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Ponder 76259 Remington Park
501 Del Mar Drive
$200,000
● House - Off Market

501 Del Mar Drive

Ponder, TX 76259
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,543 Ft²
$276,983
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Great home on a corner lot in Remington Park subdivision. This 1543 square foot home features 3 bedrooms and two bathrooms. Open living room and kitchen providing room for entertaining. Backyard has a covered porch as well as an above ground pool. Walking distance to the park. Come enjoy country living in the small town of Ponder, TX!
Unit Size
1,543 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$133
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
2006

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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 #14387172)

Price History

Date / Event Date Event Price
Sep 21, 2020 Sold
Premium
Sold
Jul 14, 2020 Listed by KELLER WILLIAMS REALTY $204,900
Listed by KELLER WILLIAMS REALTY

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,362
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,543
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,543
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REMINGTON PARK PH 2
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: REMINGTON PARK PH 2 BLK 5 LOT 23

Neighborhood

  • School District Name: Ponder Independent School District
  • Census Tract: 020314

Geography

  • Assessors Map Reference: 522-T
  • Parcel: R261024
  • Block: 5
  • Lot: 23
  • Municipality: CITY OF PONDER
  • Latitude: 33.1773
  • Longitude: -97.281

    Address

  • Full Address: 501 Del Mar Dr
  • Address - House Number: 501
  • Address - Street Name: Del Mar
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Ponder
  • Carrier Code: R004
  • 4-Digit Zip Code: 8416
  • Zip Code: 76259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636,175
  • Tax Rate Code Area: S13

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 328,043
  • High Value: 397,714
  • Low Value: 258,372

    Market Valuation

  • Market Total Value: $303,405
  • Market Land Value: $57,065
  • Market Improvement Value: $246,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,405
  • Assessed Land Value: $57,065
  • Assessed Improvements Value: $246,340

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-149448
  • Previous Sale Recording Date: Apr 19, 2016
  • Previous Sale Contract Date: Apr 18, 2016
  • Previous Sale Amount: $146,600
  • Previous Sale Document Type: 70
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 Remington Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2562 ft²

Average Home Age

14 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 610 Lonestar Park Lane, Ponder, TX, 76259

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,772 ft²
610 Lonestar Park Lane, Ponder, TX, 76259 Listing by Liat Turkia
Unit for rent at 803 N Fm 156, Ponder, TX, 76259

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,350 ft²
803 N Fm 156, Ponder, TX, 76259 Listing by Melissa Stary

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Benjamin Clark, KELLER WILLIAMS REALTY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14387172
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 501 Del Mar Drive built and last sold?
The property at 501 Del Mar Drive was built in 2006 and last sold on Sep 21, 2020 for $237,500.
How much is this home worth?
The estimated value of the home located at 501 Del Mar Drive is $208,662.
What are some comparable homes to 501 Del Mar Drive?
There are currently no comparable homes to 501 Del Mar Drive.
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