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Briar 76020
241 County Road 4860
$315,000
● House - Off Market

241 County Road 4860

Azle, TX 76020
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,352 Ft²
$1,601
Est. Monthly

About This Property

MULTIPLE OFFERS RECEIVED- HIGHEST & BEST 6-12 BY 3PM-Welcome to your dream retreat in Azle, ISD! Nestled on 5 acres of picturesque land, this property offers the perfect blend of comfort and convenience. Featuring a charming mobile home with all the amenities, a spacious shop for your projects and hobbies, and a cozy guest house for visitors or extra rental income. Whether you're looking for a peaceful getaway or a place to call home, this property has it all. Don't miss out on this rare opportunity!

Property Does Need Some TLC- Property Is Being Sold AS IS! Professional Photos Coming Friday!
Unit Size
2,352 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

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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 #20609282)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
Jun 15, 2024 In contract -
In contract
Jun 6, 2024 Price Decreased $325,900
↓ $24K (6.9%)
Price Decreased
May 14, 2024 Listed by Premier Legacy Real Estate LLC $349,900
Listed by Premier Legacy Real Estate LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORROW ESTATES
  • Land Acres: 0000005000
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 20 MORROW ESTATES

Neighborhood

  • School District Name: Azle Independent School District
  • School Tax School District: AZLE ISD
  • School Tax District Code 2: FIRE DIST #1
  • School Tax District Code 3: WCID #1
  • Census Tract: 150604

Geography

  • Assessors Map Reference: AIR MAP: 1119
  • Account Number: 000000758930
  • Parcel: R0630.0020.00
  • Lot: 20
  • Municipality: AZLE
  • Latitude: 33.002
  • Longitude: -97.5567

    Address

  • Full Address: 241 County Road 4860
  • Address - House Number: 241
  • Address - Street Name: County Road 4860
  • State: TX
  • City Name: Azle
  • Carrier Code: R006
  • 4-Digit Zip Code: 8895
  • Zip Code: 76020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,251
  • Tax Rate Code Area: F01,LTR,SA

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 313,248
  • High Value: 376,074
  • Low Value: 250,423

    Market Valuation

  • Market Total Value: $267,692

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,155

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 1993
  • Current Sale Recording Date: Jun 04, 1993
  • Current Sale Document Type: 27
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 Briar

Stats & Trends

Median Asking:

$519,990

Sale Price/ft²

$224

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2386 ft²

Average Home Age

14.4 years

Currently For Sale

56 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: Melissa Minyard, Premier Legacy Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20609282
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 241 County Rd 4860 built and last sold?
The property at 241 County Rd 4860 was built in 1997 and last sold on Jun 4, 1993 for $0.
How much is this home worth?
The estimated value of the home located at 241 County Rd 4860 is $0.
What are some comparable homes to 241 County Rd 4860?
There are currently no comparable homes to 241 County Rd 4860.
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