$95,000
●
Land -
Off Market
735 Wilderness Trail
Royse City, TX 75189
Studio
0 Bath
$146,377
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
This is a very level open lot for a very nice building site with
trees along the back side. It is irregularly shaped on a
curve in the front and widening to more than double in the back.
It is approximately 2 acres in size with excellent road
frontage and a water hydrant at the front right corner. The
neighborhood is in an HOA which offers a park, playground, picnic
area, plus a private lake with fishing pier. This quiet rural
subdivision has many custom houses already built on acreage lots.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$106
HOA Dues
$25
Year Built
2023
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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 #14205448)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by JPAR Dallas | $899,000 | |
| Listed by JPAR Dallas | |||
| | |||
|
LUXURY! LUXURY! LUXURY! Builder offering $20K credit to buyer. Spectacular Custom Modern Farmhouse with high-end finishes, 2 Acres, High Point Ranch Sub. This home will feature beautiful white exterior brick, black roof, large windows, front porch, large covered back patio area to enjoy outdoor living with fireplace. Open concept floor plan, master suite, and 3 other bedrooms that are split downstairs. Large kitchen with island, breakfast area, large pantry, formal dining, spacious living room with wood-burning fireplace, and lots of natural light. Upstairs features an oversized game room and bonus room, 5th bedroom with full bath. Upgraded appliances, under cabinet lighting, granite countertops, wood flooring, free standing master tub, shower, and custom tile throughout. There is still time to customize this home structurally and with finishes. Builder offers a superior home warranty by StrucSure, the best in the industry. THERE IS STILL TIME FOR BUYER TO SELECT FINISHES
| |||
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Keller Williams Rockwall | $225,000 | |
| Listed by Keller Williams Rockwall | |||
| | |||
|
Beautiful 2 acre homesite backs to heavily treed acreage for added privacy. Bring your builder and your vision and build your perfect home in this stunning country setting still close to many fabulous restaurants, shopping, etc.
| |||
| Nov 13, 2019 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Rockwall
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Listed by: Tom Moran, Whitehouse Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14205448
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14205448
Details provided by NTREIS and may not match the public record
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