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Johnson 76031
604 Timberwood Drive
$295,000
● House - Off Market

604 Timberwood Drive

Cleburne, TX 76031
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,807 Ft²
$293,903
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Almost New Craftsman Style Home with a Wide Open Concept Design. The Moment you Step in, You are welcomed by a Cozy TV Room, then a Large Entry Way that Guides you into Guestrooms, or your Large Kitchen with so Many Cabinets and Counterspace. Next, the Open Dining Area, then a Large Primary Bedroom, with a Walk-in Closet, and a Large Tub Shower Combination. This Split Bedroom Design allows Privacy for Guests, Playtime, and so on.  Plenty of Storage closets along with a Kitchen Pantry. Charming Covered Porch for Morning Coffee. This Property sits next to an Open Lot, and Park like Views are across the Street. Extra Wide Streets, Gazebo, and Picnic Area make this a Welcoming Locale. (4th bedroom is being used as a TV ROOM - no closet - see floor plan)
Unit Size
1,807 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$163
Property Type
House
Property Taxes
$503
HOA Dues
$42
Year Built
2021

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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 #20408043)

Price History

Date / Event Date Event Price
Oct 5, 2023 Sold
Premium
Sold
Aug 16, 2023 Listed by Fathom Realty LLC $295,000
Listed by Fathom Realty LLC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 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: 6,003
  • Total Building Area: 1,807
  • Building Area: 1,807
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,807
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE VILLAGES AT MAYFIELD
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 11 BLK 3 THE VILLAGES AT MAYFIELD

Neighborhood

  • School Tax School District: CLEBURNE ISD
  • Census Tract: 130304

Geography

  • Assessors Map Reference: 126.2088.03110
  • Account Number: R000106726
  • Parcel: 126-2088-03110
  • Block: 3
  • Lot: 11
  • Municipality: CITY OF CLEBURNE
  • Latitude: 32.3676
  • Longitude: -97.3651

    Address

  • Full Address: 604 Timberwood Dr
  • Address - House Number: 604
  • Address - Street Name: Timberwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Cleburne
  • Carrier Code: R020
  • 4-Digit Zip Code: 5244
  • Zip Code: 76031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $590,187
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2716
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 295,246
  • High Value: 375,446
  • Low Value: 215,046

    Market Valuation

  • Market Total Value: $241,110
  • Market Land Value: $35,000
  • Market Improvement Value: $206,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $241,110
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $206,110

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28272
  • Previous Sale Recording Date: Oct 01, 2021
  • Previous Sale Contract Date: Sep 30, 2021
  • Previous Sale Amount: $293,900
  • 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 Johnson

Stats & Trends

Median Asking:

$334,999

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

73

Average Home Size

2261 ft²

Average Home Age

-

Currently For Sale

1100 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 103 Levi Drive, Cleburne, TX, 76031

$2,350 /mo

  • 5 Beds
  • 3 Baths
  • 1,804 ft²
103 Levi Drive, Cleburne, TX, 76031 Listing by Bruce Henderson
Unit for rent at 832 Eagles Nest Drive, Cleburne, TX, 76031

$2,395 /mo

  • 5 Beds
  • 3 Baths
  • 2,600 ft²
832 Eagles Nest Drive, Cleburne, TX, 76031 Listing by Kristine Landon

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Cynthia Allen, Fathom Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20408043
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 604 Timberwood Drive built and last sold?
The property at 604 Timberwood Drive was built in 2021 and last sold on Oct 5, 2023 for $294,262.
How much is this home worth?
The estimated value of the home located at 604 Timberwood Drive is $0.
What are some comparable homes to 604 Timberwood Drive?
There are currently no comparable homes to 604 Timberwood Drive.
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