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Wise 76225
512 Private Road 2698
$100,000
● Mobile Manufactured - Off Market

512 Private Road 2698

Alvord, TX 76225
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,568 Ft²
$168,975
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Priced to SELL!! This home needs some TLC and could be a real show place! 5.17 acres with lots of trees. 3 bedroom 2 bath double wide mobile home with a front porch that is the length of the home. Carport, guest apartment out back, and a huge cement basement already poured out front. Come and check it out. Possibilities are endless! THIS IS A DIAMOND IN THE ROUGH!! Property sells AS IS. Seller does not have survey. Pictures will be added Sunday, July 26.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
5.17 acres
Price per sqft
$80
Property Type
Mobile Manufactured
Property Taxes
$44
HOA Dues
-
Year Built
-

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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 #14396879)

Price History

Date / Event Date Event Price
Sep 9, 2020 Sold
Premium
Sold
Jul 22, 2020 Listed by Fathom Realty, LLC $125,000
Listed by Fathom Realty, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 225,205
  • Total Building Area: 532
  • Building Area: 532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 532
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A-708 F ROZALES
  • Land Acres: 0000005170
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: SHADOW WOOD (UNREC)LOT 27 5.1700 ACRES

Neighborhood

  • School District Name: Alvord Independent School District
  • School Tax School District: ALVORD ISD
  • School Tax District Code 2: FM FLOOD-LATERA
  • School Tax District Code 3: WCID #1
  • Census Tract: 150300

Geography

  • Assessors Map Reference: AIR MAP: 0703
  • Account Number: 000000773892
  • Parcel: A0708.0019.15
  • Lot: 27
  • Municipality: ALVORD
  • Latitude: 33.3831
  • Longitude: -97.7103

    Address

  • Full Address: 512 Private Road 2698
  • Address - House Number: 512
  • Address - Street Name: Private Road 2698
  • State: TX
  • City Name: Alvord
  • Carrier Code: R004
  • 4-Digit Zip Code: 3073
  • Zip Code: 76225

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $142,488
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: LTR,SAL,WC

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 171,417
  • High Value: 205,797
  • Low Value: 137,037

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $112,365
  • Market Improvement Value: $7,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,000
  • Assessed Land Value: $112,365
  • Assessed Improvements Value: $7,635

    Sales

  • Current Sale Contract Date: Aug 09, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202011996
  • Previous Sale Recording Date: Dec 31, 2003
  • Previous Sale Contract Date: Dec 31, 2003
  • Previous Sale Document Type: 27
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 Wise

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$197

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2459 ft²

Average Home Age

3.3 years

Currently For Sale

522 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: Michelle West, Fathom Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14396879
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 512 Private Road 2698 built and last sold?
The property at 512 Private Road 2698 was built in and last sold on Aug 9, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 512 Private Road 2698 is $137,044.
What are some comparable homes to 512 Private Road 2698?
There are currently no comparable homes to 512 Private Road 2698.
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