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Johnson 76028 Emerald Forest Estates
2524 Emerald Forest Drive
$87,000
● Land - Off Market

2524 Emerald Forest Drive

Burleson, TX 76028
bedrooms
Studio
bathrooms
0 Bath
$130,988
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Perfect lot to build your dream home. Awesome neighborhood with no restrictions! Build a shop. Bring your pets. Bring a horse if you would like. Outside city limits so lower taxes. Loacted just minutes from the Chisholm Trail allows for quick commute to either Fort Worth or Cleburne. Tons of ammenities coming to the area over the next few years. If you are looking to build, the seller would love to help you design and build your beautiful custom home on this lot as they have for over 30 other homeowners in this neighborhood.
Unit Size
-
Days on Market
-
Land Size
1.57 acres
Price per sqft
-
Property Type
Land
Property Taxes
$128
HOA Dues
-
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 #14241268)

Price History

Date / Event Date Event Price
Jan 3, 2020 Sold
Premium
Sold
Dec 12, 2019 Listed by Century 21 A-One Realty $89,900
Listed by Century 21 A-One 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: 45,651
  • 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
  • Land Acres: 0000001048
  • Standard Land Use Code: 8008
  • County Land Use Code: E4
  • State Land Use Code: E4
  • Legal Description 1: EMERALD FOREST ESTATES

Neighborhood

  • School District Name: Joshua Independent School District
  • School Tax School District: JOSHUA ISD
  • Census Tract: 130214

Geography

  • Assessors Map Reference: 126.3478.01403
  • Account Number: R000105911
  • Parcel: 126-3478-01403
  • Municipality: BURLESON
  • Latitude: 32.5005
  • Longitude: -97.4134

    Address

  • Full Address: 2524 Emerald Forest Dr
  • Address - House Number: 2524
  • Address - Street Name: Emerald Forest
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Burleson
  • Carrier Code: R028
  • 4-Digit Zip Code: 7738
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $123,755
  • Tax Rate Code Area: 5

    Market Valuation

  • Market Total Value: $68,120
  • Market Land Value: $68,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,120
  • Assessed Land Value: $68,120
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 Emerald Forest Estates

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$224

Below Asking

0.06%

Average Days on Market

64

Average Home Size

2447 ft²

Average Home Age

8 years

Currently For Sale

1 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

Unit for rent at 2501 Bunker Hill Drive, Burleson, TX, 76028

$3,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,553 ft²
2501 Bunker Hill Drive, Burleson, TX, 76028 Listing by Gabriela Emerton

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jenna Davis, Century 21 A-One Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14241268
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2524 Emerald Forest Drive built and last sold?
The property at 2524 Emerald Forest Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2524 Emerald Forest Drive is $0.
What are some comparable homes to 2524 Emerald Forest Drive?
There are currently no comparable homes to 2524 Emerald Forest Drive.
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