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Hood 76048
5110 Peak Road
$385,000
● House - Off Market

5110 Peak Road

Granbury, TX 76048
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,330 Ft²
$530,355
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Bring the horses and enjoy country living in this well-kept, updated ranch-style home on 4 acres, situated between downtown Granbury and Glen Rose.  Home has a view of Comanche Peak from the covered porch along the front of the house, an open-concept design, a large kitchen with a copper farm sink, quartz countertops, newer EnergyStar, stainless steel appliances, plenty of cabinets, and a large master suite and bath with his and hers sinks and walk-in closets. The back patio spans the back of the home for you to enjoy outdoor living and a beautiful view of the sunsets. This property also comes with a large barn with a run-in area and an additional air-conditioned and insulated man-cave.
Unit Size
2,330 Ft²
Days on Market
-
Land Size
4.00 acres
Price per sqft
$164
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1989

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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 #14363667)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
Jun 15, 2020 Listed by Elevate Realty Group $382,500
Listed by Elevate Realty Group

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK COUNTRY
  • Land Acres: 0000004000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: ACRES: 4.000 SUBD: OAK COUNTRY ESTATES TRACT: 1R

Neighborhood

  • School District Name: Granbury Independent School District
  • Census Tract: 160303

Geography

  • Subdivision Tract Number: 1
  • Parcel: 13360.000.0001.0
  • Municipality: GRANBURY
  • Latitude: 32.3747
  • Longitude: -97.8091

    Address

  • Full Address: 5110 Peak Rd
  • Address - House Number: 5110
  • Address - Street Name: Peak
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Granbury
  • Carrier Code: R008
  • 4-Digit Zip Code: 6830
  • Zip Code: 76048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,681

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 572,019
  • High Value: 697,392
  • Low Value: 446,646

    Market Valuation

  • Market Total Value: $553,740
  • Market Land Value: $140,000
  • Market Improvement Value: $413,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553,740
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $413,740

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2020-0010387
  • Previous Sale Recording Date: May 09, 2016
  • Previous Sale Contract Date: May 06, 2016
  • Previous Sale Amount: $252,500
  • 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 Hood

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$192

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2111 ft²

Average Home Age

8.2 years

Currently For Sale

683 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

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NTREIS

Listed by: Andrew Hilley, Elevate Realty Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14363667
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5110 Peak Road built and last sold?
The property at 5110 Peak Road was built in 1989 and last sold on Jul 24, 2020 for $406,300.
How much is this home worth?
The estimated value of the home located at 5110 Peak Road is $0.
What are some comparable homes to 5110 Peak Road?
There are currently no comparable homes to 5110 Peak Road.
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