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Western Lake 76087
440 Sumac Trail
$48,000
● Mobile Manufactured - Off Market

440 Sumac Trail

Weatherford, TX 76087
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,216 Ft²
$66,142
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Investor Special, 3 BR 2 BA home on nice private lot that needs TLC. Perfect property for investor looking for affordable rental, someone who is handy and can invest sweat equity that is looking for a place in the country.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$41
Property Type
Mobile Manufactured
Property Taxes
$17
HOA Dues
-
Year Built
1994

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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 #14459988)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Oct 25, 2020 Listed by 4D Real Estate Group $49,900
Listed by 4D Real Estate Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • 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 Count: 100
  • 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: 40,292
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTERN LAKE ESTATES B
  • Land Acres: 0000000925
  • Standard Land Use Code: 1006
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Mobile Home Indicator: T
  • Legal Description 1: LOT: PT 6 & 7 BLK: 22 SUBD: WESTERN LAKE ESTATES B LABEL: TEX0514595 MAKE: REDMAN SERIAL: 12522073 MODEL: TRINITY MODEL: 16X76 YR: 1994, REAL PROP

Neighborhood

  • School District Name: Weatherford Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140603

Geography

  • Assessors Map Reference: 566-L
  • Parcel: R000032029
  • Block: 22
  • Lot: 6&7
  • Municipality: WEATHERFORD
  • Latitude: 32.6243
  • Longitude: -97.8188

    Address

  • Full Address: 440 Sumac Trl
  • Address - House Number: 440
  • Address - Street Name: Sumac
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Weatherford
  • Carrier Code: R009
  • 4-Digit Zip Code: 8281
  • Zip Code: 76087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $178,103
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: LTR WE

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 182,491
  • High Value: 230,532
  • Low Value: 134,450

    Market Valuation

  • Market Total Value: $110,490
  • Market Land Value: $70,000
  • Market Improvement Value: $40,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,490
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $40,490

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Oct 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 22
  • Current Sale Input Document Number: 37808
  • Previous Sale Recording Date: Nov 19, 2020
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Document Type: 71
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 Western Lake

Stats & Trends

Median Asking:

$217,500

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2413 ft²

Average Home Age

13.8 years

Currently For Sale

5 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 201 Lakeview Trail, Weatherford, TX, 76087

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,120 ft²
201 Lakeview Trail, Weatherford, TX, 76087 Listing by Gloria Gonzalez
Unit for rent at 202 Tumbleweed Drive, Weatherford, TX, 76087

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,680 ft²
202 Tumbleweed Drive, Weatherford, TX, 76087 Listing by Gloria Gonzalez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ross Dillingham, 4D Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14459988
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 440 Sumac Trail built and last sold?
The property at 440 Sumac Trail was built in 1994 and last sold on Mar 11, 2021 for $109,900.
How much is this home worth?
The estimated value of the home located at 440 Sumac Trail is $0.
What are some comparable homes to 440 Sumac Trail?
There are currently no comparable homes to 440 Sumac Trail.
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