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Johnson 76009 Hidden Lakes Estates
3932 High Meadows Drive
$212,000
● House - Off Market

3932 High Meadows Drive

Alvarado, TX 76009
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,377 Ft²
$1,480
Est. Monthly
6.53%
Cap Rate

About This Property

Amazing opportunity to give this home your personal touch; with approximately 1.5 acres and a pond, this property is the perfect place to call HOME.
Unit Size
1,377 Ft²
Days on Market
-
Land Size
1.52 acres
Price per sqft
$158
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1983

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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: 2 years ago (NTREIS #20744792)

Price History

Date / Event Date Event Price
Nov 6, 2024 Sold
Premium
Sold
Oct 10, 2024 In contract -
In contract
Oct 3, 2024 Listed by City Group $217,000
Listed by City Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,211
  • Total Building Area: 1,377
  • Building Area: 1,377
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,377
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN LAKES ESTATES
  • Land Acres: 0000001520
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 39 HIDDEN LAKES ESTATES

Neighborhood

  • School District Name: Alvarado Independent School District
  • School Tax School District: ALVARADO ISD
  • Census Tract: 130416

Geography

  • Assessors Map Reference: 126.2370.00390
  • Account Number: R000024623
  • Parcel: 126-2370-00390
  • Lot: 39
  • Municipality: ALVARADO
  • Latitude: 32.4725
  • Longitude: -97.2183

    Address

  • Full Address: 3932 High Meadows Dr
  • Address - House Number: 3932
  • Address - Street Name: High Meadows
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Alvarado
  • Carrier Code: R010
  • 4-Digit Zip Code: 6560
  • Zip Code: 76009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,417
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2421
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 274,366
  • High Value: 340,794
  • Low Value: 207,939

    Market Valuation

  • Market Total Value: $173,220
  • Market Land Value: $63,840
  • Market Improvement Value: $109,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $173,220
  • Assessed Land Value: $63,840
  • Assessed Improvements Value: $109,380

    Sales

  • Current Sale Contract Date: Sep 09, 2014
  • Current Sale Recording Date: Oct 09, 2014
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 201400021844
  • Previous Sale Recording Date: Dec 10, 2009
  • Previous Sale Contract Date: Oct 30, 2009
  • Previous Sale Amount: $98,800
  • 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 Hidden Lakes Estates

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$182

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1663 ft²

Average Home Age

37 years

Currently For Sale

0 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: Alexander Disaggio, City Group
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20744792
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3932 High Meadows Drive built and last sold?
The property at 3932 High Meadows Drive was built in 1983 and last sold on Sep 9, 2014 for $0.
How much is this home worth?
The estimated value of the home located at 3932 High Meadows Drive is $0.
What are some comparable homes to 3932 High Meadows Drive?
There are currently no comparable homes to 3932 High Meadows Drive.
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