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Coffee City 75763
7183 Tanglewood Drive
$25,000
● House - Off Market

7183 Tanglewood Drive

Frankston, TX 75763
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,160 Ft²
$258
Est. Monthly
39.92%
Cap Rate

About This Property

Great fixer upper on two large lots with many shade trees and beautiful landscaping. Next to a small stream.  Just minutes from the lake and boat ramp in Brierwood Bay!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$30
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
1970

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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 #20289368)

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold
Premium
Sold
Mar 27, 2023 Listed by Fern Real Estate $35,000
Listed by Fern Real Estate

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 198
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,658
  • Total Building Area: 886
  • Gross Building Area: 886
  • Building Area: 886
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 886
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIERWOOD BAY (1264)
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: 573 AB 1 J M ACOSTA SUR, BRIERWOOD BAY SUBD, LTS 573-574

Neighborhood

  • School District Name: Brownsboro Independent School District
  • School Tax School District: BROWNSBORO ISD
  • Census Tract: 951403

Geography

  • Assessors Map Reference: 53X
  • Account Number: R000030565
  • Parcel: 2215-0000-5730-10
  • Lot: 573,574
  • Municipality: FRANKSTON
  • Latitude: 32.1463
  • Longitude: -95.4933

    Address

  • Full Address: 7183 Tanglewood Dr
  • Address - House Number: 7183
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Frankston
  • Carrier Code: R001
  • 4-Digit Zip Code: 3129
  • Zip Code: 75763

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,451
  • Tax Rate Code Area: BR,HC,HE,H

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 52,990
  • High Value: 62,878
  • Low Value: 43,101

    Market Valuation

  • Market Total Value: $123,624
  • Market Land Value: $7,000
  • Market Improvement Value: $116,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,975
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $116,624

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43
  • Previous Sale Recording Date: Jan 02, 2024
  • Previous Sale Contract Date: Apr 06, 2018
  • 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 Coffee City

Stats & Trends

Median Asking:

$371,500

Sale Price/ft²

$267

Below Asking

0.06%

Average Days on Market

121

Average Home Size

1250 ft²

Average Home Age

48 years

Currently For Sale

3 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 7476 Autumn Trail, Frankston, TX, 75763

$1,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,108 ft²
7476 Autumn Trail, Frankston, TX, 75763 Listing by Lisa Allsop

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kimberly Martin, Fern Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20289368
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7183 Tanglewood Drive built and last sold?
The property at 7183 Tanglewood Drive was built in 1970 and last sold on Dec 29, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 7183 Tanglewood Drive is $0.
What are some comparable homes to 7183 Tanglewood Drive?
There are currently no comparable homes to 7183 Tanglewood Drive.
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