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Kaufman 75142
7499 County Road 118
$265,000
● House - Off Market

7499 County Road 118

Kaufman, TX 75142
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,152 Ft²
$312,867
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Bring All Offers!! 11 Prime Acres in Kaufman County with a Cute Farmhouse. Every inch is used for a great floor plan. Nice size rooms. All neutral colors. Presently land used for Hay Production. AG Exempt! Awesome location, close to I20 for commuters. Super spot to build a Dream Home and have a Guest Quarters.  

Schedule A Showing Today! This Will Not Last Long!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$260
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1988

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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 #20085846)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 17, 2023 Listed by Premier Legacy Real Estate LLC $349,900
Listed by Premier Legacy Real Estate LLC
Welcome Home To Country Living At Its Finest!11 Prime Acres in Kaufman County with a Cute Farmhouse. Every inch is used for a great floor plan. Nice size rooms. All neutral colors. Presently land used for Hay Production. AG Exempt! Awesome location, close to I20 for commuters. Super spot to build a Dream Home and have a Guest Quarters. 5K To Buyer For Carpet Allowance! New Windows, Updated Bathroom, Foundation Repair in 2022 and Fresh Paint! Schedule A Showing Today! This Will Not Last Long!
Oct 5, 2022 Sold
Premium
Sold
Jun 14, 2022 Listed by Premier Legacy Real Estate LLC $299,000
Listed by Premier Legacy Real Estate LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: FELIX STEPHENSON
  • Land Acres: 0000010000
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: FELIX STEPHENSON, TRACT 30.05; 10.0 ACRES

Neighborhood

  • School District Name: Kaufman Independent School District
  • Census Tract: 050704

Geography

  • Assessors Map Reference: 24-B
  • Subdivision Tract Number: 30.05
  • Parcel: 13277
  • Municipality: KAUFMAN
  • Latitude: 32.583
  • Longitude: -96.1165

    Address

  • Full Address: 7499 County Road 118
  • Address - House Number: 7499
  • Address - Street Name: County Road 118
  • State: TX
  • City Name: Kaufman
  • Carrier Code: R004
  • 4-Digit Zip Code: 7031
  • Zip Code: 75142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,622
  • Tax Rate Code Area: TV

    Market Valuation

  • Market Total Value: $337,083
  • Market Land Value: $249,999
  • Market Improvement Value: $87,084

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,083
  • Assessed Land Value: $249,999
  • Assessed Improvements Value: $87,084

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 23598
  • Previous Sale Recording Date: Oct 05, 2022
  • Previous Sale Contract Date: Oct 05, 2022
  • Previous Sale Amount: $334,827
  • Previous Sale Document Type: 27
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 Kaufman

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$159

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2247 ft²

Average Home Age

13.3 years

Currently For Sale

1453 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

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NTREIS

Listed by: Kim Bigley, Premier Legacy Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20085846
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7499 County Rd 118 built and last sold?
The property at 7499 County Rd 118 was built in 1988 and last sold on Aug 21, 2023 for $422,009.
How much is this home worth?
The estimated value of the home located at 7499 County Rd 118 is $347,156.
What are some comparable homes to 7499 County Rd 118?
There are currently no comparable homes to 7499 County Rd 118.
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