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Hunt 75474
3071 Sandy Creek Road
$325,000
● House - Off Market

3071 Sandy Creek Road

Quinlan, TX 75474
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,840 Ft²
$393,796
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

MUST SEE!! Detailed, Cozy, Eye-catching remodeled home features 2 beds exercise room or office, 2 baths, substantial sized bedrooms, a sizeable walk-in closet, subway tile, ceramic tile, laminate hardwood floors, stainless steel appliances, decorative lighting, two AC units, and the list goes on. Outside you will find a new aerobic septic system, storage shed, 2 car covered carport, RV or boat parking, covered porch, and lighting system. This fabulous property has acreage situated on 3.83 acres of mature trees with an abundance of privacy and is still close to the city! Only 43 miles from Dallas.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
3.84 acres
Price per sqft
$190
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1979

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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 #14664278)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 3, 2021 Listed by Ultima Real Estate $349,900
Listed by Ultima Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 800
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 167,183
  • Total Building Area: 2,560
  • Gross Building Area: 2,560
  • Building Area: 2,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MERINGTON R N 1 & 2
  • Land Acres: 0000003838
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S4028 MERINGTON R N 1 & 2 BLK 1 LOT 6-7 ACRES 3.838

Neighborhood

  • School District Name: Quinlan Independent School District
  • Census Tract: 961502

Geography

  • Assessors Map Reference: 13-G
  • Parcel: 51095
  • Block: 1
  • Lot: 6-7
  • Municipality: QUINLAN
  • Latitude: 32.9448
  • Longitude: -96.2068

    Address

  • Full Address: 3071 Sandy Creek Rd
  • Address - House Number: 3071
  • Address - Street Name: Sandy Creek
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Quinlan
  • Carrier Code: R004
  • 4-Digit Zip Code: 3844
  • Zip Code: 75474

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $628,356
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SQL

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 394,410
  • High Value: 493,716
  • Low Value: 295,105

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $190,930
  • Market Improvement Value: $239,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,000
  • Assessed Land Value: $190,930
  • Assessed Improvements Value: $239,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-24217
  • Previous Sale Recording Date: Aug 02, 2019
  • Previous Sale Contract Date: Aug 02, 2019
  • Previous Sale Amount: $289,400
  • Previous Sale Document Type: 70
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 Hunt

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

82

Average Home Size

2002 ft²

Average Home Age

23.4 years

Currently For Sale

873 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: Sylvia Zurita, Ultima Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14664278
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3071 Sandy Creek Road built and last sold?
The property at 3071 Sandy Creek Road was built in 1979 and last sold on Oct 8, 2021 for $232,000.
How much is this home worth?
The estimated value of the home located at 3071 Sandy Creek Road is $0.
What are some comparable homes to 3071 Sandy Creek Road?
There are currently no comparable homes to 3071 Sandy Creek Road.
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