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Van Zandt 75169
408 VZ County Road 3516
$235,000
● House - Off Market

408 VZ County Road 3516

Wills Point, TX 75169
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,717 Ft²
$240,425
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Country oasis on 5 acres! Oversized doublewide mobile home at the end of a quiet road has lots of trees for privacy and plenty of room for the horses. Inside the home is an open concept living room, island kitchen and separate dining area. Living room has vaulted ceilings and a wood burning fireplace. Generous sized master with en-suite bath has double sinks and a garden tub. 3 additional bedrooms so there's plenty of room for everyone. 16x20 storage building provides space for keeping equipment or a workshop.
Unit Size
1,717 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
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 #20073826)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by Regal, REALTORS $235,000
Listed by Regal, REALTORS

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002500
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: ACRES: 5.000 BLK: LOT: 5 ADDN: DAVIES CREST RANCH REAL PROP

Neighborhood

  • School District Name: Wills Point Independent School District
  • School Tax School District: WILLS POINT ISD
  • School Tax District Code 2: EM SRV DIST 4
  • Census Tract: 950500

Geography

  • Assessors Map Reference: MAP: 7B
  • Account Number: R000114236
  • Parcel: 086.5065.0000.0005.0001
  • Lot: 5
  • Latitude: 32.711
  • Longitude: -95.974

    Address

  • Full Address: 408 Vz County Road 3516
  • Address - House Number: 408
  • Address - Street Name: Vz County Road 3516
  • State: TX
  • City Name: Wills Point
  • Carrier Code: R005
  • 4-Digit Zip Code: 5303
  • Zip Code: 75169

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $88,560

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 171,038
  • High Value: 215,654
  • Low Value: 126,423

    Market Valuation

  • Market Total Value: $110,290
  • Market Land Value: $43,130
  • Market Improvement Value: $67,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,290
  • Assessed Land Value: $43,130
  • Assessed Improvements Value: $67,160
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 Van Zandt

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2156 ft²

Average Home Age

32.4 years

Currently For Sale

305 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 1909 Vz County Road 3502, Wills Point, TX, 75169

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
1909 Vz County Road 3502 #102, Wills Point, TX, 75169 Listing by Laurie Gandy

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Christopher Dai, Regal, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20073826
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 408 Vz County Rd 3516 built and last sold?
The property at 408 Vz County Rd 3516 was built in 2007 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 408 Vz County Rd 3516 is $0.
What are some comparable homes to 408 Vz County Rd 3516?
There are currently no comparable homes to 408 Vz County Rd 3516.
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