$280,000
●
Land -
Off Market
499 County Road 4581
Boyd, TX 76023
Studio
0 Bath
$352,661
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
COUNTRY LIVING ON A CORNER LOT! Come claim your slice of tranquil
Texas country living and build your dream home on this spacious
almost 4 acre lot nestled on a quiet paved county road! Huge 44' x
46' metal shop with electric including 220 plus stub out for sewer
is ready for your project cars or could even be finished out for a
barn-dominium! No restrictions so bring your livestock! Seasonal
creek at the back of the property and several mature trees add to
the serene ambiance of this land with wildlife like deer and turkey
that visit the property! Conveniently located with a quick commute
to hwy 114! Water available at the street but is not on site.
Sought after Boyd ISD! Don't wait - call today!
Unit Size
-
Days on Market
-
Land Size
3.88 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1988
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 5 months ago (NTREIS #14506320)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Alliance Properties | $419,000 | |
| Listed by Alliance Properties | |||
| | |||
|
COUNTRY LIVING ON A CORNER LOT! Come claim your slice of tranquil Texas country living & build your dream home on this almost 4 acre lot nestled on a quiet paved county road! Huge 44'x46' metal shop with electric including 200 amp service is ready for your toys or could even be finished out for a barn-dominium! No restrictions & already fully fenced & cross fenced so bring your livestock! BRAND NEW 25'x32' barn for animals & equipment! 80x80' pad already done & ready for your new house! Water, internet & propane already on site! Seasonal creek at the back of the property and several mature trees add to the serene ambiance of this land! Sought after Boyd ISD! Conveniently located with a quick commute to hwy 114!
| |||
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Jan 25, 2021 | Listed by Alliance Properties | $290,000 | |
| Listed by Alliance Properties | |||
| | |||
|
COUNTRY LIVING ON A CORNER LOT! Come claim your slice of tranquil Texas country living and build your dream home on this spacious almost 4 acre lot nestled on a quiet paved county road! Huge 44' x 46' metal shop with electric including 220 plus stub out for sewer is ready for your project cars or could even be finished out for a barn-dominium! No restrictions so bring your livestock! Seasonal creek at the back of the property and several mature trees add to the serene ambiance of this land with wildlife like deer and turkey that visit the property! Conveniently located with a quick commute to hwy 114! Water available at the street but is not on site. Sought after Boyd ISD! Don't wait - call today!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Wise
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Listed by: Brandi Allison, Alliance Properties
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14506320
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14506320
Details provided by NTREIS and may not match the public record
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