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Erath 76401
586 County Road 475
$285,000
● House - Off Market

586 County Road 475

Stephenville, TX 76401
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,043 Ft²
$292,044
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Cute frame home on 2 acres! Property features 3 bedrooms, 3 full bathrooms with a bonus room. Large master bedroom with huge walk in shower, separate tub and lots of closet space. Has pellet stove in the family room with an open concept layout. Outside has a storage building and open deck. You will love the feel and space of this property!
Unit Size
2,043 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$132
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1998

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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: 3 years ago (NTREIS #14717949)

Price History

Date / Event Date Event Price
Jan 4, 2022 Sold
Premium
Sold
Nov 30, 2021 Listed by HAYDEN REAL ESTATE $270,000
Listed by HAYDEN REAL ESTATE

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,300
  • Total Building Area: 2,043
  • Gross Building Area: 2,043
  • Building Area: 2,043
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,043
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADY OAKS ESTATES
  • Land Acres: 0000002073
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: S5690 SHADY OAKS ESTATES, LOT 6A, & HOUSE

Neighborhood

  • School District Name: Stephenville Independent School District
  • School Tax School District: STEPHENVILLE SD
  • School Tax District Code 2: ROAD & BRIDGE
  • School Tax District Code 3: MIDDLE TRINITY
  • Census Tract: 950201

Geography

  • Account Number: R.5690.00035.00.0
  • Subdivision Tract Number: 6
  • Parcel: R000045107
  • Lot: 6A
  • Municipality: STEPHENVILLE
  • Latitude: 32.2702
  • Longitude: -98.1481

    Address

  • Full Address: 586 County Road 475
  • Address - House Number: 586
  • Address - Street Name: County Road 475
  • State: TX
  • City Name: Stephenville
  • Carrier Code: R006
  • 4-Digit Zip Code: 6748
  • Zip Code: 76401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,673
  • Tax Rate Code Area: 72 903 MTD

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 65
  • Final Value: 370,540
  • High Value: 460,516
  • Low Value: 280,564

    Market Valuation

  • Market Total Value: $298,710
  • Market Land Value: $72,190
  • Market Improvement Value: $226,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,710
  • Assessed Land Value: $72,190
  • Assessed Improvements Value: $226,520

    Sales

  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 80
  • Previous Sale Recording Date: Aug 26, 2014
  • Previous Sale Contract Date: Aug 21, 2014
  • Previous Sale Amount: $118,800
  • 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 Erath

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$208

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2079 ft²

Average Home Age

5.8 years

Currently For Sale

246 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

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NTREIS

Listed by: Katie Burr, HAYDEN REAL ESTATE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14717949
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 586 County Rd 475 built and last sold?
The property at 586 County Rd 475 was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 586 County Rd 475 is $283,906.
What are some comparable homes to 586 County Rd 475?
There are currently no comparable homes to 586 County Rd 475.
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