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Midlothian 76065
5221 Rutherford Drive
$650,000
● House - Off Market

5221 Rutherford Drive

Midlothian, TX 76065
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,838 Ft²
$3,356
Est. Monthly
$66
HOA / Fees
4.36%
Cap Rate

About This Property

NEW JOHN HOUSTON HOME IN HAYES CROSSING IN MIDLOTHIAN ISD. You will fall in love with this home; 3 car garage and on a perimeter lot. First floor offers 19' ceilings in the family room, kitchen with oversized island, nook with box window seats, bay window in the master, luxury master bathroom, study, bed #2, full bath. The second floorplan has bed # 3 & 4 jack and jill bathroom, game room and media room. Unique features about this home include; white kitchen cabinets to ceiling pot and pan drawers, spice roll out and pan stacker, wood wrapped kitchen island with trash rollout, black pearl granite, PPG Shark interior paint, mud bench, 8 ft. first floor doors, upgraded tile throughout and luxury vinyl plank flooring throughout. Move IN READY!
Unit Size
3,838 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$175
Property Type
House
Property Taxes
-
HOA Dues
$66
Year Built
2007

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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 #20591848)

Price History

Date / Event Date Event Price
Oct 31, 2024 Sold
Premium
Sold
Oct 22, 2024 In contract -
In contract
Apr 18, 2024 Listed by Knob & Key Realty Partners LLC $669,990
Listed by Knob & Key Realty Partners LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,652
  • Total Building Area: 3,008
  • Gross Building Area: 3,192
  • Building Area: 2,436
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN CREEKS #4
  • Land Acres: 0000000474
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 10 12 TWIN CREEKS #4

Neighborhood

  • School District Name: Midlothian Independent School District
  • Census Tract: 060211

Geography

  • Assessors Map Reference: 1028-M
  • Parcel: 221334
  • Block: 12
  • Lot: 10
  • Municipality: MIDLOTHIAN
  • Latitude: 32.4792
  • Longitude: -96.9274

    Address

  • Full Address: 5221 Redwood Ln
  • Address - House Number: 5221
  • Address - Street Name: Redwood
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Midlothian
  • Carrier Code: R003
  • 4-Digit Zip Code: 7217
  • Zip Code: 76065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $773,002
  • Tax Rate Code Area: 354

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 63
  • Final Value: 478,184
  • High Value: 601,475
  • Low Value: 354,893

    Market Valuation

  • Market Total Value: $529,930
  • Market Land Value: $132,000
  • Market Improvement Value: $397,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432,805

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2008
  • Current Sale Recording Date: Feb 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 0804632
  • Previous Sale Recording Date: Oct 24, 2007
  • Previous Sale Contract Date: Oct 17, 2007
  • Previous Sale Amount: $260,000
  • 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 Midlothian

Stats & Trends

Median Asking:

$469,349

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2793 ft²

Average Home Age

10.4 years

Currently For Sale

249 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 6218 Cynthia Drive, Midlothian, TX, 76065

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,666 ft²
6218 Cynthia Drive, Midlothian, TX, 76065 Listing by Cody Creamer

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Alan Simonton, Knob & Key Realty Partners LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20591848
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5221 Rutherford Drive built and last sold?
The property at 5221 Rutherford Drive was built in 2007 and last sold on Feb 21, 2008 for $255,000.
How much is this home worth?
The estimated value of the home located at 5221 Rutherford Drive is $679,474.
What are some comparable homes to 5221 Rutherford Drive?
There are currently no comparable homes to 5221 Rutherford Drive.
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