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Cherokee 75925
341 County Road 2503
$399,000
● House - Off Market

341 County Road 2503

Alto, TX 75925
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,920 Ft²
$528,873
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

The perfect farmhouse is waiting for you! Freshly painted inside and out. 3 bedroom, 2 bath, 1920 sq ft. Open concept with huge kitchen. Granite countertops, wood floors, large bedrooms. Main bath has jetted tub, double sinks and walk in shower. Barn is 720 sq ft metal building with full bathroom. Second home on property, 1671 sq ft - needs work but has a beautiful view and sits on a hill. 2 fenced pins for animals behind home. Spring fed pond. Live creek runs through property - Larrison Creek. Great hunting: deer, pigs and dove. Hay field. Ag exempt. Make this dream property your home - call today!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
48.52 acres
Price per sqft
$208
Property Type
House
Property Taxes
$4
HOA Dues
-
Year Built
2003

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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 #14455031)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 16, 2020 Listed by Leslie Cain Realty $399,000
Listed by Leslie Cain Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 12
  • 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: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,045,578
  • Total Building Area: 4,311
  • Gross Building Area: 7,859
  • Building Area: 4,311
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,311
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J M MORA SURVEY A-36
  • Land Acres: 0000046960
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: A 36 BLK 329 TR 2, 5, 5A J M MORA M14

Neighborhood

  • School District Name: Alto Independent School District
  • Census Tract: 951000

Geography

  • Account Number: 000036-03290-0005A00
  • Subdivision Tract Number: 2
  • Parcel: 94838
  • Block: 329
  • Municipality: ALTO
  • Latitude: 31.6914
  • Longitude: -95.055

    Address

  • Full Address: 341 County Road 2503
  • Address - House Number: 341
  • Address - Street Name: County Road 2503
  • State: TX
  • City Name: Alto
  • Carrier Code: R001
  • 4-Digit Zip Code: 2931
  • Zip Code: 75925

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,266
  • Tax Rate Code Area: 21 37 LR

    Appraisal Valuation

  • Standard Deviation: 0.2739
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 605,646
  • High Value: 771,574
  • Low Value: 439,717

    Market Valuation

  • Market Total Value: $443,330
  • Market Land Value: $206,870
  • Market Improvement Value: $236,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,330
  • Assessed Land Value: $206,870
  • Assessed Improvements Value: $236,460

    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 Cherokee

Stats & Trends

Median Asking:

$462,000

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2389 ft²

Average Home Age

-

Currently For Sale

71 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Gena Johnson, Leslie Cain Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14455031
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 341 County Rd 2503 built and last sold?
The property at 341 County Rd 2503 was built in 2003 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 341 County Rd 2503 is $0.
What are some comparable homes to 341 County Rd 2503?
There are currently no comparable homes to 341 County Rd 2503.
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