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Hunt 75402
239 County Road 2240
$245,000
● Land - Off Market

239 County Road 2240

Greenville, TX 75402
bedrooms
Studio
bathrooms
0 Bath
$261,216
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Almost 10 acres with approximately 357 road frontage in Hunt County close to highway 34.  This would be perfect for a family or subdivide for multiple homes.  This land was a family homestead with 2 homes that are in disrepair and no value considered.  Electric meters and water lines are available and lateral septic systems that are not warranted.  See also MLS 20221293 for 3 additional acres available and seen in the photos of this listing.
Unit Size
-
Days on Market
-
Land Size
9.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
$340
HOA Dues
-
Year Built
1978

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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 #20221308)

Price History

Date / Event Date Event Price
Feb 24, 2023 Sold
Premium
Sold
Dec 12, 2022 Listed by Coldwell Banker Apex, REALTORS $250,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 421,661
  • Total Building Area: 2,104
  • Gross Building Area: 2,344
  • Building Area: 2,104
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,104
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HATCHET F E
  • Land Acres: 0000009680
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • State Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: A0413 HATCHET F E,TRACT 19, ACRES 9.68

Neighborhood

  • School District Name: Greenville Independent School District
  • Census Tract: 961300

Geography

  • Subdivision Tract Number: 19
  • Parcel: 26078
  • Lot: 19
  • Municipality: GREENVILLE
  • Latitude: 33.008
  • Longitude: -96.1121

    Address

  • Full Address: 239 County Road 2240
  • Address - House Number: 239
  • Address - Street Name: County Road 2240
  • State: TX
  • City Name: Greenville
  • Carrier Code: R004
  • 4-Digit Zip Code: 5042
  • Zip Code: 75402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $429,152
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SQL

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 298,256
  • High Value: 355,813
  • Low Value: 240,699

    Market Valuation

  • Market Total Value: $293,680
  • Market Land Value: $216,360
  • Market Improvement Value: $77,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,680
  • Assessed Land Value: $216,360
  • Assessed Improvements Value: $77,320

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3428
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 Hunt

Stats & Trends

Median Asking:

$287,500

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

81

Average Home Size

2012 ft²

Average Home Age

23.2 years

Currently For Sale

868 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: Tami Rexrode, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20221308
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 239 County Rd 2240 built and last sold?
The property at 239 County Rd 2240 was built in 1978 and last sold on Feb 22, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 239 County Rd 2240 is $252,500.
What are some comparable homes to 239 County Rd 2240?
There are currently no comparable homes to 239 County Rd 2240.
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