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Parker 76082
6199 Midway
$245,000
● House - Off Market

6199 Midway

Springtown, TX 76082
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,598 Ft²
$251,837
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful tree covered 1.5 acres with Newer Doublewide, 3-2 with 12 x 30 Shed, 8 X 8 shed, plus covered Goat pen and chicken coops...Property is very nice and fenced in back.
Unit Size
1,598 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$156
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
2018

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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 #20230697)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Jan 3, 2023 Listed by Marsha Hardin Real Estate LLC $249,900
Listed by Marsha Hardin Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 65,340
  • Total Building Area: 1,598
  • Gross Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PACE PLACE PH 1
  • Land Acres: 0000001500
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: ACRES: 1.500 LOT: 34 R4 SUBD: PACE PLACE PH 1 PC E-440 LABEL: NTA1858285 MAKE: CAVCO SERIAL: CAV150TX1R13432A MODEL: ALAMO MODEL: 31X48 YR: 2018, REAL PROP

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: AZILE ISD
  • Census Tract: 140409

Geography

  • Assessors Map Reference: L-7
  • Parcel: R000110926
  • Block: 1
  • Lot: 34
  • Municipality: SPRINGTOWN
  • Latitude: 32.9177
  • Longitude: -97.6183

    Address

  • Full Address: 6199 Midway Rd
  • Address - House Number: 6199
  • Address - Street Name: Midway
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Springtown
  • Carrier Code: R006
  • 4-Digit Zip Code: 8208
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,587
  • Tax Rate Code Area: COL LTR

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 247,363
  • High Value: 292,269
  • Low Value: 202,456

    Market Valuation

  • Market Total Value: $267,700
  • Market Land Value: $105,000
  • Market Improvement Value: $162,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,700
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $162,700

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13676
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Jun 01, 2020
  • Previous Sale Amount: $158,200
  • 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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2495 ft²

Average Home Age

-

Currently For Sale

1236 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

Rentals Near You

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NTREIS

Listed by: Gilda Brawley, Marsha Hardin Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20230697
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 6199 Midway Road built and last sold?
The property at 6199 Midway Road was built in 2018 and last sold on May 25, 2023 for $248,023.
How much is this home worth?
The estimated value of the home located at 6199 Midway Road is $0.
What are some comparable homes to 6199 Midway Road?
There are currently no comparable homes to 6199 Midway Road.
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