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Houston 75844
483 County Road 1850
$225,000 Last Listed Price
● House - Off Market

483 County Road 1850

Grapeland, TX 75844
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,392 Ft²
$1,258
Est. Monthly

About This Property

3/2 BRICK HOME BUILT IN THE 80'S. VERY WELL MAINTANED AND IDEAL FOR MOVE-IN READY THIS HOME IS LOCATED ON TWO PLUS OR MINUS ACRES. SEVERAL OUT BUILDINGS FOR STORAGE, AND THE YARDS FRONT AND BACK COMPLETELY FENCED FOR PETS OR CHILDREN. HOME FEATURES LARGE FAMILY ROOM OFF OF KITCHEN WITH OPEN COUNTERS FOR EAT IN KITCHEN. BREAKFAST/DINING AREA ADJACENT TO THE KITCHEN. ONE CAR ATTACHED GARAGE, WITH ADDITIONAL STORAGE BUIDLING WITH SPACE FOR VEHICLES, BOATS ETC. ONLY MINUTES FROM DOWNTOWN GRAPELAND, SCHOOLS, CHURCHES, SHOPPING.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$162
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
1980

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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: 4 months ago (HAR #77422978)

Price History

Date / Event Date Event Price
Jul 10, 2024 Sold
Premium
Sold
May 26, 2024 In contract -
In contract
Apr 18, 2024 Relisted $225,000
Relisted
Apr 16, 2024 In contract -
In contract
Oct 19, 2023 Listed by Sonny Tunstall Real Estate $225,000
Listed by Sonny Tunstall Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Garage Square Area: 435
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,641
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,483
  • Gross Building Area: 3,483
  • Building Area: 3,483
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J ELLISON
  • Land Acres: 0000001461
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: J ELLISON AB 367 1.461 AC

Neighborhood

  • School District Name: Grapeland Independent School District
  • Census Tract: 950102

Geography

  • Account Number: 1213
  • Parcel: 003670003000000000061
  • Municipality: GRAPELAND
  • Latitude: 31.4874
  • Longitude: -95.4597

    Address

  • Full Address: 483 County Road 1850
  • Address - House Number: 483
  • Address - Street Name: County Road 1850
  • State: TX
  • City Name: Grapeland
  • Carrier Code: R002
  • 4-Digit Zip Code: 7404
  • Zip Code: 75844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $169,153
  • Tax Rate Code Area: 30 65 66

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 230,052
  • High Value: 276,900
  • Low Value: 183,204

    Market Valuation

  • Market Total Value: $119,260
  • Market Land Value: $19,720
  • Market Improvement Value: $99,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,260
  • Assessed Land Value: $19,720
  • Assessed Improvements Value: $99,540
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 Houston

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

101

Average Home Size

1822 ft²

Average Home Age

50.8 years

Currently For Sale

142 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

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HAR

Listed by: Sonny Tunstall, Sonny Tunstall Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 77422978
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 483 County Rd 1850 built and last sold?
The property at 483 County Rd 1850 was built in 1980 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 483 County Rd 1850 is $225,860.
What are some comparable homes to 483 County Rd 1850?
There are currently no comparable homes to 483 County Rd 1850.
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