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Parker 76082
850 Peel Road
$415,000
● House - Off Market

850 Peel Road

Springtown, TX 76082
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,056 Ft²
$629,205
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

HORSE LOVERS DREAM! Very unique property and perfect country set up. This home is 4 bedroom 2 and a half bath with two seperate living areas, it has a beautfiful sun room over looking the underground pool and the perfect patio to enterain guest. This 3,056 SqFt home is accompanied by a 9,000 SqFt barn. Fenced and cross fenced sitting on a beautiful 15 Acres. The barn is equipped with 8 stalls, and 4 over sized runs. Living quarters Bunk House inside the barn along with a wash bay and several feed and tack rooms. Open pasture in the back perfect for grazing and a nice return alley. Great all around piece of property!
Unit Size
3,056 Ft²
Days on Market
-
Land Size
15.00 acres
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

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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 #14256403)

Price History

Date / Event Date Event Price
Mar 19, 2020 Sold
Premium
Sold
Jan 9, 2020 Listed by Weichert, REALTORS, Team Realty, Springtown $440,000
Listed by Weichert, REALTORS, Team Realty, Springtown

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • 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 Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 1
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 3,056
  • Gross Building Area: 3,056
  • Building Area: 3,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN MEADOWS II
  • Land Acres: 0000001080
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 1.080 LOT: PT 14 SUBD: GREEN MEADOWS II

Neighborhood

  • School District Name: Springtown Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140403

Geography

  • Assessors Map Reference: 402-E
  • Account Number: 1288100101420
  • Subdivision Tract Number: 14-B
  • Parcel: R000009181
  • Block: 1
  • Lot: 14
  • Municipality: SPRINGTOWN
  • Latitude: 33.0005
  • Longitude: -97.6974

    Address

  • Full Address: 850 Peel Rd
  • Address - House Number: 850
  • Address - Street Name: Peel
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Springtown
  • Carrier Code: R012
  • 4-Digit Zip Code: 3152
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $561,684
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 610,167
  • High Value: 750,442
  • Low Value: 469,892

    Market Valuation

  • Market Total Value: $364,430
  • Market Land Value: $32,400
  • Market Improvement Value: $332,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,430
  • Assessed Land Value: $32,400
  • Assessed Improvements Value: $332,030

    Sales

  • Current Sale Contract Date: Jan 26, 2009
  • Current Sale Recording Date: Mar 03, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 706404
  • Previous Sale Recording Date: Apr 10, 1987
  • Previous Sale Contract Date: Apr 10, 1987
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2506 ft²

Average Home Age

-

Currently For Sale

1179 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: Brittany Pitts, Weichert, REALTORS, Team Realty, Springtown
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14256403
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 850 Peel Road built and last sold?
The property at 850 Peel Road was built in 1975 and last sold on Jan 26, 2009 for $440,600.
How much is this home worth?
The estimated value of the home located at 850 Peel Road is $0.
What are some comparable homes to 850 Peel Road?
There are currently no comparable homes to 850 Peel Road.
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