 1 & 2), BLOCK H, LOT 7; & HOUSE

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050204

Geography

  • Parcel: 58720
  • Block: H
  • Lot: 7
  • Municipality: FORNEY
  • Latitude: 32.7605
  • Longitude: -96.4146

    Address

  • Full Address: 2213 Sumac Dr
  • Address - House Number: 2213
  • Address - Street Name: Sumac
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Forney
  • Carrier Code: R012
  • 4-Digit Zip Code: 6597
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $537,622
  • Tax Rate Code Area: 6F CAD KC

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 73
  • Final Value: 306,631
  • High Value: 367,638
  • Low Value: 245,625

    Market Valuation

  • Market Total Value: $204,208
  • Market Land Value: $55,000
  • Market Improvement Value: $149,208

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $224,629

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-0034305
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Contract Date: Aug 02, 2013
  • Previous Sale Amount: $103,800
  • 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 Windmill Farms

Stats & Trends

Median Asking:

$257,000

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

86

Average Home Size

2203 ft²

Average Home Age

17.8 years

Currently For Sale

33 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 1827 Sanderling Street, Forney, TX, 75126

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,461 ft²
1827 Sanderling Street, Forney, TX, 75126 Listing by Monica Rowlett
Unit for rent at 1405 Merlin Bluff Street, Forney, TX, 75126

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
1405 Merlin Bluff Street, Forney, TX, 75126 Listing by Alma Forde
Unit for rent at 1012 Barkers Pond Avenue, Forney, TX, 75126

$2,195 /mo

  • 4 Beds
  • 2 Baths
  • 1,710 ft²
1012 Barkers Pond Avenue, Forney, TX, 75126 Listing by Saman Ilangasinghe

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amanda Hough, Exalt Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14432276
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2213 Sumac Drive built and last sold?
The property at 2213 Sumac Drive was built in 2004 and last sold on Oct 28, 2020 for $247,900.
How much is this home worth?
The estimated value of the home located at 2213 Sumac Drive is $207,856.
What are some comparable homes to 2213 Sumac Drive?
There are currently no comparable homes to 2213 Sumac Drive.
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