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Lampasas 76550
3642 County Road 1020
$500,000
● House - Off Market

3642 County Road 1020

Lampasas, TX 76550
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,946 Ft²
$539,780
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Location Location....This 3BR-2BA home sits in a park like setting of 5 acres in the Neil Brown addition. Beautiful trees, wet weather creek and fully fenced are just a few things that make this place special. Inside you'll find split floor plan with Huge Master Bedroom and Bath, Both baths have cultured marble counters. Formal Dining, as well as a breakfast nook that looks out to the beautiful back yard. Large Wood-burning fireplace, and side entry double garage. Call today for your private showing.
Unit Size
1,946 Ft²
Days on Market
-
Land Size
5.17 acres
Price per sqft
$267
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1994

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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 #20111793)

Price History

Date / Event Date Event Price
Sep 7, 2022 No longer available -
No longer available
Sep 3, 2022 Sold
Premium
Sold
Aug 16, 2022 In contract -
In contract
Jul 19, 2022 No longer available -
No longer available
Jul 11, 2022 Listed by BEAR REAL ESTATE SERVICES $519,000
Listed by BEAR REAL ESTATE SERVICES

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 225,205
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,796
  • Gross Building Area: 2,796
  • Building Area: 2,796
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005170
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: ACR: 5.17 (TRACT 10) ADDN: NIEL BROWN (UNREC ABST: 0321 SURV: LUCIEN HOPSON LOCCD:108

Neighborhood

  • School District Name: Lampasas Independent School District
  • Census Tract: 950302

Geography

  • Account Number: 20321-010-000-12
  • Subdivision Tract Number: 10
  • Parcel: 10251
  • Municipality: LAMPASAS
  • Latitude: 31.0552
  • Longitude: -98.2285

    Address

  • Full Address: 3642 County Road 1020
  • Address - House Number: 3642
  • Address - Street Name: County Road 1020
  • State: TX
  • City Name: Lampasas
  • Carrier Code: R006
  • 4-Digit Zip Code: 3479
  • Zip Code: 76550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $195,550
  • Tax Rate Code Area: LAM R&B SL

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 70
  • Final Value: 410,642
  • High Value: 498,365
  • Low Value: 322,919

    Market Valuation

  • Market Total Value: $238,530
  • Market Land Value: $90,480
  • Market Improvement Value: $148,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,530
  • Assessed Land Value: $90,480
  • Assessed Improvements Value: $148,050

    Sales

  • Current Sale Contract Date: Sep 02, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 193949
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 Lampasas

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$186

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1697 ft²

Average Home Age

36.7 years

Currently For Sale

101 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: Audrey Bear, BEAR REAL ESTATE SERVICES
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20111793
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3642 County Rd 1020 built and last sold?
The property at 3642 County Rd 1020 was built in 1994 and last sold on Sep 2, 2022 for $507,640.
How much is this home worth?
The estimated value of the home located at 3642 County Rd 1020 is $0.
What are some comparable homes to 3642 County Rd 1020?
There are currently no comparable homes to 3642 County Rd 1020.
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