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Ellis 76065
6450 Waterworks Road
$243,500
● House - Off Market

6450 Waterworks Road

Midlothian, TX 76065
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,624 Ft²
$350,517
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Come see this gem on 1 acre lot. This 4 bedroom 3 bath estate is a one of a kind find. Accessory building in the center of the lot has full electric ,perfect for a she shed, play room, man cave or storage building. NEW ROOF and the AC Unit was update with a 16 Seer. Come see this gem of a find and picture yourself enjoying the sunsets out on the desk.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$154
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1993

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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 #14311979)

Price History

Date / Event Date Event Price
Jun 1, 2020 Sold
Premium
Sold
Mar 27, 2020 Listed by Exalt Realty $250,000
Listed by Exalt Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 2
  • 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: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 2,024
  • Gross Building Area: 2,078
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J H SINGLETON
  • Land Acres: 0000001090
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 960 J H SINGLETON 1.09 AC

Neighborhood

  • School District Name: Midlothian Independent School District
  • Census Tract: 060802

Geography

  • Parcel: 190620
  • Lot: 960
  • Municipality: MIDLOTHIAN
  • Latitude: 32.4145
  • Longitude: -97.0176

    Address

  • Full Address: 6450 Waterworks Rd
  • Address - House Number: 6450
  • Address - Street Name: Waterworks
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Midlothian
  • Carrier Code: R004
  • 4-Digit Zip Code: 5846
  • Zip Code: 76065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $742,748
  • Tax Rate Code Area: 354

    Appraisal Valuation

  • Standard Deviation: 0.2652
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 62
  • Final Value: 381,039
  • High Value: 482,107
  • Low Value: 279,971

    Market Valuation

  • Market Total Value: $386,301
  • Market Land Value: $143,000
  • Market Improvement Value: $243,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,301
  • Assessed Land Value: $143,000
  • Assessed Improvements Value: $243,301

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2018292
  • Previous Sale Recording Date: May 18, 2018
  • Previous Sale Contract Date: May 11, 2018
  • Previous Sale Amount: $225,600
  • 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 Ellis

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$186

Above Asking

0.16%

Average Days on Market

76

Average Home Size

2593 ft²

Average Home Age

15.8 years

Currently For Sale

1270 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 713 Escapade Court, Midlothian, TX, 76065

$2,650 /mo

  • 4 Beds
  • 2 Baths
  • 2,316 ft²
713 Escapade Court, Midlothian, TX, 76065 Listing by Travis Crowe

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: John Morrison, Exalt Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14311979
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 6450 Waterworks Road built and last sold?
The property at 6450 Waterworks Road was built in 1993 and last sold on May 26, 2020 for $307,400.
How much is this home worth?
The estimated value of the home located at 6450 Waterworks Road is $0.
What are some comparable homes to 6450 Waterworks Road?
There are currently no comparable homes to 6450 Waterworks Road.
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