$300,000
●
Mobile Manufactured -
Off Market
500 Grindstone Road
Brock, TX 76087
3 Beds
0 Bath
1,860 Ft²
$281,348
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
MULTIPLE OFFERS - please submit offers by 12:00pm, Monday, April
25. Great opportunity to own a small piece of Brock America under
300k! Beautiful one acre lot and unique home close to the schools
and no restrictions. Private house is a converted mobile home with
added living space making a cozy living space. Large entry can be
used as a mud room or office. Spacious living area open to kitchen
and dining. Gas cooktop and breakfast bar in kitchen. Oversized
utility room could double as game room or used for crafts and
hobbies. The three spacious bedrooms have new carpet and plenty of
closet space. Master bathroom has walk-in shower and lots of
cabinet space. Enjoy the peaceful outdoors with a covered living
area and open patio with fire pit. Covered RV storage with electric
connection. 2 car-garage and storage shed provide plenty of room
for all those outdoor toys! Must see this property to appreciate!
Showings begin Saturday, April 16.
Unit Size
1,860 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$148
Property Type
Mobile Manufactured
Property Taxes
$202
HOA Dues
-
Year Built
2010
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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 #20026295)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2022 | No longer available | - | |
| No longer available | |||
| Aug 27, 2022 | Price Decreased |
$275,000
↓ $32K
(10.4%) | |
| Price Decreased | |||
| Aug 18, 2022 | Listed by EQUISTAR PROPERTIES | $307,000 | |
| Listed by EQUISTAR PROPERTIES | |||
| | |||
|
1.10 acres in Brock ISD. This property has a lot to offer. Close to schools. The home is a converted mobile home with added living spaces. Large entry can be used as sun rm. office or mud rm. Spacious living area open to kitchen & dining. Gas cooktop with oven and breakfast bar. large Utility rm. game rm. craft room. your choice. Large bedrooms with new carpet. Master has walkin closet and ensuite bathroom. Outside there is a covered Gazebo, open patio with fire pit, storgage building 16x12 with wood floor, and chicken coop. Covered parking 36x22 for RV, boat or ?. The home is secluded by surrounding trees on 3 sides and beautiful open pasture on the 4th side. Refrigerator in home and garage and washer dryer are included.
| |||
| Jul 5, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Keller Williams Realty FtWorth | $275,000 | |
| Listed by Keller Williams Realty FtWorth | |||
Property Highlights
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Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Parker
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Listed by: Amy Moody, Keller Williams Realty FtWorth
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20026295
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20026295
Details provided by NTREIS and may not match the public record
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