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Pecan Acres 76071
379 County Road 4874
$318,000
● House - Off Market

379 County Road 4874

Newark, TX 76071
bedrooms
2 Beds
bathrooms
0 Bath
square feet
2,835 Ft²
$471,426
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Finally, a lake front home with privacy that even the pelicans, geese & waterfowl seem to agree as their favorite part of the lake. Less boat traffic with water depths plenty sufficient for boating, skiing, jet skiing & of course great fishing. This 2800 sq.ft. home has had an extensive remodel including rock and stone work you'd expect to see at the south end of the lake. Relax with a beverage at the swimming pool & drink in nature's outdoor aviary year round. Almost 1 acre lot, 2 workshop outbuildings, a comfortable guest house (425 add ft & bath), quiet street, 200 yards from 1 of 2 free public boat ramps on EML, 8-9 minutes to Hwy 287 & the lowest property tax rates on the entire lake, what's not to like!
Unit Size
2,835 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$120
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
-

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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 #13941560)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
Sep 26, 2018 Listed by Helen Painter Group, REALTORS $340,000
Listed by Helen Painter Group, REALTORS

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 528
  • Parking Space Count: 11
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 31,755
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,835
  • Building Area: 2,835
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,835
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWARK BEACH ESTATES
  • Land Acres: 0000000729
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LOT 10 BLK 5 NEWARK BEACH ESTATES

Neighborhood

  • School District Name: Northwest Independent School District
  • School Tax School District: NORTHWEST ISD
  • School Tax District Code 2: FM FLOOD-LATERA
  • School Tax District Code 3: WCID #1
  • Census Tract: 150603

Geography

  • Account Number: 000000795408
  • Parcel: R1970.0095.01
  • Block: 5
  • Lot: 10
  • Municipality: NEWARK
  • Latitude: 32.9999
  • Longitude: -97.5138

    Address

  • Full Address: 379 County Road 4874
  • Address - House Number: 379
  • Address - Street Name: County Road 4874
  • State: TX
  • City Name: Newark
  • Carrier Code: R021
  • 4-Digit Zip Code: 3715
  • Zip Code: 76071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $598,191
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: LTR,SNW,WC

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 475,653
  • High Value: 590,086
  • Low Value: 361,221

    Market Valuation

  • Market Total Value: $571,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,687

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202008598
  • Previous Sale Recording Date: Jul 13, 2015
  • Previous Sale Contract Date: Jan 21, 2015
  • Previous Sale Document Type: 68
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 Pecan Acres

Stats & Trends

Median Asking:

$764,893

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

81

Average Home Size

3485 ft²

Average Home Age

15.1 years

Currently For Sale

36 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

Rentals Near You

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NTREIS

Listed by: Robby Carson, Helen Painter Group, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 13941560
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 379 County Rd 4874 built and last sold?
The property at 379 County Rd 4874 was built in and last sold on Jul 2, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 379 County Rd 4874 is $0.
What are some comparable homes to 379 County Rd 4874?
There are currently no comparable homes to 379 County Rd 4874.
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