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Johnson 76031
519 Ruby Lane
$85,000
● Mobile Manufactured - Off Market

519 Ruby Lane

Cleburne, TX 76031
bedrooms
Studio
bathrooms
0 Bath
square feet
1,840 Ft²
$667
Est. Monthly
15.42%
Cap Rate

About This Property

A great 1.06 acres that you can bring your new mobile home for easy hook up, or build your dream home. Quiet neighborhood for peaceful country living. A new house will be build soon next to the property. So if your thinking to build here is your opportunity.

There's an old mobile home that has no value on the sale.  Check this out before it's all gone!
Unit Size
1,840 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$57
Property Type
Mobile Manufactured
Property Taxes
$151
HOA Dues
-
Year Built
1980

Payment Calculator

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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 #20456331)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold
Premium
Sold
Oct 16, 2023 Listed by Keller Williams Realty $105,000
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: D MIZE
  • Land Acres: 0000001060
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • State Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: ABST 567 TR 3B D MIZE

Neighborhood

  • School District Name: Cleburne Independent School District
  • School Tax School District: CLEBURNE ISD
  • Census Tract: 130303

Geography

  • Assessors Map Reference: 126.0567.00150
  • Account Number: R000014518
  • Subdivision Tract Number: 3B
  • Parcel: 126-0567-00150
  • Municipality: CLEBURNE
  • Latitude: 32.382
  • Longitude: -97.32

    Address

  • Full Address: 519 Ruby Ln
  • Address - House Number: 519
  • Address - Street Name: Ruby
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Cleburne
  • Carrier Code: R005
  • 4-Digit Zip Code: 8919
  • Zip Code: 76031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $159,707
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.164
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 128,154
  • High Value: 149,183
  • Low Value: 107,126

    Market Valuation

  • Market Total Value: $51,118
  • Market Land Value: $23,850
  • Market Improvement Value: $27,268

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,118
  • Assessed Land Value: $23,850
  • Assessed Improvements Value: $27,268
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:

$334,590

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

75

Average Home Size

2274 ft²

Average Home Age

-

Currently For Sale

1067 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 208 N Val Verde Circle, Keene, TX, 76059

$1,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,506 ft²
208 N Val Verde Circle #A, Keene, TX, 76059 Listing by David Read
Unit for rent at 3901 County Road 317, Cleburne, TX, 76031

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 960 ft²
3901 County Road 317 #35, Cleburne, TX, 76031 Listing by Stephenie Whitehead

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Elgina Parilla, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20456331
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 519 Ruby Lane built and last sold?
The property at 519 Ruby Lane was built in 1980 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 519 Ruby Lane is $0.
What are some comparable homes to 519 Ruby Lane?
There are currently no comparable homes to 519 Ruby Lane.
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