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Bosque 76665
391 PR 2120
$128,000
● House - Off Market

391 PR 2120

Meridian, TX 76665
bedrooms
Studio
bathrooms
0 Bath
$195,098
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

5 plus acres in the desired Crossbow Ranch and Wildlife Preserve.  This lot has FULL HUNTING RIGHTS on the ranch.  Great 1200 square foot barn with and a 600 square foot covered extension.  Both have full concrete floors.  Barn has a full size garage door with opener to store all your hunting gear and toys.  This lot also has water, electric and septic already installed saving you several thousand dollars and making it ready to go to build your dream home or weekend getaway.  

Crossbow Ranch has trophy whitetail, Axis, Black Buck, and Red Stag currently.  Fallow deer to be added this year as well.

Your HOA fee covers all ranch maintenance so that all you do is show up and enjoy your getaway.

Come see it!
Unit Size
-
Days on Market
-
Land Size
5.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$34
HOA Dues
$117
Year Built
2009

Payment Calculator

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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 #14120521)

Price History

Date / Event Date Event Price
Jan 21, 2020 Sold
Premium
Sold
Jun 20, 2019 Listed by Longmire Group $133,900
Listed by Longmire Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • 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: 7
  • Garage Square Area: 1,200
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 223,506
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000005131
  • Standard Land Use Code: 7000
  • County Land Use Code: D2
  • Legal Description 1: CROSSBOW RANCH & WILDLIFE PRESERVE PHASE I LOT 14

Neighborhood

  • School District Name: Meridian Independent School District
  • School Tax School District: MERIDIAN ISD
  • Census Tract: 950100

Geography

  • Parcel: R30369
  • Lot: 14
  • Municipality: MERIDIAN
  • Latitude: 31.9381
  • Longitude: -97.7325

    Address

  • Full Address: 391 Private Road 2120
  • Address - House Number: 391
  • Address - Street Name: Private Road 2120
  • State: TX
  • City Name: Meridian
  • Carrier Code: R002
  • 4-Digit Zip Code: 3104
  • Zip Code: 76665

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $52,665
  • Tax Rate Code Area: G01 SME H0

    Market Valuation

  • Market Total Value: $153,219
  • Market Land Value: $114,442
  • Market Improvement Value: $38,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,261
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 Bosque

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$176

Below Asking

0.04%

Average Days on Market

103

Average Home Size

1942 ft²

Average Home Age

42.7 years

Currently For Sale

120 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: Cody Longmire, Longmire Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14120521
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 391 Private Road 2120 built and last sold?
The property at 391 Private Road 2120 was built in 2009 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 391 Private Road 2120 is $135,239.
What are some comparable homes to 391 Private Road 2120?
There are currently no comparable homes to 391 Private Road 2120.
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