$925,000
●
House -
Off Market
640 Stinson Road
Lucas, TX 75002
3 Beds
0 Bath
1,740 Ft²
$981,643
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Modern meets country living! Live the simple life you always
imagined in this charming country estate just shy of 3 acres of
land in Lovejoy ISD! This loved on landscape offers space to host
all your gatherings in this meticulously well maintained estate.
Each bedroom features its own full bath and spacious closet space.
Finishing interior touches include a beautifully done kitchen
island, granite countertops, and updated led light fixtures.
Landscape has it's own custom tree lights, and private driveway for
easy access to home. This property features a 3,000 square foot
garage suit to fit six cars with custom shelving for storage. One
of a kind property is designed to make it truly yours.
Unit Size
1,740 Ft²
Days on Market
-
Land Size
2.98 acres
Price per sqft
$563
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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 #20201522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2023 | Sold | ||
| Sold | |||
| Nov 5, 2022 | Listed by Rogers Healy and Associates | $980,000 | |
| Listed by Rogers Healy and Associates | |||
| Sep 3, 2022 | No longer available | - | |
| No longer available | |||
| Aug 7, 2022 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Jun 20, 2022 | Listed by RE/MAX Town & Country | $1,200,000 | |
| Listed by RE/MAX Town & Country | |||
| | |||
|
Exquisite Home!! If you are looking for a peaceful and private home where your family can grow up in the best school in Texas. Here is an amazing opportunity! This is a fantastic location in LOVEJOY ISD!! Don't miss this gorgeous property full amenities. With a beautiful landscape, trees, flowers, planter everything with a sprinkle system, light on trees. And if that's not enough, you can build your dream house in 2.988 acres that this property comes with! Residential of 1740 sqft, in great condition with 3 bedrooms, 3 full bathrooms, a master with jacuzzi; the rest of the bathrooms have full showers complete updated. Beautiful clean kitchen, island with decorative stone and quartz countertops, giving you the opportunity for the future use as a mother-in-law suite. A TERRIFIC METAL garage built in 2015 with 3,000 sqft, and a value of more of $270K, very spacious, full bathroom included, and last but not least, a luxurious space for you vehicles. If you want more come and see it!!
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Property Highlights
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lucas
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Listed by: Cristina Sanchez, Rogers Healy and Associates
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20201522
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20201522
Details provided by NTREIS and may not match the public record
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