$293,000
●
House -
Off Market
5316 Grayson Ridge Drive
Fort Worth, TX 76179
4 Beds
2 Baths
1,895 Ft²
$317,742
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Must See, Move in Ready in Terrace Landing!! 3 bed + Study (could
be 4th bed, has doors, no closet), 2 bath, 2 car garage, Dr Horton
home with laminate floors, recently updated appl include microwave,
range-oven, and dishwasher. Features include large kitchen with
island, walk in pantry, skylight, bfast bar, and plenty of storage
cabinets. Kitchen opens to dining and living with FP. Master
features his-her sinks, garden tub, sep shower, and WIC. Tile in
wet areas, covered rear patio, large storage shed, large backyard,
solar screens, and 1 yr old HVAC. HOA includes community pool.
Location is easy access to 820 and 35W. Walking distance to Marine
Creek Lake Trails, Chisholm Trail High, and Marine Creek Middle.
Unit Size
1,895 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
$29
Year Built
2007
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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 (NTREIS #14643513)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by C21 Fine Homes Judge Fite | $328,000 | |
| Listed by C21 Fine Homes Judge Fite | |||
| | |||
|
This beautiful one-story traditional brick home boasts gorgeous curb appeal!! Located in the highly desired Terrace Landing the light and bright open floorplan features luxury vinyl floors, solar screens, sprinkler system. The expansive kitchen offers an island, walk-in pantry, skylight, breakfast bar, and plenty of storage cabinets. Dining opens to kitchen and living with a wood-burning FP. Primary suite features dual sinks, garden tub, separate shower, & walk-in closet. You’ll fall in love with the HUGE back Patio with pergola, large storage shed, & large yard. This home was built for entertaining and relaxing. Fantastic location with easy access to the highway, restaurants, and shopping. Within walking distance to the middle school, high school, and TCC! Just off 820 West, mins from I35, 7 miles from Downtown Fort Worth, and 5 mins both Marine Creek Lake and Eagle Mountain Lake! Come fall in love today, be a part of the Terrace Landing community, and enjoy the pool, park, and more!
| |||
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by The Property Shop | $279,900 | |
| Listed by The Property Shop | |||
| | |||
|
Must See, Move in Ready in Terrace Landing!! 3 bed + Study (could be 4th bed, has doors, no closet), 2 bath, 2 car garage, Dr Horton home with laminate floors, recently updated appl include microwave, range-oven, and dishwasher. Features include large kitchen with island, walk in pantry, skylight, bfast bar, and plenty of storage cabinets. Kitchen opens to dining and living with FP. Master features his-her sinks, garden tub, sep shower, and WIC. Tile in wet areas, covered rear patio, large storage shed, large backyard, solar screens, and 1 yr old HVAC. HOA includes community pool. Location is easy access to 820 and 35W. Walking distance to Marine Creek Lake Trails, Chisholm Trail High, and Marine Creek Middle.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Terrace Landing
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Listed by: Lisa Hawkins, The Property Shop
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14643513
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14643513
Details provided by NTREIS and may not match the public record
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