$370,000
●
House -
Off Market
564 Morris Road
Nocona, TX 76255
3 Beds
0 Bath
2,509 Ft²
$536,254
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Quiet country living at it's best on 11 acres with cozy
barndominium, 2 additional living quarters, 29x21 workshop with
2-12ft overhead doors, overhead crane and large overhead storage
area. Property includes chicken coup, fenced garden area, 4 stall
barn w tack room and loaf shed. AG exempt, currently used for
cattle, horses permitted. Working cattle pen, corrals, holding pen,
loading chute, squeeze chute and wash rack. Barndominium includes
Wolf brand stove, copper counter tops, decorative lighting,
spacious utility room w sink, beautiful Mexian tile throughout, and
so much more. This property would make a perfect weekend country
getaway. Included in sale 6.095 acres Property ID:R00002564
Unit Size
2,509 Ft²
Days on Market
-
Land Size
11.18 acres
Price per sqft
$149
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1998
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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 #14220507)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Keller Williams Realty | $399,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
11+ acres a Cozy Barndominium and a separate guest quarters has a large kitchen that could be used for canning, a 29 x 21 workshop with 2-12 ft overhead doors, overhead crane and large overhead storage area. Property includes 4-stall barn with tack room, an office or guest room. several loafing sheds. The property is AG exempt, currently used for cattle. Horses permitted. Working cattle pen, corrals, holding pen, loading chute, squeeze chute and wash rack. Barndominium includes, copper countertops, decorative lighting, spacious utility room with sink, beautiful tile throughout and so much more. Your everyday perfect retreat. Included in sale 6.095 acres Property ID: R00002564.
| |||
| May 1, 2020 | No longer available | - | |
| No longer available | |||
| Mar 4, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2019 | Listed by Keller Williams - Fort Worth | $375,000 | |
| Listed by Keller Williams - Fort Worth | |||
| | |||
|
Quiet country living at it's best on 11 acres with cozy barndominium, 2 additional living quarters, 29x21 workshop with 2-12ft overhead doors, overhead crane and large overhead storage area. Property includes chicken coup, fenced garden area, 4 stall barn w tack room and loaf shed. AG exempt, currently used for cattle, horses permitted. Working cattle pen, corrals, holding pen, loading chute, squeeze chute and wash rack. Barndominium includes Wolf brand stove, copper counter tops, decorative lighting, spacious utility room w sink, beautiful Mexian tile throughout, and so much more. This property would make a perfect weekend country getaway. Included in sale 6.095 acres Property ID:R00002564 The manager has listed the unit size as 2509 square feet.
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Montague
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Listed by: Melissa Elliott, Keller Williams Frisco Stars
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14220507
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14220507
Details provided by NTREIS and may not match the public record
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