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Pecan Acres 76071
227 County Road 4875
$146,000
● House - Off Market

227 County Road 4875

Newark, TX 76071
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$183,413
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Beautiful updated property less than 2 minutes from Eagle Mountain Lake. 3 bedroom house included New Roof Shingles, New HVAC, New Kitchen Cabinets, New Flooring, Siding and much more. Large half acre lot allows for plenty of space for the family.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$128
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972

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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: 5 months ago (NTREIS #14445597)

Price History

Date / Event Date Event Price
Mar 12, 2021 Sold
Premium
Sold
Oct 1, 2020 Listed by Indwell $147,500
Listed by Indwell
Beautiful updated property less than 2 minutes from Eagle Mountain Lake. 3 bedroom house included New Roof Shingles, New HVAC, New Kitchen Cabinets, New Flooring, Siding and much more. Large half acre lot allows for plenty of space for the family.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 360
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,784
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWARK BEACH ESTATES
  • Land Acres: 0000000546
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 17 BLK 6 NEWARK BEACH ESTATES

Neighborhood

  • School District Name: Northwest Independent School District
  • School Tax School District: NORTHWEST ISD
  • School Tax District Code 2: WCID #1
  • School Tax District Code 3: FM FLOOD-LATERA
  • Census Tract: 150603

Geography

  • Assessors Map Reference: AIR MAP: 1219
  • Account Number: 000000763121
  • Parcel: R1970.0118.00
  • Block: 6
  • Lot: 17
  • Municipality: NEWARK
  • Latitude: 33.0005
  • Longitude: -97.512

    Address

  • Full Address: 227 County Road 4875
  • Address - House Number: 227
  • Address - Street Name: County Road 4875
  • State: TX
  • City Name: Newark
  • Carrier Code: R021
  • 4-Digit Zip Code: 3720
  • Zip Code: 76071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $267,346
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: LTR,SNW,WC

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 215,619
  • High Value: 268,390
  • Low Value: 162,848

    Market Valuation

  • Market Total Value: $191,591
  • Market Land Value: $77,761
  • Market Improvement Value: $113,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,591
  • Assessed Land Value: $77,761
  • Assessed Improvements Value: $113,830

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202104033
  • Previous Sale Recording Date: Jul 29, 2020
  • Previous Sale Contract Date: Jun 24, 2020
  • 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 Pecan Acres

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

80

Average Home Size

3568 ft²

Average Home Age

14.1 years

Currently For Sale

40 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 7202 Base Street, Azle, TX, 76020

$1,200 /mo

  • 2 Beds
  • 2 Baths
  • 786 ft²
7202 Base Street #A, Azle, TX, 76020 Listing by Melissa Donahew
Unit for rent at 1577 County Road 4757, Boyd, TX, 76023

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
1577 County Road 4757, Boyd, TX, 76023 Listing by Heidi Ingram

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Richard Gonzales, Indwell
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14445597
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 227 County Road 4875 built and last sold?
The property at 227 County Road 4875 was built in 1972 and last sold on Mar 12, 2021 for $135,500.
How much is this home worth?
The estimated value of the home located at 227 County Road 4875 is $153,509.
What are some comparable homes to 227 County Road 4875?
There are currently no comparable homes to 227 County Road 4875.
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