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Briar 76020
7048 Allyn Drive
$280,000
● House - Off Market

7048 Allyn Drive

Azle, TX 76020
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,692 Ft²
$1,436
Est. Monthly
$12
HOA / Fees
8.24%
Cap Rate

About This Property

Welcome to your cozy lakeside retreat! Need space to park your boat, tinker or create? You'll love the insulated shop with electricity and AC, plus an additional workshop and ample parking. This charming 3 bed, 2 bath home is just a short stroll from Eagle Mountain Lake, offering easy access to boating and fishing fun. Inside, you'll find spacious bedrooms, two living areas, and updated bathrooms and kitchen with granite countertops. Step outside to enjoy the large wooden patio, fenced yard with mature trees, and a fire pit perfect for gatherings. Don't miss out on this opportunity to own a piece of lakeside paradise. Schedule your showing today before it's gone!
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
$12
Year Built
1985

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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 #20597652)

Price History

Date / Event Date Event Price
Oct 21, 2024 Sold
Premium
Sold
Sep 24, 2024 In contract -
In contract
Sep 10, 2024 Price Decreased $290,000
↓ $10K (3.3%)
Price Decreased
Aug 22, 2024 Relisted $299,990
Relisted
Aug 15, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,287
  • Total Building Area: 1,692
  • Gross Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: M E P & P RR CO SURVEY
  • Land Acres: 0000000328
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: M E P & P RR CO SURVEY #33 ABSTRACT 1141 TRACT 5G34

Neighborhood

  • School District Name: Azle Independent School District
  • School Tax School District: AZLE
  • Census Tract: 114203

Geography

  • Assessors Map Reference: MAP 1994-472
  • Account Number: 04066359
  • District: 000
  • Subdivision Tract Number: 5G34
  • Parcel: 04066359
  • Municipality: TARRANT COUNTY
  • Latitude: 32.9731
  • Longitude: -97.5183

    Address

  • Full Address: 7048 Allyn Dr
  • Address - House Number: 7048
  • Address - Street Name: Allyn
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Azle
  • Carrier Code: R002
  • 4-Digit Zip Code: 5732
  • Zip Code: 76020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $133,015
  • Tax Rate Code Area: 915

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 343,994
  • High Value: 422,258
  • Low Value: 265,730

    Market Valuation

  • Market Total Value: $287,379
  • Market Land Value: $49,200
  • Market Improvement Value: $238,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,379
  • Assessed Land Value: $49,200
  • Assessed Improvements Value: $238,179

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2002
  • Current Sale Recording Date: Jun 01, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Previous Sale Recording Date: Jun 24, 1999
  • Previous Sale Contract Date: Jun 11, 1999
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 40
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 Briar

Stats & Trends

Median Asking:

$519,990

Sale Price/ft²

$224

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2369 ft²

Average Home Age

14.4 years

Currently For Sale

56 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 185 County Road, Azle, TX, 76020

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,980 ft²
185 County Road, Azle, TX, 76020 Listing by Maribel Motenehua

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Levi Adler, Keller Williams Heritage West
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20597652
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7048 Allyn Drive built and last sold?
The property at 7048 Allyn Drive was built in 1985 and last sold on May 24, 2002 for $96,500.
How much is this home worth?
The estimated value of the home located at 7048 Allyn Drive is $0.
What are some comparable homes to 7048 Allyn Drive?
There are currently no comparable homes to 7048 Allyn Drive.
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