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Benbrook 76126
5560 Plata Lane
$276,500
● House - Off Market

5560 Plata Lane

Benbrook, TX 76126
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,484 Ft²
$377,151
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Beautiful two story home with plenty of room for a growing family or a large family. Brand new roof installed in May 2020! Perfect central location with easy access to I-20 and I-30. This home has five bedrooms, or the fifth bedroom can be used as an office.  The spacious master bedroom and the office-bedroom are downstairs, and three bedrooms are upstairs. There are three full baths with a Jack and Jill bath upstairs. It sits on a large, fully fenced corner lot with a storage building for your lawn equipment. Call CSS for instructions.
Unit Size
2,484 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
$23
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 #14145191)

Price History

Date / Event Date Event Price
Sep 8, 2020 Sold
Premium
Sold
Jul 21, 2019 Listed by Askins Investment Realty $279,000
Listed by Askins Investment Realty

Property Highlights

Air Conditioning
Fireplace
Garage

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: 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: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 459
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,373
  • Total Building Area: 2,484
  • Gross Building Area: 2,484
  • Building Area: 2,484
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,484
  • 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: 0000000238
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: LA BANDERA AT TEAM RANCH BLOCK 20 LOT 16

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: 40800415
  • District: 003
  • Parcel: 40800415
  • Block: 20
  • Lot: 16
  • Municipality: BENBROOK
  • Latitude: 32.6904
  • Longitude: -97.4638

    Address

  • Full Address: 5560 Plata Ln
  • Address - House Number: 5560
  • Address - Street Name: Plata
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Benbrook
  • Carrier Code: R156
  • 4-Digit Zip Code: 1837
  • Zip Code: 76126

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $579,390
  • Tax Rate Code Area: 905

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 455,797
  • High Value: 564,307
  • Low Value: 347,288

    Market Valuation

  • Market Total Value: $376,101
  • Market Land Value: $60,000
  • Market Improvement Value: $316,101

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,101
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $316,101

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D220226313
  • Previous Sale Recording Date: Sep 24, 2008
  • Previous Sale Contract Date: Sep 19, 2008
  • Previous Sale Amount: $158,000
  • 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 Benbrook

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2397 ft²

Average Home Age

32.9 years

Currently For Sale

79 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 6940 Bal Lake Drive, Fort Worth, TX, 76116

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,343 ft²
6940 Bal Lake Drive, Fort Worth, TX, 76116 Listing by Nathan Asay

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jason Jones, Askins Investment Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14145191
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5560 Plata Lane built and last sold?
The property at 5560 Plata Lane was built in 2005 and last sold on Sep 8, 2020 for $335,300.
How much is this home worth?
The estimated value of the home located at 5560 Plata Lane is $281,790.
What are some comparable homes to 5560 Plata Lane?
There are currently no comparable homes to 5560 Plata Lane.
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