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Shadybrook 75757
247 El Paso Drive
$12,000
● Land - Off Market

247 El Paso Drive

Bullard, TX 75757
bedrooms
Studio
bathrooms
0 Bath
$14,906
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Take advantage of this great lot in Lakewood POA. The schools are award-winning Bullard ISD.  The property is ready for your primary or weekend dream home to enjoy easy lake lifestyle. Lakewood POA membership includes access to: gated entry, clubhouse, pool, basketball court, pier and boat access and trash services. Ideal for someone who wants to live near the lake on a quiet and peaceful street. Utilities are available in the area for installation.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
$8
Year Built
-

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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 #20019208)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Premium
Sold
Mar 28, 2022 Listed by Exalt Realty $15,000
Listed by Exalt Realty

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 3,200
  • Lot Size Frontage Feet: 450
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: UNIT 3 LAKEWOOD ADD
  • Land Acres: 0000000330
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • Legal Description 1: LOT 89 BLK 3 LAKEWOOD 90X160 - BISD

Neighborhood

  • School District Name: Bullard Independent School District
  • Census Tract: 950202

Geography

  • Account Number: 623100-00030-0089000
  • Parcel: 430173298
  • Block: 3
  • Lot: 89
  • Municipality: BULLARD
  • Latitude: 32.1071
  • Longitude: -95.4056

    Address

  • Full Address: 247 El Paso Dr
  • Address - House Number: 247
  • Address - Street Name: El Paso
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bullard
  • Carrier Code: R006
  • 4-Digit Zip Code: 6430
  • Zip Code: 75757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,018
  • Tax Rate Code Area: 23 37 LR

    Market Valuation

  • Market Total Value: $3,460
  • Market Land Value: $3,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,460
  • Assessed Land Value: $3,460

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 724392
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 Shadybrook

Stats & Trends

Median Asking:

$597,000

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2687 ft²

Average Home Age

17.6 years

Currently For Sale

13 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

Rentals Near You

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NTREIS

Listed by: John Morrison, Exalt Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20019208
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 247 El Paso Drive built and last sold?
The property at 247 El Paso Drive was built in and last sold on Jun 27, 2023 for $113,935.
How much is this home worth?
The estimated value of the home located at 247 El Paso Drive is $0.
What are some comparable homes to 247 El Paso Drive?
There are currently no comparable homes to 247 El Paso Drive.
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