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Erath 76401
2344 US Highway 67
$235,000
● House - Off Market

2344 US Highway 67

Stephenville, TX 76401
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,458 Ft²
$241,658
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Hard to find property on almost 1 acre, just outside city limits, and close to town! Home has been remodeled, has updated bathrooms, flooring, and fresh paint throughout. Outside has covered parking, half circle drive, fenced yard, and storage shed. Also has room for RV parking and hookups. You do not want to miss this one of a kind property!
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$157
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1950

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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 #14747748)

Price History

Date / Event Date Event Price
Feb 18, 2022 Sold
Premium
Sold
Jan 26, 2022 Listed by HAYDEN REAL ESTATE $229,500
Listed by HAYDEN REAL ESTATE

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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
  • Garage Square Area: 256
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 1,358
  • Gross Building Area: 1,358
  • Building Area: 1,358
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,358
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATHEW ROBERTS 1/3 LEAGUE SURVEY A-640
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: A0640 ROBERTS MATTHEW; & HOUSE

Neighborhood

  • School District Name: Stephenville Independent School District
  • School Tax School District: STEPHENVILLE SD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950600

Geography

  • Account Number: R.0640.00440.00.0
  • Parcel: R000024358
  • Municipality: STEPHENVILLE
  • Latitude: 32.2073
  • Longitude: -98.1737

    Address

  • Full Address: 2344 Us Highway 67
  • Address - House Number: 2344
  • Address - Street Name: Us Highway 67
  • State: TX
  • City Name: Stephenville
  • Carrier Code: R008
  • 4-Digit Zip Code: 8452
  • Zip Code: 76401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $181,395
  • Tax Rate Code Area: 72 903 MTD

    Appraisal Valuation

  • Standard Deviation: 0.2557
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 63
  • Final Value: 257,765
  • High Value: 323,690
  • Low Value: 191,840

    Market Valuation

  • Market Total Value: $202,370
  • Market Land Value: $40,000
  • Market Improvement Value: $162,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,370
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $162,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1252
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 19, 2018
  • Previous Sale Amount: $166,900
  • 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

Unit for rent at 507 E Clifton Street, Stephenville, TX, 76401

$1,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,189 ft²
507 E Clifton Street, Stephenville, TX, 76401 Listing by Holly Sieperda
Unit for rent at 905 E Hook, Stephenville, TX, 76401

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,980 ft²
905 E Hook, Stephenville, TX, 76401 Listing by Lindsay Black

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Katie Burr, HAYDEN REAL ESTATE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14747748
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2344 U.S. 67 built and last sold?
The property at 2344 U.S. 67 was built in 1950 and last sold on Feb 18, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 2344 U.S. 67 is $0.
What are some comparable homes to 2344 U.S. 67?
There are currently no comparable homes to 2344 U.S. 67.
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