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Parker 76008
389 Scenic View Drive
$377,000
● House - Off Market

389 Scenic View Drive

Aledo, TX 76008
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,567 Ft²
$549,845
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Well-appointed 4 bed 3 bath home on a large 1.8 acre lot in the scenic Hills of Aledo neighborhood. Open floor plan with an impressive floor to ceiling stone fireplace, large windows, expansive kitchen with granite counters, stainless steel appliances and double oven. Split bedroom floor plan, spacious master bedroom, ensuite with dual sinks, separate shower and jetted tub. Two additional bedrooms downstairs with bathroom featuring an oversized tub shower combo. Upstairs you'll find a 4th bedroom, bathroom and second living room with a balcony overlooking the large fenced backyard. Large shed with electricity with so much storage. New roof in 2016, No HOA, No city taxes!
Unit Size
2,567 Ft²
Days on Market
-
Land Size
1.82 acres
Price per sqft
$146
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
2007

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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 #14139989)

Price History

Date / Event Date Event Price
Aug 23, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by Williams Trew Real Estate $375,000
Listed by Williams Trew Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 79,061
  • Total Building Area: 3,051
  • Gross Building Area: 3,051
  • Building Area: 2,567
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,567
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS OF ALEDO
  • Land Acres: 0000001815
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.815 LOT: 39 BLK: 2 SUBD: HILLS OF ALEDO

Neighborhood

  • School District Name: Aledo Independent School District
  • School Tax School District: ALEDO ISD
  • Census Tract: 140710

Geography

  • Assessors Map Reference: 546-N
  • Account Number: 1348200203900
  • Parcel: R000088997
  • Block: 2
  • Lot: 39
  • Municipality: ANNETTA
  • Latitude: 32.6686
  • Longitude: -97.6966

    Address

  • Full Address: 389 Scenic View Dr
  • Address - House Number: 389
  • Address - Street Name: Scenic View
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Aledo
  • Carrier Code: R013
  • 4-Digit Zip Code: 4911
  • Zip Code: 76008

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $969,936
  • Tax Rate Code Area: COL LTR

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 643,424
  • High Value: 786,629
  • Low Value: 500,219

    Market Valuation

  • Market Total Value: $541,570
  • Market Land Value: $100,000
  • Market Improvement Value: $441,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,570
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $441,570

    Sales

  • Current Sale Contract Date: Aug 23, 2019
  • Current Sale Recording Date: Aug 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201922143
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Contract Date: Dec 15, 2016
  • Previous Sale Amount: $325,300
  • 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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2502 ft²

Average Home Age

-

Currently For Sale

1181 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: Jennifer Holland, Williams Trew Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14139989
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 389 Scenic View Drive built and last sold?
The property at 389 Scenic View Drive was built in 2007 and last sold on Aug 23, 2019 for $283,800.
How much is this home worth?
The estimated value of the home located at 389 Scenic View Drive is $0.
What are some comparable homes to 389 Scenic View Drive?
There are currently no comparable homes to 389 Scenic View Drive.
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