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Lamar 75462
312 Timber Brook Drive
$250,000
● House - Off Market

312 Timber Brook Drive

Reno, TX 75462
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,994 Ft²
$291,833
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Check out this property in Reno Texas! Located in the established Pine Valley subdivision, this home is in the perfect location close to all shopping and eateries! This well maintained property has three bedrooms and two & a half baths with an extra space that can be utilized as an office, guest space, or an exercise room! The large living room has tall ceilings and a fireplace, and is open to the dining room which makes this a perfect place for entertaining family or friends. Enjoy cooking in the kitchen with stainless appliances and tile counters, while still being connected to your family or guests with the kitchens pass through window. Priced to sell, this house will not be on the market long!
Unit Size
1,994 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$128
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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: 4 months ago (NTREIS #14607843)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by United Country Altaterra Realt $255,000
Listed by United Country Altaterra Realt
Check out this property in Reno Texas! Located in the established Pine Valley subdivision, this home is in the perfect location close to all shopping and eateries! This well maintained property has three bedrooms and two & a half baths with an extra space that can be utilized as an office, guest space, or an exercise room! The large living room has tall ceilings and a fireplace, and is open to the dining room which makes this a perfect place for entertaining family or friends. Enjoy cooking in the kitchen with stainless appliances and tile counters, while still being connected to your family or guests with the kitchens pass through window. Priced to sell, this house will not be on the market long!

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 16
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,337
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,994
  • Building Area: 1,994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,994
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE VALLEY
  • Land Acres: 0000000054
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: PINE VALLEY, LOT 66

Neighborhood

  • School District Name: North Lamar Independent School District
  • School Tax School District: CITY OF RENO
  • School Tax District Code 2: LAMAR COUNTY
  • School Tax District Code 3: PJC
  • Census Tract: 000402

Geography

  • Subdivision Tract Number: 66
  • Parcel: 106163
  • Lot: 66
  • Municipality: RENO
  • Latitude: 33.6647
  • Longitude: -95.4882

    Address

  • Full Address: 312 Timber Brook Dr
  • Address - House Number: 312
  • Address - Street Name: Timber Brook
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Reno
  • Carrier Code: R014
  • 4-Digit Zip Code: 5852
  • Zip Code: 75462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,273
  • Tax Rate Code Area: CRE GLA JC

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 12
  • Final Value: 177,084
  • High Value: 254,920
  • Low Value: 99,247

    Market Valuation

  • Market Total Value: $261,450
  • Market Land Value: $30,290
  • Market Improvement Value: $231,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,450
  • Assessed Land Value: $30,290
  • Assessed Improvements Value: $231,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 185550-2021
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Aug 10, 2017
  • Previous Sale Document Type: 71
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 Lamar

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$128

Below Asking

0.04%

Average Days on Market

87

Average Home Size

2054 ft²

Average Home Age

-

Currently For Sale

247 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 4115 Holbrook Street, Paris, TX, 75462

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,782 ft²
4115 Holbrook Street, Paris, TX, 75462 Listing by Savannah Bratton-Goss

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: J.W. Ross, United Country Altaterra Realt
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 14607843
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 312 Timberbrook built and last sold?
The property at 312 Timberbrook was built in 1996 and last sold on Aug 27, 2021 for $248,800.
How much is this home worth?
The estimated value of the home located at 312 Timberbrook is $258,353.
What are some comparable homes to 312 Timberbrook?
There are currently no comparable homes to 312 Timberbrook.
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