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Murphy 75094 Rolling Ridge Estates
406 Remington Drive
$532,500
● House - Off Market

406 Remington Drive

Murphy, TX 75094
bedrooms
5 Beds
bathrooms
0 Bath
square feet
4,616 Ft²
$831,210
RealtyHop Estimate
48.45%
Since Apr 1, 2020
TX-Dallas
Primary Model

About This Property

Stunning Shaddock Custom with Port Cochere in popular Rolling Ridge Estates.  Elegant chandeliers at foyer entrance, impressive handscraped hardwood flooring, sweeping staircase, 4 living areas, office with French doors, media room, game room with wet bar, plantation shutters, covered patio, large balcony overlooks backyard.  Open kitchen with pedestal island, granite c-tops, gas cooktop, SS appliances & many built-ins.  Large master suite with built-in shelves, oversized closet, big jetted tub.  In December fresh paint inside & out, new carpet including in media room, cabinets refinished. Very short walk to Hunt Elementary.  First buyer spents 14 days in option period. Now backup buyer is in place.
Unit Size
4,616 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$121
Property Type
House
Property Taxes
$934
HOA Dues
$42
Year Built
2005

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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 #14260889)

Price History

Date / Event Date Event Price
Mar 20, 2020 Sold
Premium
Sold
Jan 15, 2020 Listed by Berkshire Hathaway Home Servic $559,920
Listed by Berkshire Hathaway Home Servic
Oct 31, 2018 No longer available -
No longer available
Aug 25, 2018 Listed $539,900
Listed
STUNNING SHADDOCK CUSTOM HOME WITH PORTE COCHERE IN POPULAR ROLLING RIDGE ESTATES. Elegant chandeliers at foyer entrance, impressive handscraped hardwood flooring, sweeping staircase, 4 living areas, office with French doors, media room, game room with wet bar, plantation shutters, covered patio and large balcony overlooks big backyard. Open kitchen with a pedestal island, granite c-tops, gas cooktop, SS appliances and many built-ins. Large master suite with built-in shelves, oversized closet, big jetted tub. Walk to Hunt Elementary & Liberty Ridge Park. The manager has listed the unit size as 4616 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 719
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,852
  • Total Building Area: 5,334
  • Gross Building Area: 5,588
  • Building Area: 4,615
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,615
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING RIDGE ESTATES PHASE 4 (CMR)
  • Land Acres: 0000000272
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ROLLING RIDGE ESTATES PHASE 4 (CMR), BLK S, LOT 22

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 031326

Geography

  • Assessors Map Reference: 639-K
  • District: CMR
  • Parcel: R-8888-00S-0220-1
  • Block: S
  • Lot: 22
  • Municipality: MURPHY CITY
  • Latitude: 33.038
  • Longitude: -96.6204

    Address

  • Full Address: 406 Remington Dr
  • Address - House Number: 406
  • Address - Street Name: Remington
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Murphy
  • Carrier Code: R095
  • 4-Digit Zip Code: 4171
  • Zip Code: 75094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,238,164
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 900,027
  • High Value: 1,094,608
  • Low Value: 705,445

    Market Valuation

  • Market Total Value: $814,858
  • Market Land Value: $190,000
  • Market Improvement Value: $624,858

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $721,348
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $624,858

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: Mar 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20200324000422420
  • Previous Sale Recording Date: Mar 24, 2020
  • Previous Sale Contract Date: Mar 20, 2020
  • Previous Sale Amount: $599,100
  • 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 Rolling Ridge Estates

Stats & Trends

Median Asking:

$959,000

Sale Price/ft²

$210

Below Asking

0.03%

Average Days on Market

74

Average Home Size

4463 ft²

Average Home Age

18.8 years

Currently For Sale

9 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

Unit for rent at 822 Shadybrook Drive, Murphy, TX, 75094

$3,700 /mo

  • 5 Beds
  • 4 Baths
  • 3,738 ft²
822 Shadybrook Drive, Murphy, TX, 75094 Listing by Matthew Albright

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ruth Dower, Berkshire Hathaway Home Servic
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14260889
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 406 Remington Drive built and last sold?
The property at 406 Remington Drive was built in 2005 and last sold on Mar 18, 2020 for $599,100.
How much is this home worth?
The estimated value of the home located at 406 Remington Drive is $0.
What are some comparable homes to 406 Remington Drive?
There are currently no comparable homes to 406 Remington Drive.
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