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Johnson 76009
6401 County Road 313a
$269,000
● House - Off Market

6401 County Road 313a

Alvarado, TX 76009
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,375 Ft²
$327,096
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Country living with modern amenities. Built on an acre of land in 2019, this house is a beautiful open concept design with a large, covered, front porch great for sipping tea and hanging out. The kitchen boasts an incredibly large island for eating and entertaining. Owners recently installed gutters front and back and also added new solar shades to all windows. New workshop with electricity and a new two-vehicle carport.
Unit Size
1,375 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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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: 5 months ago (NTREIS #14554611)

Price History

Date / Event Date Event Price
May 19, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed by KLM Real Estate $275,000
Listed by KLM Real Estate
Country living with modern amenities. Built on an acre of land in 2019, this house is a beautiful open concept design with a large, covered, front porch great for sipping tea and hanging out. The kitchen boasts an incredibly large island for eating and entertaining. Owners recently installed gutters front and back and also added new solar shades to all windows. New workshop with electricity and a new two-vehicle carport.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • 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: 45,738
  • Lot Size Depth Feet: 3,050
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,333
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KELLY JEANS ADDITION
  • Land Acres: 0000001050
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 3 BLK 1 KELLY JEANS ADDITION

Neighborhood

  • School District Name: Alvarado Independent School District
  • School Tax School District: ALVARADO ISD
  • Census Tract: 130501

Geography

  • Assessors Map Reference: 126.2381.00030
  • Account Number: R000084897
  • Parcel: 126-2381-00030
  • Block: 1
  • Lot: 3
  • Municipality: ALVARADO
  • Latitude: 32.3432
  • Longitude: -97.2349

    Address

  • Full Address: 6401 County Road 313a
  • Address - House Number: 6401
  • Address - Street Name: County Road 313a
  • State: TX
  • City Name: Alvarado
  • Carrier Code: R002
  • 4-Digit Zip Code: 7415
  • Zip Code: 76009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,840
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 310,287
  • High Value: 379,207
  • Low Value: 241,368

    Market Valuation

  • Market Total Value: $209,263
  • Market Land Value: $44,100
  • Market Improvement Value: $165,163

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $209,263
  • Assessed Land Value: $44,100
  • Assessed Improvements Value: $165,163

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-18578
  • Previous Sale Recording Date: Aug 02, 2019
  • Previous Sale Contract Date: Jul 29, 2019
  • Previous Sale Amount: $190,900
  • 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:

$331,900

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

75

Average Home Size

2272 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

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NTREIS

Listed by: Cody Mills, KLM Real Estate
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14554611
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 6401 County Rd 313A built and last sold?
The property at 6401 County Rd 313A was built in 2018 and last sold on May 19, 2021 for $268,800.
How much is this home worth?
The estimated value of the home located at 6401 County Rd 313A is $276,245.
What are some comparable homes to 6401 County Rd 313A?
There are currently no comparable homes to 6401 County Rd 313A.
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