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Rains 75440
280 Rs County Road 4263
$425,000
● House - Off Market

280 Rs County Road 4263

Emory, TX 75440
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,522 Ft²
$437,650
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Beautiful custom home on 1 acre in the desirable Spring Creek Subdivision in Emory just minutes from Lake Fork. This Charming 3-Bed 2-Bath sits in a quiet cul-de-sac surrounded by woods.  Enjoy your morning coffee or evening beverage on the peaceful screened-in porch. The spacious Living Room features gas fireplace with custom oak mantle, large Kitchen with island & custom oak cabinets, Master Bedroom with vaulted ceiling, Master Bath with relaxing jetted garden tub & double sinks, expansive walk-in closets, Sprinkler, Alarm, Aerobic Septic. Small fenced area for pets. Easement on edge of property. Information provided by Seller & Listing Agent deemed reliable but should be verified by Buyers and Buyer's Agent.
Unit Size
2,522 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$169
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
2006

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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 #14755889)

Price History

Date / Event Date Event Price
Mar 28, 2022 Sold
Premium
Sold
Feb 8, 2022 Listed by Fathom Realty LLC $425,000
Listed by Fathom Realty LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,908
  • Total Building Area: 3,026
  • Gross Building Area: 3,026
  • Building Area: 2,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,522
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK
  • Land Acres: 0000001008
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SPRING CREEK, BLOCK 0001, LOT 19, ACRES 1.0080

Neighborhood

  • School District Name: Rains Independent School District
  • Census Tract: 950101

Geography

  • Account Number: 61000001001943
  • Parcel: R10165
  • Block: 1
  • Lot: 19
  • Municipality: EMORY
  • Latitude: 32.895
  • Longitude: -95.7584

    Address

  • Full Address: 280 Rs County Road 4263
  • Address - House Number: 280
  • Address - Street Name: Rs County Road 4263
  • State: TX
  • City Name: Emory
  • Carrier Code: R004
  • 4-Digit Zip Code: 3637
  • Zip Code: 75440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,363
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: ERC GRC SR

    Appraisal Valuation

  • Standard Deviation: 0.434
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 13
  • Final Value: 271,449
  • High Value: 389,266
  • Low Value: 153,631

    Market Valuation

  • Market Total Value: $297,682
  • Market Land Value: $22,176
  • Market Improvement Value: $275,506

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,682
  • Assessed Land Value: $22,176
  • Assessed Improvements Value: $275,506

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 955
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:

$329,950

Sale Price/ft²

$206

Below Asking

0.05%

Average Days on Market

99

Average Home Size

1919 ft²

Average Home Age

34.5 years

Currently For Sale

83 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 109 S Dunbar Lane, Emory, TX, 75440

$650 /mo

  • 1 Bed
  • 1 Bath
109 S Dunbar Lane, Emory, TX, 75440 Listing by Rick Rivera
Unit for rent at 389 S Texas Street, Emory, TX, 75440

$650 /mo

  • 1 Bed
  • 1 Bath
389 S Texas Street, Emory, TX, 75440 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Michael Phillips, Fathom Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14755889
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 280 Rs County Rd 4263 built and last sold?
The property at 280 Rs County Rd 4263 was built in 2006 and last sold on Jan 1, 1970 for $416,500.
How much is this home worth?
The estimated value of the home located at 280 Rs County Rd 4263 is $0.
What are some comparable homes to 280 Rs County Rd 4263?
There are currently no comparable homes to 280 Rs County Rd 4263.
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