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Johnson 76033 The Retreat
8320 Southerness Lane
$25,000
● Land - Off Market

8320 Southerness Lane

Cleburne, TX 76033
bedrooms
Studio
bathrooms
0 Bath
$32,337
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Excellent Lot, ONE-THIRD acre in the beautiful gated community of 'The Retreat' just 10 min from Cleburne and 30 min to Ft Worth. Features golf, tennis, gym, 2 pools, playground, gorgeous clubhouse with restaurant, fishing, scenic walking- hiking trails. Many builders available with custom floor plans or design your next home, min 2000sf. If you haven't been to The Retreat, it's worth the visit. The land is breathtaking, the clubhouse and amenities are amazing. Beautiful lot is partially treed and backs to a revine. Build your dream home now, or wait, no time restrictions.  Great for weekend getaway or full-time living! Free golf passes for being an owner even if you don't live there. Low taxes.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$13
HOA Dues
$50
Year Built
-

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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 #14692461)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Oct 17, 2021 Listed by Keller Williams Realty DPR $29,000
Listed by Keller Williams Realty DPR

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 4,182
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE RETREAT PHASE 4
  • Land Acres: 0000000096
  • Standard Land Use Code: 8008
  • County Land Use Code: C3
  • State Land Use Code: C3
  • Legal Description 1: LOT 16 PT BLK 39 THE RETREAT PHASE 4 126.4262.39160 OTHER ISD

Neighborhood

  • School District Name: Cleburne Independent School District
  • School Tax School District: CLEBURNE ISD
  • Census Tract: 130602

Geography

  • Assessors Map Reference: 126.2972.39160
  • Account Number: R000079817
  • Parcel: 126-2972-39160
  • Block: 39
  • Lot: 16
  • Municipality: CLEBURNE
  • Latitude: 32.1935
  • Longitude: -97.5017

    Address

  • Full Address: 8320 Southerness Ln
  • Address - House Number: 8320
  • Address - Street Name: Southerness
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Cleburne
  • Zip Code: 76033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,296
  • Tax Rate Code Area: 4

    Market Valuation

  • Market Total Value: $7,830
  • Market Land Value: $7,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,830
  • Assessed Land Value: $7,830

    Sales

  • Current Sale Contract Date: Feb 26, 2018
  • Current Sale Recording Date: Feb 27, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-04954
  • Previous Sale Recording Date: Jan 04, 2005
  • Previous Sale Contract Date: Oct 16, 2004
  • 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 The Retreat

Stats & Trends

Median Asking:

$567,450

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

74

Average Home Size

3104 ft²

Average Home Age

12 years

Currently For Sale

6 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: Lori Ward, Keller Williams Realty DPR
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14692461
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8320 Southerness Lane built and last sold?
The property at 8320 Southerness Lane was built in and last sold on Feb 26, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 8320 Southerness Lane is $0.
What are some comparable homes to 8320 Southerness Lane?
There are currently no comparable homes to 8320 Southerness Lane.
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