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Benbrook 76126
5512 Pico Lane
$390,000
● House - Off Market

5512 Pico Lane

Benbrook, TX 76126
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,277 Ft²
$401,609
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Spectacular family home featuring the floor plan everyone dreams of. Settled in a pristine neighborhood. Just ten minutes from Clearfork and fifteen minutes from Downtown. The expansive kitchen opens to the family room yet retains its own defined space. The ideal kitchen space features abundant counter space and cabinets coupled with a breakfast bar and dining area. The master suite highlights include a cozy independent seating area along with garden bathtub, separate walk in shower, dual vanities and sizable closet space. All of these features along with a large backyard create the perfect family home.
Unit Size
2,277 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$171
Property Type
House
Property Taxes
$565
HOA Dues
$21
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 #14756097)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Feb 10, 2022 Listed by Briggs Freeman Sotheby's Int'l $390,000
Listed by Briggs Freeman Sotheby's Int'l

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,806
  • Total Building Area: 2,277
  • Gross Building Area: 2,277
  • Building Area: 2,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,277
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LA BANDERA AT TEAM RANCH
  • Land Acres: 0000000271
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: LA BANDERA AT TEAM RANCH BLOCK 19 LOT 9

Neighborhood

  • School District Name: Fort Worth Independent School District
  • School Tax School District: FORT WORTH
  • Census Tract: 110901

Geography

  • Assessors Map Reference: 87-F
  • Account Number: 40800180
  • District: 003
  • Parcel: 40800180
  • Block: 19
  • Lot: 9
  • Municipality: BENBROOK
  • Latitude: 32.6909
  • Longitude: -97.4619

    Address

  • Full Address: 5512 Pico Ln
  • Address - House Number: 5512
  • Address - Street Name: Pico
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Benbrook
  • Carrier Code: R156
  • 4-Digit Zip Code: 1835
  • Zip Code: 76126

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $694,675
  • Tax Rate Code Area: 905

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 420,329
  • High Value: 504,051
  • Low Value: 336,607

    Market Valuation

  • Market Total Value: $384,893
  • Market Land Value: $60,000
  • Market Improvement Value: $324,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,893
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $324,893

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66764
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $276,300
  • 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 Benbrook

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2327 ft²

Average Home Age

35.1 years

Currently For Sale

81 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 120 Lakeway Drive, Benbrook, TX, 76126

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,561 ft²
120 Lakeway Drive, Benbrook, TX, 76126 Listing by Jeremy Vaughn

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ben Frederick, Briggs Freeman Sotheby's Int'l
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14756097
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5512 Pico Lane built and last sold?
The property at 5512 Pico Lane was built in 2005 and last sold on Mar 11, 2022 for $492,765.
How much is this home worth?
The estimated value of the home located at 5512 Pico Lane is $396,474.
What are some comparable homes to 5512 Pico Lane?
There are currently no comparable homes to 5512 Pico Lane.
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