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Rains 75440
265 Rs County Road 1278
$369,900
● House - Off Market

265 Rs County Road 1278

Emory, TX 75440
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,807 Ft²
$369,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Escape to the country! Come check out this beautiful brick home surrounded by mature trees in a quiet neighborhood! Nestled on 1.61 acres, this home is well maintained and move-in ready. Features include an open concept in the living room-kitchen with vaulted ceilings, built-in bookcase, fireplace, lots of storage, and ample countertop space and a lot of natural light throughout the home. The primary bedroom offers a huge walk-in closet and large bathroom with separate shower and soaker tub. Need additional room for your hobbies? Outside you will find a detached garage, carport to park your boat, with a great size backyard to add more. This property offers the best of two worlds. The tranquility of county living and the convenience of being close to town. Don't miss out and schedule your private showing.
Unit Size
1,807 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$205
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
2004

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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 #20456167)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Oct 17, 2023 Listed by Signature Properties, LLC $369,900
Listed by Signature Properties, LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 50
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 70,132
  • Total Building Area: 2,269
  • Gross Building Area: 2,269
  • Building Area: 1,807
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,807
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENTREE ESTATES
  • Land Acres: 0000001610
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: A0188 ROJAS FRANCISCO DE, ACRES 1.61 GREENTREE ESTATES UNPLATED

Neighborhood

  • School District Name: Rains Independent School District
  • Census Tract: 950102

Geography

  • Account Number: 01880470008043
  • Parcel: R33250
  • Municipality: EMORY
  • Latitude: 32.8407
  • Longitude: -95.8172

    Address

  • Full Address: 265 Rs County Road 1278
  • Address - House Number: 265
  • Address - Street Name: Rs County Road 1278
  • State: TX
  • City Name: Emory
  • Carrier Code: R002
  • 4-Digit Zip Code: 7151
  • Zip Code: 75440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $259,636
  • Tax Rate Code Area: ERC GRC SR

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 356,240
  • High Value: 422,125
  • Low Value: 290,355

    Market Valuation

  • Market Total Value: $177,195
  • Market Land Value: $24,150
  • Market Improvement Value: $153,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $177,195
  • Assessed Land Value: $24,150
  • Assessed Improvements Value: $153,045

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2552
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 Rains

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$203

Below Asking

0.05%

Average Days on Market

92

Average Home Size

1931 ft²

Average Home Age

32.4 years

Currently For Sale

98 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: Gavan Cross, Signature Properties, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20456167
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 265 Rs County Rd 1278 built and last sold?
The property at 265 Rs County Rd 1278 was built in 2004 and last sold on Nov 16, 2023 for $137,200.
How much is this home worth?
The estimated value of the home located at 265 Rs County Rd 1278 is $0.
What are some comparable homes to 265 Rs County Rd 1278?
There are currently no comparable homes to 265 Rs County Rd 1278.
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