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Eastland 76448
230 County Road 565
$505,000
● House - Off Market

230 County Road 565

Eastland, TX 76448
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,360 Ft²
$770,997
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

BEST WATER ON LAKE LEON!!  The main house is an updated 3 bedroom 2 bath with a covered back porch the length of the house with beautiful views of the lake and sunsets over Lake Leon.  Large shade trees so you can enjoy the summers without the sun bearing down. There is a 2 bedroom, 2 bath guest house built in 2015 with small living, kitchenette and laundry. Composite wood dock rewired with all new electrical summer 2019 with boat lift, 3 jet ski floaters, 2 cantilevers and a diving board. Private boat ramp onsite and RV hookup at guest house.
Unit Size
2,360 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$233
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1958

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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 #14269367)

Price History

Date / Event Date Event Price
Jun 16, 2020 Sold
Premium
Sold
Jan 27, 2020 Listed by HBS Real Estate $549,900
Listed by HBS Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 4
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 8,945
  • Gross Building Area: 8,945
  • Building Area: 8,945
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEIR PARK
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: 19A BLK 1 WEIR PARK AB 545

Neighborhood

  • School District Name: Eastland Independent School District
  • Census Tract: 950202

Geography

  • Account Number: 005450632000000000000
  • Parcel: 9492
  • Block: 1
  • Lot: 19A
  • Municipality: EASTLAND
  • Latitude: 32.3619
  • Longitude: -98.6834

    Address

  • Full Address: 230 County Road 565
  • Address - House Number: 230
  • Address - Street Name: County Road 565
  • State: TX
  • City Name: Eastland
  • Carrier Code: R002
  • 4-Digit Zip Code: 6712
  • Zip Code: 76448

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $727,206
  • Tax Rate Code Area: 32 67 80

    Appraisal Valuation

  • Standard Deviation: 0.2727
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 722,650
  • High Value: 919,752
  • Low Value: 525,548

    Market Valuation

  • Market Total Value: $562,170
  • Market Land Value: $25,000
  • Market Improvement Value: $537,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,170
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $537,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-001634
  • Previous Sale Recording Date: Jun 30, 2006
  • Previous Sale Contract Date: Jun 28, 2006
  • Previous Sale Amount: $162,500
  • 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 Eastland

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$123

Below Asking

0.04%

Average Days on Market

75

Average Home Size

1832 ft²

Average Home Age

64.7 years

Currently For Sale

99 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: Whitney Harris, HBS Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14269367
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 230 County Road 565 built and last sold?
The property at 230 County Road 565 was built in 1958 and last sold on Jun 16, 2020 for $505,000.
How much is this home worth?
The estimated value of the home located at 230 County Road 565 is $0.
What are some comparable homes to 230 County Road 565?
There are currently no comparable homes to 230 County Road 565.
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