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Johnson 76031
5225 County Road 1205
$315,000
● House - Off Market

5225 County Road 1205

Cleburne, TX 76031
bedrooms
Studio
bathrooms
0 Bath
$323,180
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Are you looking for a little piece of the country?  Look no further.  This property offers 13.57 acres with a 53x40 two story shop.  The shop did have a living quarters in it at one time but now is ready for you to use it for your needs.  The property has an electric meter and water meter.  The seller does not know the condition of the septic system.  The shop does need work but offers endless possibilities.  There is also a covered area at the back of the shop that also has a door from the upstairs.  This is a unique property so don't miss out on this one.  Seller does not have an existing survey.
Unit Size
-
Days on Market
-
Land Size
13.57 acres
Price per sqft
-
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
2005

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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 #20361116)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Jun 20, 2023 Listed by Webb Kirkpatrick Real Estate, Inc $325,000
Listed by Webb Kirkpatrick Real Estate, Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 591,109
  • Total Building Area: 4,744
  • Building Area: 4,744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,744
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: A H SEVIER
  • Land Acres: 0000013570
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: ABST 753 TR 5 A H SEVIER

Neighborhood

  • School District Name: Rio Vista Independent School District
  • School Tax School District: RIO VISTA ISD
  • Census Tract: 130603

Geography

  • Assessors Map Reference: 126.0753.00220
  • Account Number: R000018093
  • Subdivision Tract Number: 5
  • Parcel: 126-0753-00220
  • Municipality: CLEBURNE
  • Latitude: 32.2672
  • Longitude: -97.3678

    Address

  • Full Address: 5225 County Road 1205
  • Address - House Number: 5225
  • Address - Street Name: County Road 1205
  • State: TX
  • City Name: Cleburne
  • Carrier Code: R007
  • 4-Digit Zip Code: 1702
  • Zip Code: 76031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $306,199
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 9

    Market Valuation

  • Market Total Value: $168,506
  • Market Land Value: $85,420
  • Market Improvement Value: $83,086

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $168,506
  • Assessed Land Value: $85,420
  • Assessed Improvements Value: $83,086

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21652
  • Previous Sale Recording Date: Aug 02, 2023
  • Previous Sale Contract Date: Aug 01, 2023
  • Previous Sale Document Type: 21
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 410 Mesquite Drive, Rio Vista, TX, 76093

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,220 ft²
410 Mesquite Drive, Rio Vista, TX, 76093 Listing by Lacy Studdard

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Hope Kirkpatrick, Webb Kirkpatrick Real Estate, Inc
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20361116
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5225 County Rd 1205 built and last sold?
The property at 5225 County Rd 1205 was built in 2005 and last sold on Aug 1, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 5225 County Rd 1205 is $328,250.
What are some comparable homes to 5225 County Rd 1205?
There are currently no comparable homes to 5225 County Rd 1205.
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