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Eastland 76448
302 County Road 565
$345,000
● House - Off Market

302 County Road 565

Eastland, TX 76448
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,166 Ft²
$1,992
Est. Monthly
7.04%
Cap Rate

About This Property

BACK ON THE MARKET DUE TO NO FAULT OF OWN!! Embrace the allure of lakeside living in this captivating 4-bedroom, 2-story sanctuary nestled on a lush large parcel. A picturesque escape, this residence captivates with its panoramic views of serene waters from every angle. Inside features 3 upstairs bedrooms with a sitting area overlooking the lake. Down stairs sit at your dining room table and be captivated by the outside views.  Lots of counter space in the kitchen for cooking and entertaining. The flow of this traditional lake home is perfect for vacationing and entertaining guests.
Unit Size
2,166 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$173
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1950

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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 #20479078)

Price History

Date / Event Date Event Price
Apr 22, 2024 Sold
Premium
Sold
Nov 28, 2023 Listed by Ebby Halliday Realtors $374,900
Listed by Ebby Halliday Realtors

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,004
  • Gross Building Area: 4,004
  • Building Area: 4,004
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEIR PARK
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: 19C BLK 1 WEIR PARK AB 545

Neighborhood

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

Geography

  • Account Number: 005450636000000000000
  • Parcel: 9460
  • Block: 1
  • Lot: 19C
  • Municipality: EASTLAND
  • Latitude: 32.3612
  • Longitude: -98.6835

    Address

  • Full Address: 302 County Road 565
  • Address - House Number: 302
  • Address - Street Name: County Road 565
  • State: TX
  • City Name: Eastland
  • Carrier Code: R002
  • 4-Digit Zip Code: 6713
  • Zip Code: 76448

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $181,164
  • Tax Rate Code Area: 32 67 80

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 450,375
  • High Value: 524,656
  • Low Value: 376,094

    Market Valuation

  • Market Total Value: $140,050
  • Market Land Value: $25,000
  • Market Improvement Value: $115,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,050
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $115,050

    Exemptions

  • Homeowner Exemption: Yes
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 Eastland

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$121

Below Asking

0.04%

Average Days on Market

75

Average Home Size

1809 ft²

Average Home Age

64.7 years

Currently For Sale

94 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

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NTREIS

Listed by: Brittany Elkins, Ebby Halliday Realtors
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20479078
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 302 County Rd 565 built and last sold?
The property at 302 County Rd 565 was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 302 County Rd 565 is $374,958.
What are some comparable homes to 302 County Rd 565?
There are currently no comparable homes to 302 County Rd 565.
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