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Johnson 76084 Fielderdale Farms
3608 Reese Drive
$225,000
● House - Off Market

3608 Reese Drive

Venus, TX 76084
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,680 Ft²
$1,410
Est. Monthly
12.51%
Cap Rate

About This Property

Country Living for an affordable price! Sprawling 1-Acre Corner Lot! 4-Beds, 2-Baths, with an Open Floor Plan. The 4th bedroom off the entry way can be used as a bedroom or home office. No HOA!! Recently replaced flooring. HVAC Replaced in 2022.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$134
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1999

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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: 2 years ago (NTREIS #20874563)

Price History

Date / Event Date Event Price
Apr 25, 2025 Sold
Premium
Sold
Mar 25, 2025 In contract -
In contract
Mar 20, 2025 Listed by RE/MAX Associates of Mansfield $225,000
Listed by RE/MAX Associates of Mansfield

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDERDALE FARMS
  • Land Acres: 0000001070
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 24R1 FIELDERDALE FARMS S# 10700524A/B L# PFS0602116/7 ELECTED REAL

Neighborhood

  • School District Name: Venus Independent School District
  • School Tax School District: VENUS ISD
  • Census Tract: 130412

Geography

  • Assessors Map Reference: 126.4451.00240
  • Account Number: R000058980
  • Parcel: 126-4451-00240
  • Block: 1
  • Lot: 24
  • Municipality: VENUS
  • Latitude: 32.482
  • Longitude: -97.1171

    Address

  • Full Address: 3608 Reese Dr
  • Address - House Number: 3608
  • Address - Street Name: Reese
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Venus
  • Carrier Code: R003
  • 4-Digit Zip Code: 3591
  • Zip Code: 76084

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,531
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 248,706
  • High Value: 308,557
  • Low Value: 188,854

    Market Valuation

  • Market Total Value: $209,760
  • Market Land Value: $85,600
  • Market Improvement Value: $124,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $209,760
  • Assessed Land Value: $85,600
  • Assessed Improvements Value: $124,160

    Sales

  • Current Sale Contract Date: Jun 10, 2015
  • Current Sale Recording Date: Jun 12, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201500012609
  • Previous Sale Recording Date: Oct 20, 2005
  • Previous Sale Contract Date: Oct 13, 2005
  • Previous Sale Amount: $89,300
  • 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 Fielderdale Farms

Stats & Trends

Median Asking:

$519,945

Sale Price/ft²

$207

Below Asking

0.03%

Average Days on Market

79

Average Home Size

2128 ft²

Average Home Age

10 years

Currently For Sale

0 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 137 Sammy Fowler Avenue, Venus, TX, 76084

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,350 ft²
137 Sammy Fowler Avenue, Venus, TX, 76084 Listing by Kason Childress

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brandon Stewart, RE/MAX Associates of Mansfield
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20874563
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3608 Reese Drive built and last sold?
The property at 3608 Reese Drive was built in 1999 and last sold on Jun 10, 2015 for $39,015.
How much is this home worth?
The estimated value of the home located at 3608 Reese Drive is $227,250.
What are some comparable homes to 3608 Reese Drive?
There are currently no comparable homes to 3608 Reese Drive.
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