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Hunt 75423
7218 County Road 1145
$1,200,000
● House - Off Market

7218 County Road 1145

Leonard, TX 75452
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,378 Ft²
$1,343,052
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

22 Fenced and gated acres with 2 ponds included in this modern main house and beautiful guest house. New HVAC system with modern ducting, stained concrete floors, open concept, new paint, generators recently serviced. Cool off in the refreshing pool in the backyard. Guest house has gleaming wood floors, stainless steel appliances and is light and bright. Set up as a 2 bedroom but can be made into a 3 bedroom. Nice walk-in shower. Enjoy a coffee on the covered porch in the back. Guest house includes a 1 car garage. Main house includes solar panels that aid in lower electric bills. 4 covered parking spots, 3 with the main and 1 with the guest. Tractor is negotiable with sale. **2 property parcel ID's. The 2 properties are to be sold as 1.  View video of the property and surrounding area.
Unit Size
3,378 Ft²
Days on Market
-
Land Size
22.27 acres
Price per sqft
$385
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
2014

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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 #20119203)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Aug 4, 2022 Listed by EXP REALTY $1,299,000
Listed by EXP REALTY

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 980,100
  • Total Building Area: 3,378
  • Gross Building Area: 3,378
  • Building Area: 3,378
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: MOORE MARTIN
  • Land Acres: 0000022500
  • Standard Land Use Code: 2000
  • County Land Use Code: E3
  • State Land Use Code: E3
  • Legal Description 1: A0754 MOORE MARTIN,TRACT F8, ACRES 22.5,(ALSO IN A0753 A0760)

Neighborhood

  • School District Name: Leonard Independent School District
  • Census Tract: 960300

Geography

  • Assessors Map Reference: 3-F
  • Subdivision Tract Number: F8
  • Parcel: 31218
  • Lot: F8
  • Municipality: LEONARD
  • Latitude: 33.3372
  • Longitude: -96.2288

    Address

  • Full Address: 7218 County Road 1145
  • Address - House Number: 7218
  • Address - Street Name: County Road 1145
  • State: TX
  • City Name: Leonard
  • Carrier Code: R004
  • 4-Digit Zip Code: 6104
  • Zip Code: 75452

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $956,980
  • Tax Rate Code Area: HHO

    Market Valuation

  • Market Total Value: $892,700
  • Market Land Value: $358,960
  • Market Improvement Value: $533,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,340
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $533,740

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20842
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 Hunt

Stats & Trends

Median Asking:

$288,500

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

81

Average Home Size

2009 ft²

Average Home Age

23.2 years

Currently For Sale

866 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 250 Alondrita Street, Celeste, TX, 75423

$2,650 /mo

  • 4 Beds
  • 2 Baths
  • 1,800 ft²
250 Alondrita Street, Celeste, TX, 75423 Listing by Vivian Salas

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: James Sharp, EXP REALTY
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20119203
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7218 County Rd 1145 built and last sold?
The property at 7218 County Rd 1145 was built in 2014 and last sold on Aug 31, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 7218 County Rd 1145 is $0.
What are some comparable homes to 7218 County Rd 1145?
There are currently no comparable homes to 7218 County Rd 1145.
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