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Collin 75424
7997 County Road 832
$430,000
● House - Off Market

7997 County Road 832

Blue Ridge, TX 75424
bedrooms
5 Beds
bathrooms
0 Bath
square feet
3,733 Ft²
$568,441
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

~Glorious, Peaceful, Serene~ Remarkable estate in scenic Blue Ridge countryside w Guest House! 3.8 fenced Acres w miles of clear calming serenity, sunrises & sunsets! Bright, open & spacious 1-story split living design w fabulous finishes, Cstm Cbnts, BIG Game Rm w Bar, Study, jetted tub & sep seated shower, split vanities w vessel sinks, SS appls, travertine B-splash, 42" Oak cbnts, double basin corner Kitch sink, Ut Rm w sink & cbnts & MORE! Charming 1152 SqFt GUEST HOUSE w lovely finishes, sep mailing address & utilities, WD hook-ups, propane, 2 Lg BRs, 2 full Baths & lots of storage - perfect for family OR to RENT! Minutes to Historic McKinney and delightfully blossoming Melissa! Take Me Home Country Roads!
Unit Size
3,733 Ft²
Days on Market
-
Land Size
3.80 acres
Price per sqft
$111
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
2004

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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 #14380719)

Price History

Date / Event Date Event Price
Aug 3, 2020 Sold
Premium
Sold
Jul 6, 2020 Listed by Keller Williams Realty Allen $415,000
Listed by Keller Williams Realty Allen

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 5
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 522
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 165,528
  • Total Building Area: 3,731
  • Gross Building Area: 3,731
  • Building Area: 2,633
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,633
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALDASTA COUNTRY ESTATES
  • Land Acres: 0000003800
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: VALDASTA COUNTRY ESTATES, LOT 3

Neighborhood

  • School District Name: Blue Ridge Independent School District
  • School Tax School District: BLUE RIDGE ISD
  • Census Tract: 030101

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 31-M
  • Parcel: R-4453-000-0030-1
  • Lot: 3
  • Municipality: COLLIN
  • Latitude: 33.2921
  • Longitude: -96.4638

    Address

  • Full Address: 7997 County Road 832
  • Address - House Number: 7997
  • Address - Street Name: County Road 832
  • State: TX
  • City Name: Blue Ridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 3955
  • Zip Code: 75424

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $668,826
  • Tax Rate Code Area: SBL

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 581,166
  • High Value: 701,258
  • Low Value: 461,074

    Market Valuation

  • Market Total Value: $449,461
  • Market Land Value: $76,000
  • Market Improvement Value: $373,461

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,461
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $373,461

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20200805001252920
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Contract Date: Mar 24, 2016
  • Previous Sale Amount: $368,200
  • Previous Sale Document Type: 70
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 Collin

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$202

Above Asking

0.03%

Average Days on Market

72

Average Home Size

2711 ft²

Average Home Age

14 years

Currently For Sale

6396 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

Rentals Near You

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NTREIS

Listed by: Trent Yonkers, Keller Williams Realty Allen
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14380719
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7997 County Rd 832 built and last sold?
The property at 7997 County Rd 832 was built in 2004 and last sold on Aug 3, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 7997 County Rd 832 is $419,150.
What are some comparable homes to 7997 County Rd 832?
There are currently no comparable homes to 7997 County Rd 832.
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