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Erath 76401
2270 River Hills Road
$250,000
● House - Off Market

2270 River Hills Road

Stephenville, TX 76401
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,579 Ft²
$343,171
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This beautiful brick home sits on a hilltop with magnificent views on nearly 4 acres. It features an open floor plan, spacious kitchen with large island, formal dining room, and a rock fireplace. Enjoy oversized bedrooms, and a huge laundry room that could be used as an office or extra living space. Home also has a detached garage, fenced yard, and storage building. Come take a look and make it your own!
Unit Size
2,579 Ft²
Days on Market
-
Land Size
3.71 acres
Price per sqft
$96
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1995

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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 #14348902)

Price History

Date / Event Date Event Price
Jul 3, 2020 Sold
Premium
Sold
May 26, 2020 Listed by HAYDEN REAL ESTATE $247,500
Listed by HAYDEN REAL ESTATE

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 1
  • Garage Square Area: 644
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 161,608
  • Total Building Area: 2,579
  • Gross Building Area: 2,579
  • Building Area: 2,579
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,579
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER HILLS RANCH
  • Land Acres: 0000003710
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: S8500 RIVER HILLS RANCH; LOT 37

Neighborhood

  • School District Name: Morgan Mill Independent School District
  • School Tax School District: MORGAN MILL ISD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950100

Geography

  • Account Number: R.8500.00370.00.0
  • Parcel: R000061488
  • Lot: 37
  • Municipality: STEPHENVILLE
  • Latitude: 32.3679
  • Longitude: -98.1697

    Address

  • Full Address: 2270 River Hills Rd
  • Address - House Number: 2270
  • Address - Street Name: River Hills
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Stephenville
  • Carrier Code: R002
  • 4-Digit Zip Code: 8059
  • Zip Code: 76401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $222,460
  • Tax Rate Code Area: 72 910 MTD

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 420,938
  • High Value: 521,147
  • Low Value: 320,728

    Market Valuation

  • Market Total Value: $379,880
  • Market Land Value: $50,000
  • Market Improvement Value: $329,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,880
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $329,880

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jul 03, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Document Type: 15
  • Current Sale Input Document Number: 2020-03724
  • Previous Sale Recording Date: Feb 16, 2011
  • Previous Sale Contract Date: Feb 15, 2011
  • Previous Sale Amount: $272,700
  • 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 Erath

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$208

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2079 ft²

Average Home Age

5.8 years

Currently For Sale

246 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: Katie Burr, HAYDEN REAL ESTATE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14348902
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2270 River Hills Road built and last sold?
The property at 2270 River Hills Road was built in 1995 and last sold on Jul 3, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 2270 River Hills Road is $0.
What are some comparable homes to 2270 River Hills Road?
There are currently no comparable homes to 2270 River Hills Road.
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