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Glen Rose 76043
501 Stadium Drive
$35,000
● Land - Off Market

501 Stadium Drive

Glen Rose, TX 76043
bedrooms
Studio
bathrooms
0 Bath
$46,802
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Beautiful treed lot, one of the last remaining in Glen Rose! This will not last long! 0.3 miles from Elementary, and 0.4 miles to High School in Glen Rose. This quiet little neighborhood lot is just waiting for your to build your dream home. All utilities are on site, and ready to be tied in. This is a hidden treasure just waiting for you to build! Zoned R-1 you can build a 2 or 3 bedroom home as you prefer according to this zoning. Survey is available.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
2022

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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 #14385280)

Price History

Date / Event Date Event Price
Oct 19, 2020 Sold
Premium
Sold
Jul 10, 2020 Listed by Mossy Oak Properties of Texas- Galbraith Group $35,000
Listed by Mossy Oak Properties of Texas- Galbraith Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 509
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,437
  • Gross Building Area: 2,437
  • Building Area: 2,437
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SNYDER
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: LOT: 00006 BLK: 00001 SUBD: S0500 ABST: A136 SNYDER BLOCK 1 LOT 6

Neighborhood

  • School District Name: Glen Rose Independent School District
  • Census Tract: 000200

Geography

  • Parcel: R000002273
  • Block: 1
  • Lot: 6
  • Municipality: GLEN ROSE
  • Latitude: 32.2324
  • Longitude: -97.7607

    Address

  • Full Address: 501 Stadium Dr
  • Address - House Number: 501
  • Address - Street Name: Stadium
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Glen Rose
  • Carrier Code: R004
  • 4-Digit Zip Code: 4635
  • Zip Code: 76043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $686,238
  • Tax Rate Code Area: CGR SGR SH

    Appraisal Valuation

  • Standard Deviation: 0.2626
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 377,374
  • High Value: 476,493
  • Low Value: 278,255

    Market Valuation

  • Market Total Value: $382,860
  • Market Land Value: $45,000
  • Market Improvement Value: $337,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,860
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $337,860

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20201919
  • Previous Sale Recording Date: May 27, 2020
  • Previous Sale Contract Date: May 21, 2020
  • 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 Glen Rose

Stats & Trends

Median Asking:

$412,000

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2131 ft²

Average Home Age

27.9 years

Currently For Sale

23 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 407 Paluxy Street, Glen Rose, TX, 76043

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 788 ft²
407 Paluxy Street, Glen Rose, TX, 76043 Listing by Austin Jordan
Unit for rent at 403 N Gaither Street, Glen Rose, TX, 76043

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,472 ft²
403 N Gaither Street, Glen Rose, TX, 76043 Listing by Joleen Skipworth

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Herman Merritt, Mossy Oak Properties of Texas- Galbraith Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14385280
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 501 Stadium Drive built and last sold?
The property at 501 Stadium Drive was built in 2022 and last sold on Oct 6, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 501 Stadium Drive is $0.
What are some comparable homes to 501 Stadium Drive?
There are currently no comparable homes to 501 Stadium Drive.
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