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Palo Pinto 76067
6465 Dobbs Valley Road
$635,000
● House - Off Market

6465 Dobbs Valley Road

Millsap, TX 76066
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,128 Ft²
$654,053
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

A country oasis close to the conveniences of town, this property is nestled neatly within a larger tract of land and boasts a fully fenced yard, chicken coop ready for a flock, large carport and a 30x50 spay foam insulated shop with heat and air, on demand water heater, full bath and kitchen area, The charming home is an open concept with vaulted ceilings and large windows to take in your surroundings, attached 23x32 covered patio is perfect for entertaining or porch swinging.  This is a rare opportunity to own such a secluded property, no HOA and no subdivision, must see to appreciate! Home has a 20 SEER+ AC and is fully foam encapsulated. Property is in both Mineral Wells and Millsap school districts
Unit Size
2,128 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$305
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
2015

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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 #20034557)

Price History

Date / Event Date Event Price
May 11, 2022 Sold
Premium
Sold
Apr 18, 2022 Listed by Coldwell Banker Realty $649,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • 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: 7
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,824
  • Gross Building Area: 3,824
  • Building Area: 3,824
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: KIDWELL ADDITION
  • Land Acres: 0000002000
  • Standard Land Use Code: 7000
  • County Land Use Code: E
  • Legal Description 1: AB 333 TR 5-1 W T MALONE G#10333-00-00050-001-00-0

Neighborhood

  • School District Name: Mineral Wells Independent School District
  • School Tax School District: MWI HPD ESD1
  • Census Tract: 000402

Geography

  • Account Number: R000564305
  • Subdivision Tract Number: 5-1
  • Parcel: 020761000
  • Municipality: MILLSAP
  • Latitude: 32.7355
  • Longitude: -98.0681

    Address

  • Full Address: 6465 Dobbs Valley Rd
  • Address - House Number: 6465
  • Address - Street Name: Dobbs Valley
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Millsap
  • Carrier Code: R003
  • 4-Digit Zip Code: 9629
  • Zip Code: 76066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $774,554
  • Tax Rate Code Area: CAD 182 MW

    Appraisal Valuation

  • Standard Deviation: 0.4348
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 312,719
  • High Value: 448,693
  • Low Value: 176,744

    Market Valuation

  • Market Total Value: $537,180
  • Market Land Value: $49,000
  • Market Improvement Value: $488,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $537,180
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $488,180

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: May 12, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3514
  • Previous Sale Recording Date: May 26, 2021
  • Previous Sale Contract Date: Mar 31, 2021
  • Previous Sale Document Type: 71
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 Palo Pinto

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2282 ft²

Average Home Age

-

Currently For Sale

292 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 Klapper, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20034557
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 6465 Dobbs Valley Road built and last sold?
The property at 6465 Dobbs Valley Road was built in 2015 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6465 Dobbs Valley Road is $0.
What are some comparable homes to 6465 Dobbs Valley Road?
There are currently no comparable homes to 6465 Dobbs Valley Road.
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