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Cherokee 75766
703 CR 4501
$370,000
● House - Off Market

703 CR 4501

Jacksonville, TX 75766
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,579 Ft²
$529,843
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Phenomenal custom country home on just over 26 acres is over 2500 sf with 4 bedrooms, 2 bathrooms, plus a large bonus room. This home boasts a massive great room with soaring 15' ceilings. The kitchen is a cooks dream that includes a oversized duel fuel stainless steel range, farmhouse style sink, custom cabinets, soapstone countertops, subway tile backsplash with a huge antique wood island. All the bedrooms are generously sized with the master bedroom having a large 4 piece dual vanity ensuite with a walk-in closet. Home also has a wood burning fireplace with antique wood mantle, stained concrete floors, custom wood blinds throughout, tankless water heater, spray foam insulation and so much more. A Must See
Unit Size
2,579 Ft²
Days on Market
-
Land Size
26.49 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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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 #14322676)

Price History

Date / Event Date Event Price
May 8, 2020 Sold
Premium
Sold
Apr 15, 2020 Listed by Keller Williams Realty Tyler $374,900
Listed by Keller Williams Realty Tyler

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 251,995
  • Total Building Area: 2,400
  • Gross Building Area: 8,085
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WM A REEVES SURVEY A-746
  • Land Acres: 0000005785
  • Standard Land Use Code: 1008
  • County Land Use Code: E1Q
  • Legal Description 1: A 746 BLK 390 TR 8 & 8A WM A REEVES M07 & PT OF A 851 .045AC

Neighborhood

  • School District Name: Rusk Independent School District
  • Census Tract: 950100

Geography

  • Account Number: 000746-03900-0008000
  • Subdivision Tract Number: 8
  • Parcel: 117382000
  • Block: 390
  • Municipality: JACKSONVILLE
  • Latitude: 31.931
  • Longitude: -95.0613

    Address

  • Full Address: 703 County Road 4501
  • Address - House Number: 703
  • Address - Street Name: County Road 4501
  • State: TX
  • City Name: Jacksonville
  • Carrier Code: R005
  • 4-Digit Zip Code: 0716
  • Zip Code: 75766

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,844
  • Tax Rate Code Area: 15 16 37 L

    Appraisal Valuation

  • Standard Deviation: 0.2646
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 518,900
  • High Value: 656,216
  • Low Value: 381,584

    Market Valuation

  • Market Total Value: $360,120
  • Market Land Value: $26,980
  • Market Improvement Value: $333,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,120
  • Assessed Land Value: $26,980
  • Assessed Improvements Value: $333,140

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Cherokee

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

80

Average Home Size

2372 ft²

Average Home Age

-

Currently For Sale

72 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: Karl Crawford, Keller Williams Realty Tyler
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14322676
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 703 County Rd 4501 built and last sold?
The property at 703 County Rd 4501 was built in 2003 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 703 County Rd 4501 is $0.
What are some comparable homes to 703 County Rd 4501?
There are currently no comparable homes to 703 County Rd 4501.
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