$401,000
●
House -
Off Market
408 Quail Valley Road
Mount Vernon, TX 75457
4 Beds
2 Baths,
1
Half Bath
2,989 Ft²
$399,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Welcome to paradise in growing Mt. Vernon, Texas! Minutes away from
Lake Bob Sandlin and Little Cypress Springs! Nestled on over 12
acres of serene landscape, this exquisite 4-bedroom, 2.5-bathroom
home offers the perfect blend of privacy and convenience. Situated
at the end of a peaceful dead-end road, the approach to the
property is as enchanting as the home itself, with a beautifully
paved drive leading the way. Step inside and discover the
spaciousness of two living areas, ideal for creating distinct
spaces for relaxation and entertainment. Enjoy the beauty of nature
year-round in the expansive sunroom, a perfect spot for soaking in
the views of your vast property. Recent updates have breathed new
life into this home, including are vamped master bedroom and
bathroom. A new roof installed in May 2021, a hot water heater
replaced just last year, and afresh commode in the half bathroom
showcase the commitment to maintenance and comfort.
Unit Size
2,989 Ft²
Days on Market
-
Land Size
12.44 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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: 2 years ago (NTREIS #20410955)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | Price Decreased |
$399,000
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Sep 8, 2023 | Listed by Dwell Residential LLC | $449,000 | |
| Listed by Dwell Residential LLC | |||
| | |||
|
Welcome to paradise in growing Mt. Vernon, Texas! Minutes away from Lake Bob Sandlin and Little Cypress Springs! Nestled on over 12 acres of serene landscape, this exquisite 4-bedroom, 2.5-bathroom home offers the perfect blend of privacy and convenience. Situated at the end of a peaceful dead-end road, the approach to the property is as enchanting as the home itself, with a beautifully paved drive leading the way. Step inside and discover the spaciousness of two living areas, ideal for creating distinct spaces for relaxation and entertainment. Enjoy the beauty of nature year-round in the expansive sunroom, a perfect spot for soaking in the views of your vast property. Recent updates have breathed new life into this home, including are vamped master bedroom and bathroom. A new roof installed in May 2021, a hot water heater replaced just last year, and afresh commode in the half bathroom showcase the commitment to maintenance and comfort. The manager has listed the unit size as 2989 square feet.
| |||
| Aug 18, 2023 | Listed by Dwell Realty | $399,000 | |
| Listed by Dwell Realty | |||
| | |||
|
Welcome to paradise in growing Mt. Vernon, Texas! Minutes away from Lake Bob Sandlin and Little Cypress Springs! Nestled on over 12 acres of serene landscape, this exquisite 4-bedroom, 2.5-bathroom home offers the perfect blend of privacy and convenience. Situated at the end of a peaceful dead-end road, the approach to the property is as enchanting as the home itself, with a beautifully paved drive leading the way. Step inside and discover the spaciousness of two living areas, ideal for creating distinct spaces for relaxation and entertainment. Enjoy the beauty of nature year-round in the expansive sunroom, a perfect spot for soaking in the views of your vast property. Recent updates have breathed new life into this home, including are vamped master bedroom and bathroom. A new roof installed in May 2021, a hot water heater replaced just last year, and afresh commode in the half bathroom showcase the commitment to maintenance and comfort.
| |||
Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Franklin
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Listed by: Jacob Ashley, Dwell Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20410955
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20410955
Details provided by NTREIS and may not match the public record
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