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Fannin 75418
3839 County Road 2615
$192,000
● Mobile Manufactured - Off Market

3839 County Road 2615

Bonham, TX 75418
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,440 Ft²
$212,071
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Nice home on 1 acre in the quiet country! Enjoy the sunsets, while relaxing on the large covered deck. Home offers split bedrooms, large open floor plan, and office area with built in desk. Also, the 34x22 shop with concrete floor and electric is perfect for all your hobbies! Attached to shop is the 22x19 carport.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$139
Property Type
Mobile Manufactured
Property Taxes
$147
HOA Dues
-
Year Built
2011

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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 #20172302)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Sep 25, 2022 Listed by KELLER WILLIAMS REALTY $199,900
Listed by KELLER WILLIAMS REALTY

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,138
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S HAWES SURVEY ABSTRACT NO 481
  • Land Acres: 0000001151
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: A0481 S HAWES, ACRES 1.151, TODD LABEL# NTA1549893

Neighborhood

  • School District Name: Sam Rayburn Independent School District
  • Census Tract: 950800

Geography

  • Account Number: 0481-011-0010-03
  • Parcel: 119350
  • Municipality: BONHAM
  • Latitude: 33.6749
  • Longitude: -96.1004

    Address

  • Full Address: 3839 County Road 2615
  • Address - House Number: 3839
  • Address - Street Name: County Road 2615
  • State: TX
  • City Name: Bonham
  • Carrier Code: R004
  • 4-Digit Zip Code: 7220
  • Zip Code: 75418

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $246,467
  • Tax Rate Code Area: GFA SSR

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 196,929
  • High Value: 250,370
  • Low Value: 143,489

    Market Valuation

  • Market Total Value: $196,900
  • Market Land Value: $90,210
  • Market Improvement Value: $106,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,900
  • Assessed Land Value: $90,210
  • Assessed Improvements Value: $106,690

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9387
  • Previous Sale Recording Date: Sep 29, 2016
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $61,900
  • 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 Fannin

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$180

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1909 ft²

Average Home Age

37.2 years

Currently For Sale

293 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: WAYLA LYLES, KELLER WILLIAMS REALTY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20172302
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3839 County Rd 2615 built and last sold?
The property at 3839 County Rd 2615 was built in 2011 and last sold on Dec 9, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 3839 County Rd 2615 is $205,246.
What are some comparable homes to 3839 County Rd 2615?
There are currently no comparable homes to 3839 County Rd 2615.
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