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Johnson 76009
5151 County Road 703
$515,000
● House - Off Market

5151 County Road 703

Alvarado, TX 76009
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$545,776
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Dreams have come true! Beautiful barndo nestled on over 11 beautiful acres. Upon entry notice the inviting open concept of the living room area, kitchen and dining. Nicely stained concrete flooring through out the home. The kitchen is equipped with SS appliances and plenty of storage space in the beautifully stained notty alder cabinets. The bedrooms are spacious and complimented by the neutral color scheme throughout the home.900 sqft of garage space that could easily be converted into an additional bedroom. Two garage doors in front & one on side make for easy access. Enjoy the wildlife on your new over sized covered porches in front or back. Minutes to HWY 67 & I35. Txt keyword RANCH6 to 88000 for more info.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
11.65 acres
Price per sqft
$442
Property Type
House
Property Taxes
$271
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 #14740810)

Price History

Date / Event Date Event Price
Mar 18, 2022 Sold
Premium
Sold
Jan 21, 2022 Listed by Zeal, REALTORS $530,000
Listed by Zeal, REALTORS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 460,625
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000010575
  • Standard Land Use Code: 7002
  • County Land Use Code: D1
  • State Land Use Code: D1
  • Legal Description 1: ABST 68 TR 3A W F D BARNETT 126.0068.00367 HS

Neighborhood

  • School District Name: Alvarado Independent School District
  • School Tax School District: ALVARADO ISD
  • Census Tract: 130415

Geography

  • Assessors Map Reference: 126.0068.00365
  • Account Number: R000098697
  • Subdivision Tract Number: 3A
  • Parcel: 126-0068-00365
  • Municipality: ALVARADO
  • Latitude: 32.4202
  • Longitude: -97.2793

    Address

  • Full Address: 5151 County Road 703
  • Address - House Number: 5151
  • Address - Street Name: County Road 703
  • State: TX
  • City Name: Alvarado
  • Carrier Code: R003
  • 4-Digit Zip Code: 5823
  • Zip Code: 76009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,643
  • Tax Rate Code Area: 8

    Market Valuation

  • Market Total Value: $179,767
  • Market Land Value: $179,767

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $179,767
  • Assessed Land Value: $179,767

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9754
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 Johnson

Stats & Trends

Median Asking:

$334,500

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

75

Average Home Size

2267 ft²

Average Home Age

-

Currently For Sale

1071 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 101 Donna Street, Alvarado, TX, 76009

$1,750 /mo

  • 4 Beds
  • 2 Baths
  • 1,479 ft²
101 Donna Street, Alvarado, TX, 76009 Listing by Tyler Hamilton

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ashlee Munden, Zeal, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14740810
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5151 County Rd 703 built and last sold?
The property at 5151 County Rd 703 was built in and last sold on Mar 18, 2022 for $547,960.
How much is this home worth?
The estimated value of the home located at 5151 County Rd 703 is $0.
What are some comparable homes to 5151 County Rd 703?
There are currently no comparable homes to 5151 County Rd 703.
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