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Parker 76082
731 New Highland Road
$140,000
● Mobile Manufactured - Off Market

731 New Highland Road

Springtown, TX 76082
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,216 Ft²
$161,807
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

**BACK ON THE MARKET DUE TO BUYER FINANCING**Charming home on 2 acres in Springtown! Conveniently located near 199 for faster travels to town. This home offers updated floor plan with farm house features. Plenty of space for the family with 3 bedroom and 2 full bathrooms. Oversized master bedroom with his and her sinks in the mast bath. It is priced to sell and will not last long! May or may not go FHA due to gas lines serviced by gas company in back of lot. Home needs to be retrofitted if FHA. Seller is willing to negotiate that cost.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$115
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2019

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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: 6 months ago (NTREIS #14558304)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Apr 19, 2021 Listed by eXp Realty, LLC $140,000
Listed by eXp Realty, LLC
**BACK ON THE MARKET DUE TO BUYER FINANCING**Charming home on 2 acres in Springtown! Conveniently located near 199 for faster travels to town. This home offers updated floor plan with farm house features. Plenty of space for the family with 3 bedroom and 2 full bathrooms. Oversized master bedroom with his and her sinks in the mast bath. It is priced to sell and will not last long! May or may not go FHA due to gas lines serviced by gas company in back of lot. Home needs to be retrofitted if FHA. Seller is willing to negotiate that cost.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK MEADOWS
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: ACRES: 1.000 LOT: 7 SUBD: OAK MEADOWS PH I LABEL: NTA1829539 MODEL: 15X76

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140409

Geography

  • Assessors Map Reference: 427-L
  • Parcel: R000019597
  • Block: 1
  • Lot: 7
  • Municipality: SPRINGTOWN
  • Latitude: 32.9329
  • Longitude: -97.6425

    Address

  • Full Address: 731 New Highland Rd
  • Address - House Number: 731
  • Address - Street Name: New Highland
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Springtown
  • Carrier Code: R006
  • 4-Digit Zip Code: 7275
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $209,427
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 203,069
  • High Value: 256,251
  • Low Value: 149,888

    Market Valuation

  • Market Total Value: $135,880
  • Market Land Value: $85,000
  • Market Improvement Value: $50,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,880
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $50,880

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202130386
  • Previous Sale Recording Date: Nov 08, 2018
  • Previous Sale Contract Date: Sep 21, 2018
  • Previous Sale Amount: $1,500
  • Previous Sale Document Type: 64
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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2503 ft²

Average Home Age

-

Currently For Sale

1187 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 723 Highland Circle, Springtown, TX, 76082

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,848 ft²
723 Highland Circle, Springtown, TX, 76082 Listing by Gilda Brawley

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ashlee Munden, eXp Realty, LLC
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14558304
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 731 New Highland Road built and last sold?
The property at 731 New Highland Road was built in 2019 and last sold on Jul 30, 2021 for $139,300.
How much is this home worth?
The estimated value of the home located at 731 New Highland Road is $148,028.
What are some comparable homes to 731 New Highland Road?
There are currently no comparable homes to 731 New Highland Road.
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