$220,000 Last Listed Price
●
House -
Off Market
243 French Road
Corrigan, TX 75939
3 Beds
2 Baths
1,380 Ft²
$219,182
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Charming Home on 5 Acres with Unlimited Potential! Discover the
perfect blend of serenity and opportunity with this delightful
property! Nestled on 5 acres of unrestricted land, this
well-maintained home comes with a barn, storage shed, and more.
Updates include new carpet and paint. Enjoy the freedom to create
your dream oasis with no restrictions. Features a septic tank for
convenience. Embrace privacy and make it your own! Don't miss this
unique chance to craft your ideal retreat.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$159
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
2010
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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: 6 months ago (HAR #18371979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Keller Williams Realty - Clear Lake/ NASA | $220,000 | |
| Listed by Keller Williams Realty - Clear Lake/ NASA | |||
| | |||
|
Charming Home on 5 Acres with Unlimited Potential! Discover the perfect blend of serenity and opportunity with this delightful property! Nestled on 5 acres of unrestricted land, this well-maintained home comes with a barn, storage shed, and more. Updates include new carpet and paint. Enjoy the freedom to create your dream oasis with no restrictions. Features a septic tank for convenience. Embrace privacy and make it your own! Don't miss this unique chance to craft your ideal retreat.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 9, 2020 | In contract | - | |
| In contract | |||
| May 30, 2020 | Listed | $164,500 | |
| Listed | |||
| | |||
|
Beautiful 5.4 acre tract with the absolute cutest house. Three bedrooms and two baths with an open layout makes this house oh so charming. Property is fenced with barn and large storage building. Gorgeous views all the way around and only 20 min from Lufkin make it the perfect place to call home. The manager has listed the unit size as 1998 square feet.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Price/ft²
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Closing Price
Sold On
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HOA + Taxes
About Polk
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Belinda Hyland, Keller Williams Realty - Clear Lake/ NASA
Last Updated: 6 months ago
Data Source: HAR , MLS# 18371979
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Last Updated: 6 months ago
Data Source: HAR , MLS# 18371979
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