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Young 76450
692 Rocky Mound Road
$220,000
● House - Off Market

692 Rocky Mound Road

Graham, TX 76450
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,592 Ft²
$308,455
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Brick Two Bedroom Two Bath total electric home built in 1996. This country home is tucked away from the main road; the house sits higher on the property to show the beautiful sunrises. This home has space for some stock especially since a nice tank sits behind the property. Peace and quite for this country home lends to space to BREATH. Seller is adding 19 acres to this property with a new survey; total Acreage is more or less 20 acres. Home has a Workshop with electricity; a water well supplies all the water for this home.
Unit Size
1,592 Ft²
Days on Market
-
Land Size
20.00 acres
Price per sqft
$138
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996

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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: 3 years ago (NTREIS #14300213)

Price History

Date / Event Date Event Price
Jun 17, 2020 Sold
Premium
Sold
Mar 9, 2020 Listed by United Real Estate $220,000
Listed by United Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Condition: 2
  • 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: 1
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,401
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J POITEVENT SURVEY NO 3 ABSTRACT NO 228
  • Land Acres: 0000001180
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: J POINTEVENT - A-0228

Neighborhood

  • School District Name: Graham Independent School District
  • Census Tract: 950401

Geography

  • Parcel: 17335
  • Municipality: GRAHAM
  • Latitude: 33.1646
  • Longitude: -98.4955

    Address

  • Full Address: 692 Rocky Mound Rd
  • Address - House Number: 692
  • Address - Street Name: Rocky Mound
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Graham
  • Carrier Code: R001
  • 4-Digit Zip Code: 6223
  • Zip Code: 76450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,904
  • Tax Rate Code Area: GH GISD NC

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 12
  • Final Value: 151,979
  • High Value: 218,785
  • Low Value: 85,172

    Market Valuation

  • Market Total Value: $159,610
  • Market Land Value: $10,620
  • Market Improvement Value: $148,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,610
  • Assessed Land Value: $10,620
  • Assessed Improvements Value: $148,990

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20001532
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 Young

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$148

Below Asking

0.04%

Average Days on Market

81

Average Home Size

2033 ft²

Average Home Age

51.3 years

Currently For Sale

78 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: Dortheia Henderson, United Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14300213
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 692 Rocky Mound Road built and last sold?
The property at 692 Rocky Mound Road was built in 1996 and last sold on Jun 17, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 692 Rocky Mound Road is $0.
What are some comparable homes to 692 Rocky Mound Road?
There are currently no comparable homes to 692 Rocky Mound Road.
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