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Hood 76476
5702 Friendship Road
$325,000
● House - Off Market

5702 Friendship Road

Tolar, TX 76476
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,756 Ft²
$365,772
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

4 ACRES, Hood County, Perfect Peaceful Country get away, very well maintained home. Central vac system. Master has a room for nursery, office or workout room. Covered back patio for your enjoyment, whether it's for music & your favorite beverage or sitting quietly while taking in nature's beauty or reading a book.  Away from the crowds, but close to shopping, entertainment, hospital & schools.  Thinking sustainable, there's plenty of room for a vegetable garden.  Has a well with great tasting water, well house is insulated.  The house has a water softner, heat pump, Trane AC, new water heater, 2 yr old roof, lots of storage inside & out.  Cabin with AC 50 amp, 2 RV hook ups, cinder block shop has 220v 50 amp.
Unit Size
1,756 Ft²
Days on Market
-
Land Size
4.06 acres
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (NTREIS #14657859)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by Keller Williams Brazos West $325,000
Listed by Keller Williams Brazos West
4 ACRES, Hood County, Perfect Peaceful Country get away, very well maintained home. Central vac system. Master has a room for nursery, office or workout room. Covered back patio for your enjoyment, whether it's for music & your favorite beverage or sitting quietly while taking in nature's beauty or reading a book. Away from the crowds, but close to shopping, entertainment, hospital & schools. Thinking sustainable, there's plenty of room for a vegetable garden. Has a well with great tasting water, well house is insulated. The house has a water softner, heat pump, Trane AC, new water heater, 2 yr old roof, lots of storage inside & out. Cabin with AC 50 amp, 2 RV hook ups, cinder block shop has 220v 50 amp.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 176,636
  • Total Building Area: 1,756
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: E M CAULDER - ABST 863
  • Land Acres: 0000004055
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: ACRES: 4.055 ABST: E M CAULDER - ABST 863

Neighborhood

  • School District Name: Tolar Independent School District
  • Census Tract: 160302

Geography

  • Assessors Map Reference: MAP 101
  • Parcel: 20863.000.0020.0
  • Municipality: TOLAR
  • Latitude: 32.4126
  • Longitude: -97.8785

    Address

  • Full Address: 5702 Friendship Rd
  • Address - House Number: 5702
  • Address - Street Name: Friendship
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Tolar
  • Carrier Code: R002
  • 4-Digit Zip Code: 5390
  • Zip Code: 76476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $334,428

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 496,647
  • High Value: 605,500
  • Low Value: 387,794

    Market Valuation

  • Market Total Value: $499,040
  • Market Land Value: $141,930
  • Market Improvement Value: $357,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $499,040
  • Assessed Land Value: $141,930
  • Assessed Improvements Value: $357,110

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-0018702
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $207,800
  • 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 Hood

Stats & Trends

Median Asking:

$359,999

Sale Price/ft²

$192

Below Asking

0.03%

Average Days on Market

82

Average Home Size

2123 ft²

Average Home Age

19.9 years

Currently For Sale

660 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

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NTREIS

Listed by: Elia Garces, Keller Williams Brazos West
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14657859
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5702 Friendship Road built and last sold?
The property at 5702 Friendship Road was built in 2002 and last sold on Oct 15, 2021 for $385,900.
How much is this home worth?
The estimated value of the home located at 5702 Friendship Road is $334,532.
What are some comparable homes to 5702 Friendship Road?
There are currently no comparable homes to 5702 Friendship Road.
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