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Fort Worth 76137 Parkwood Hills
5561 Murton Place
$325,000
● House - Off Market

5561 Murton Place

Fort Worth, TX 76137
bedrooms
5 Beds
bathrooms
0 Bath
square feet
3,188 Ft²
$441,272
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

WELCOME HOME! Beautiful upgraded home in Keller area! Brand new roof with 30 year warranty! All windows replaced with solar screens! All rooms have walk in closets, along with a spacious game room on the second floor. This beautiful home has a pool waiting for you to jump in! Home completely remodeled with granite countertops and ceramic flooring in the kitchen! This Beautiful, upgraded home won't be on the market for long! You will not be disappointed in the updates in this home!
Unit Size
3,188 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$104
Property Type
House
Property Taxes
-
HOA Dues
$16
Year Built
2000

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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 #14431165)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Sep 10, 2020 No longer available -
No longer available
Sep 9, 2020 Listed by JP and Associates Fort Worth $329,999
Listed by JP and Associates Fort Worth
Aug 19, 2020 Price Decreased $350,000
↓ $9K (2.5%)
Price Decreased
Aug 4, 2020 Price Decreased $359,000
↓ $26K (6.8%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 5
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 399
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,548
  • Total Building Area: 3,188
  • Gross Building Area: 3,188
  • Building Area: 3,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,188
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKWOOD HILL ADDITION
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: PARKWOOD HILL ADDITION BLOCK 7 LOT 2

Neighborhood

  • School District Name: Keller Independent School District
  • School Tax School District: KELLER
  • Census Tract: 113920

Geography

  • Assessors Map Reference: 36-R
  • Account Number: 07206992
  • District: 026
  • Parcel: 07206992
  • Block: 7
  • Lot: 2
  • Municipality: FORT WORTH
  • Latitude: 32.8803
  • Longitude: -97.2641

    Address

  • Full Address: 5561 Murton Pl
  • Address - House Number: 5561
  • Address - Street Name: Murton
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Fort Worth
  • Carrier Code: C021
  • 4-Digit Zip Code: 3763
  • Zip Code: 76137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $753,806
  • Tax Rate Code Area: 907

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 491,009
  • High Value: 594,573
  • Low Value: 387,446

    Market Valuation

  • Market Total Value: $470,473
  • Market Land Value: $75,000
  • Market Improvement Value: $395,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,473
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $395,473

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D220264624
  • Previous Sale Recording Date: Apr 01, 2010
  • Previous Sale Contract Date: Mar 26, 2010
  • Previous Sale Document Type: 68
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 Parkwood Hills

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

60

Average Home Size

3165 ft²

Average Home Age

19.5 years

Currently For Sale

4 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 6813 Hickory Hollow Lane, North Richland Hills, TX, 76182

$3,150 /mo

  • 5 Beds
  • 3 Baths
  • 2,893 ft²
6813 Hickory Hollow Lane, North Richland Hills, TX, 76182 Listing by Gital Harlap

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Omaya Mahmoud, JP and Associates Fort Worth
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14431165
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5561 Murton Place built and last sold?
The property at 5561 Murton Place was built in 2000 and last sold on Oct 13, 2020 for $385,900.
How much is this home worth?
The estimated value of the home located at 5561 Murton Place is $0.
What are some comparable homes to 5561 Murton Place?
There are currently no comparable homes to 5561 Murton Place.
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