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Van Zandt 75124
240 Vz County Road 2916
$415,000
● House - Off Market

240 Vz County Road 2916

Eustace, TX 75124
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,749 Ft²
$428,309
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Enjoy this 3 bedroom, 2 bath home between Canton and Athens (close to Martins Mill) on approximately 5 Acres. Kitchen, Dining and Living Areas are open concept. Kitchen features granite counter tops, pantry, island and much more! Master bedroom is split from 2 bedrooms. Enough room to have a few animals and enjoy the country life. Small workshop with a rolling door. Easy commute to Mabank, Canton, or Athens.
Unit Size
1,749 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$243
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
2017

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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 #20014577)

Price History

Date / Event Date Event Price
May 4, 2022 Sold
Premium
Sold
Mar 21, 2022 Listed by RE/MAX Landmark Rose $425,000
Listed by RE/MAX Landmark Rose

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,749
  • Building Area: 1,749
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,749
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: P YOUNG SURVEY A-978
  • Land Acres: 0000005000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: ACRES: 5.000 ABST: 978 SUR: P YOUNG

Neighborhood

  • School District Name: Athens Independent School District
  • School Tax School District: ATHENS ISD
  • School Tax District Code 2: EM SRV DIST 3
  • Census Tract: 951001

Geography

  • Assessors Map Reference: MAP: 35A
  • Account Number: R000032758
  • Subdivision Tract Number: 978
  • Parcel: 070.0978.0570.0000.0000
  • Municipality: EUSTACE
  • Latitude: 32.3968
  • Longitude: -95.8913

    Address

  • Full Address: 240 Vz County Road 2916
  • Address - House Number: 240
  • Address - Street Name: Vz County Road 2916
  • State: TX
  • City Name: Eustace
  • Carrier Code: R021
  • 4-Digit Zip Code: 7282
  • Zip Code: 75124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $563,145

    Appraisal Valuation

  • Standard Deviation: 0.4279
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 224,264
  • High Value: 320,242
  • Low Value: 128,285

    Market Valuation

  • Market Total Value: $419,550
  • Market Land Value: $100,250
  • Market Improvement Value: $319,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,550
  • Assessed Land Value: $100,250
  • Assessed Improvements Value: $319,300

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6242
  • Previous Sale Recording Date: Mar 24, 2014
  • Previous Sale Contract Date: Mar 21, 2014
  • Previous Sale Amount: $132,500
  • 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 Van Zandt

Stats & Trends

Median Asking:

$336,490

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2157 ft²

Average Home Age

32.6 years

Currently For Sale

306 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: Cody Brantley, RE/MAX Landmark Rose
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20014577
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 240 Vz County Rd 2916 built and last sold?
The property at 240 Vz County Rd 2916 was built in 2017 and last sold on Apr 29, 2022 for $186,200.
How much is this home worth?
The estimated value of the home located at 240 Vz County Rd 2916 is $0.
What are some comparable homes to 240 Vz County Rd 2916?
There are currently no comparable homes to 240 Vz County Rd 2916.
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