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Palo Pinto 76450
4823 Green Acres Road
$375,000
● Mobile Manufactured - Off Market

4823 Green Acres Road

Possum Kingdom Lake, TX 76450
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$506,796
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

PERFECT PK LAKE WATERFRONT ESCAPE or VRBO Rental with Dock on the Westside of PK. Conveniently located just across from Possum and Fox Hollow for dining and lake fun, plus a short 15 min drive in to the charming town of Graham for shopping and dining, and only a 5 minute boat ride to the Peninsula on the Eastside of PK. This 3 Bed, 1.5 Bath, light, bright Single Wide with Huge Enclosed Porch for extra guests, also has an Aluminum Wahoo Dock built in 2011 with a Single Slip Boat Lift and Jet Ski Floating Dock, plus a big shaded grassy backyard on the water for room to relax, entertain, and watch the beautiful PK Sunsets, and ample parking in the front of the property for guests and all your lake toys as well.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$308
Property Type
Mobile Manufactured
Property Taxes
$293
HOA Dues
-
Year Built
1983

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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 #14428878)

Price History

Date / Event Date Event Price
Oct 21, 2020 Sold
Premium
Sold
Sep 11, 2020 Listed by Possum Kingdom Real Estate $379,000
Listed by Possum Kingdom Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: 3
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,428
  • Lot Size Frontage Feet: 0
  • Total Building Area: 784
  • Gross Building Area: 784
  • Building Area: 784
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PK LAKE 24-2-49 AREA 6-K
  • Land Acres: 0000000446
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: PK LAKE 24-2-49 AREA 6-K LOT 7 (FEE SIMPLE .351 AC & FERC .095 AC) TEX0282011 G#P0500-00-060K0-007-00-0 DOCK#7391/Y MPHMAKE:

Neighborhood

  • School District Name: Graford Independent School District
  • School Tax School District: GRI HPD ESD1
  • Census Tract: 950600

Geography

  • Account Number: R000023083
  • Subdivision Tract Number: 6-K
  • Parcel: 190270000
  • Lot: 7
  • Municipality: GRAHAM
  • Latitude: 32.8948
  • Longitude: -98.5424

    Address

  • Full Address: 4823 Green Acres Rd
  • Address - House Number: 4823
  • Address - Street Name: Green Acres
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Graham
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $527,862
  • Tax Rate Code Area: CAD 182 GR

    Appraisal Valuation

  • Standard Deviation: 0.274
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 579,751
  • High Value: 738,624
  • Low Value: 420,877

    Market Valuation

  • Market Total Value: $357,670
  • Market Land Value: $155,420
  • Market Improvement Value: $202,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,670
  • Assessed Land Value: $155,420
  • Assessed Improvements Value: $202,250

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-00006089
  • Previous Sale Recording Date: Oct 02, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • 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 Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

86

Average Home Size

2249 ft²

Average Home Age

-

Currently For Sale

279 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

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NTREIS

Listed by: Maggie Burgess, Possum Kingdom Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14428878
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4823 Green Acres Road built and last sold?
The property at 4823 Green Acres Road was built in 1983 and last sold on Oct 21, 2020 for $281,300.
How much is this home worth?
The estimated value of the home located at 4823 Green Acres Road is $0.
What are some comparable homes to 4823 Green Acres Road?
There are currently no comparable homes to 4823 Green Acres Road.
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