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Denton 76259
5538 Schluter Road
Photo of 5538 Schluter Road
Sold on Aug 27, 2026

1

Map

$135,000
● House - Off Market

5538 Schluter Road

Ponder, TX 76259
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,375 Ft²
$835
Est. Monthly

About This Property

Cash or select owner financing only! Situated on a full acre of property, this unique opportunity offers plenty of space and potential. The property includes two buildings and a septic system that is in good working condition. Currently, there is no electricity connected to the property. Great opportunity for someone looking for flexible possibilities or willing to put in the work to make it their own!
Unit Size
1,375 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$124
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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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: 2 months ago (NTREIS #21278309)

Price History

Date / Event Date Event Price
Aug 27, 2026 Sold
Premium
Sold
Jul 15, 2026 In contract -
In contract
May 23, 2026 Listed by RE/MAX Dallas Suburbs $169,900
Listed by RE/MAX Dallas Suburbs

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 435,600
  • Total Building Area: 1,375
  • Gross Building Area: 1,375
  • Building Area: 1,375
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,375
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNY RANCHES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SUNNY RANCHES BLK 1 LOT 4

Neighborhood

  • School District Name: Ponder Independent School District
  • Census Tract: 020313

Geography

  • Assessors Map Reference: 26-N
  • Parcel: R185558
  • Block: 1
  • Lot: 4
  • Municipality: PONDER
  • Latitude: 33.2148
  • Longitude: -97.3261

    Address

  • Full Address: 5538 Schluter Rd
  • Address - House Number: 5538
  • Address - Street Name: Schluter
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Ponder
  • Carrier Code: R001
  • 4-Digit Zip Code: 5445
  • Zip Code: 76259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $191,948
  • Tax Rate Code Area: S13

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 165,874
  • High Value: 192,960
  • Low Value: 138,788

    Market Valuation

  • Market Total Value: $134,062
  • Market Land Value: $87,120
  • Market Improvement Value: $46,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,062
  • Assessed Land Value: $87,120
  • Assessed Improvements Value: $46,942
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 Denton

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2711 ft²

Average Home Age

14.3 years

Currently For Sale

5521 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 15350 Us Highway 380, Krum, TX, 76249

$4,600 /mo

  • 3 Beds
  • 3 Baths
  • 4,320 ft²
15350 Us Highway 380, Krum, TX, 76249 Listing by Mark Hunt

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Paul Ruth, RE/MAX Dallas Suburbs
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21278309
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5538 Schluter Road built and last sold?
The property at 5538 Schluter Road was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5538 Schluter Road is $177,189.
What are some comparable homes to 5538 Schluter Road?
There are currently no comparable homes to 5538 Schluter Road.
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