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Hunt 75135
4228 Destiny Drive
$425,000
● House - Off Market

4228 Destiny Drive

Caddo Mills, TX 75135
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,015 Ft²
$451,699
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

*MULTIPLE OFFERS. DEADLINE TO SUBMIT: SUNDAY NOV 7 @ 8PM.* Beautiful custom home on 1.5 acres in Caddo Mills ISD! Escape to the serenity of the country all while still being within commuting distance to Rockwall, Greenville or Dallas! Wonderful open floor plan featuring a kitchen with a granite island and farm sink overlooking the family room with a floor to ceiling stone fireplace. Just off the entry is a formal dining & flex space. Spacious master with ensuite bath including separate tub and shower, dual sinks w a makeup vanity and large walk-in closet. Secondary bedrooms share a bathroom. Back patio overlooks the huge backyard which backs to trees. This is the perfect place to create lasting memories.
Unit Size
2,015 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$203
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
2018

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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 #14703894)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Nov 4, 2021 Listed by Fleks Realty $410,000
Listed by Fleks Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,455
  • Gross Building Area: 2,455
  • Building Area: 2,015
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,015
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CADDO FORK ESTATES
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S2377 CADDO FORK ESTATES BLK A LOT 22 ACRES 1.5

Neighborhood

  • School District Name: Bland Independent School District
  • Census Tract: 961402

Geography

  • Parcel: 223941
  • Block: A
  • Lot: 22
  • Municipality: CADDO MILLS
  • Latitude: 33.0913
  • Longitude: -96.2486

    Address

  • Full Address: 4228 Destiny Dr
  • Address - House Number: 4228
  • Address - Street Name: Destiny
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Caddo Mills
  • Carrier Code: R005
  • 4-Digit Zip Code: 5819
  • Zip Code: 75135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,823
  • Tax Rate Code Area: SCM

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 479,320
  • High Value: 587,883
  • Low Value: 370,757

    Market Valuation

  • Market Total Value: $484,010
  • Market Land Value: $127,500
  • Market Improvement Value: $356,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,487

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-28046
  • Previous Sale Recording Date: Nov 19, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $251,200
  • 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 Hunt

Stats & Trends

Median Asking:

$289,000

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

83

Average Home Size

2012 ft²

Average Home Age

14.2 years

Currently For Sale

877 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: Kris Goggans, Fleks Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14703894
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4228 Destiny Drive built and last sold?
The property at 4228 Destiny Drive was built in 2018 and last sold on Dec 10, 2021 for $345,300.
How much is this home worth?
The estimated value of the home located at 4228 Destiny Drive is $0.
What are some comparable homes to 4228 Destiny Drive?
There are currently no comparable homes to 4228 Destiny Drive.
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