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Hunt 75453
7311 Hillside Drive
$325,000
● House - Off Market

7311 Hillside Drive

Lone Oak, TX 75453
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,138 Ft²
$344,048
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Don't miss this opportunity to own this wonderful property.Seller is motivated and will consider all reasonable offers at this time. Lake home on 0.73 acres,lovely Lake Tawakoni lakeviews,huge rear deck.Black Wrought Iron fence welcomes you to a covered front patio.Flexible split level floorplan w 3 split bedrooms,a Bunk Room plus a Roomy Loft area in huge bdrm.Unique finishes such as Rough hewn Cedar Wainscoting,100 year old Wood Industrial Style Shelf,80 year old Barn wood Accent wall in Living Area,Niches,Kitchen inc Huge Island with flagstone base,wooden top,46in Custom Cabinets,Exotic Granite Counter tops,Slate Backsplash,Hand Charred wood trim,Rustic Tin Ceiling, Propane Gas Range,Master Bath boasts flagstone topped garden tub,separate shower.Vinyl Plank Floors with carpeted bedrooms.Rear Privacy Fence.
Unit Size
2,138 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$152
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
2000

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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 #20183774)

Price History

Date / Event Date Event Price
Jan 23, 2023 Sold
Premium
Sold
Oct 11, 2022 Listed by BHHS A Action REALTORS $325,000
Listed by BHHS A Action REALTORS
Apr 12, 2019 No longer available -
No longer available
Feb 28, 2019 Price Decreased $189,000
↓ $10K (5%)
Price Decreased
Jan 15, 2019 Price Decreased $199,000
↓ $41K (17.1%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • 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: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 88
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,449
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,292
  • Gross Building Area: 2,292
  • Building Area: 2,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,292
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HILLS SEC 2
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S4758 ROLLING HILLS SEC 2 BLK N LOT 49 ACRES .2169

Neighborhood

  • School District Name: Lone Oak Independent School District
  • Census Tract: 960700

Geography

  • Assessors Map Reference: 296-G
  • Parcel: 77370
  • Block: N
  • Lot: 49
  • Municipality: LONE OAK
  • Latitude: 32.942
  • Longitude: -95.9826

    Address

  • Full Address: 7311 Hillside Cir
  • Address - House Number: 7311
  • Address - Street Name: Hillside
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Lone Oak
  • Carrier Code: R001
  • 4-Digit Zip Code: 5145
  • Zip Code: 75453

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,032
  • Tax Rate Code Area: SLO

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 325,347
  • High Value: 399,036
  • Low Value: 251,658

    Market Valuation

  • Market Total Value: $282,950
  • Market Land Value: $12,280
  • Market Improvement Value: $270,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,950
  • Assessed Land Value: $12,280
  • Assessed Improvements Value: $270,670

    Sales

  • Current Sale Contract Date: Jan 23, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1557
  • Previous Sale Recording Date: May 11, 2022
  • Previous Sale Contract Date: May 03, 2022
  • Previous Sale Amount: $190,274
  • Previous Sale Document Type: 69
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:

$287,900

Sale Price/ft²

$162

Below Asking

0.04%

Average Days on Market

82

Average Home Size

2003 ft²

Average Home Age

23.9 years

Currently For Sale

899 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 483 Rs County Road 1605, Point, TX, 75472

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
483 Rs County Road 1605, Point, TX, 75472 Listing by Amy Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Diana Sifuentes, BHHS A Action REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20183774
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7311 Hillside Drive built and last sold?
The property at 7311 Hillside Drive was built in 2000 and last sold on Jan 23, 2023 for $322,304.
How much is this home worth?
The estimated value of the home located at 7311 Hillside Drive is $328,911.
What are some comparable homes to 7311 Hillside Drive?
There are currently no comparable homes to 7311 Hillside Drive.
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