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Erath 76446
2490 County Road 516
$725,000
● House - Off Market

2490 County Road 516

Dublin, TX 76446
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,864 Ft²
$795,248
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Looking for a house, shop and acreage close to Stephenville?  This property checks the boxes.  3 bedroom, 2 bath ranch style home with screened in back porch will give anyone room to roam.  Acreage has been sown in hay most recently.  A wet weather, tree lined stream runs across the property and 5+- acres lies on the opposite side of the stream from the home.  Large 40 X 60 totally enclosed shop has electricity and concrete floors.  West side of shop has a 20 X 60 area enclosed on three sides to enable parking equipment out of the weather.  Other side of has a 20 X 40 area with top only for even more covered storage space.  Various wildlife is abundant for hunting.  This property is a dream.  Do not let it get away!!!  Mineral rights are owned are negotiable in regards to conveyance.
Unit Size
1,864 Ft²
Days on Market
-
Land Size
25.00 acres
Price per sqft
$408
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
2003

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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 #20131951)

Price History

Date / Event Date Event Price
Oct 12, 2022 Sold
Premium
Sold
Aug 3, 2022 Listed by Coldwell Banker Apex, REALTORS $760,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 3
  • Garage Square Area: 768
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,089,000
  • Total Building Area: 1,864
  • Gross Building Area: 1,864
  • Building Area: 1,864
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000025000
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • Legal Description 1: A0311 GARRETT JOHN; HOUSE & SHOP

Neighborhood

  • School District Name: Stephenville Independent School District
  • School Tax School District: STEPHENVILLE SD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950203

Geography

  • Account Number: R.0311.00065.00.0
  • Parcel: R000019109
  • Municipality: DUBLIN
  • Latitude: 32.1618
  • Longitude: -98.2696

    Address

  • Full Address: 2490 County Road 516
  • Address - House Number: 2490
  • Address - Street Name: County Road 516
  • State: TX
  • City Name: Dublin
  • Carrier Code: R004
  • 4-Digit Zip Code: 6128
  • Zip Code: 76446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,702
  • Tax Rate Code Area: 72 903 MTD

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 70
  • Final Value: 764,081
  • High Value: 929,576
  • Low Value: 598,586

    Market Valuation

  • Market Total Value: $432,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,740

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7185
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 Erath

Stats & Trends

Median Asking:

$372,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1983 ft²

Average Home Age

9 years

Currently For Sale

252 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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NTREIS

Listed by: Shelly Woods, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20131951
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2490 County Rd 516 built and last sold?
The property at 2490 County Rd 516 was built in 2003 and last sold on Oct 12, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 2490 County Rd 516 is $0.
What are some comparable homes to 2490 County Rd 516?
There are currently no comparable homes to 2490 County Rd 516.
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