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Burnet 78654
515 CR 144
$219,800
● House - Off Market

515 CR 144

Marble Falls, TX 78654
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,928 Ft²
$476,952
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Delightful 3/2/2 stone/Hardi-plank home on 1.5 acre corner lot with view of 100+ acre ranch and no immediate neighbors in back. Features include vaulted ceilings, split bedroom plan, open living room with rock fireplace, formal dining room, user-friendly kitchen and large pantry. Separate workshop with double access doors, two separate fenced yards, sprinkler system, Greenhouse, landscaping, More.
Unit Size
1,928 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$114
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1997

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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: 5 months ago (LERA #931080)

Price History

Date / Event Date Event Price
May 7, 2012 Sold
Premium
Sold
Feb 7, 2012 Listed by RE/MAX of Marble Falls $219,800
Listed by RE/MAX of Marble Falls

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • 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: 1
  • Garage Square Area: 891
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,819
  • Gross Building Area: 2,819
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUAIL VALLEY
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S7275 QUAIL VALLEY LOT 36A (REPLAT 96) 1.5

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960600

Geography

  • Parcel: 36067
  • Lot: 36A
  • Municipality: MARBLE FALLS
  • Latitude: 30.6361
  • Longitude: -98.3316

    Address

  • Full Address: 515 County Road 144
  • Address - House Number: 515
  • Address - Street Name: County Road 144
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: R004
  • 4-Digit Zip Code: 7873
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $504,216
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 227,393
  • High Value: 299,196
  • Low Value: 155,589

    Market Valuation

  • Market Total Value: $446,402
  • Market Land Value: $70,200
  • Market Improvement Value: $376,202

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,408

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2019
  • Current Sale Recording Date: Feb 04, 2019
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201901139
  • Previous Sale Recording Date: May 09, 2012
  • Previous Sale Contract Date: May 07, 2012
  • 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 Burnet

Stats & Trends

Median Asking:

$409,750

Sale Price/ft²

$226

Below Asking

0.04%

Average Days on Market

101

Average Home Size

2243 ft²

Average Home Age

7 years

Currently For Sale

593 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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LERA

Listed by: Zina Rodenbeck, RE/MAX of Marble Falls
Last Updated: 5 months ago
Data Source: LERA, MLS# 931080
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 515 County Rd 144 built and last sold?
The property at 515 County Rd 144 was built in 1997 and last sold on Feb 1, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 515 County Rd 144 is $235,835.
What are some comparable homes to 515 County Rd 144?
There are currently no comparable homes to 515 County Rd 144.
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