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Van Zandt 75124
851 Vz County Road 2924
$345,000
● Mobile Manufactured - Off Market

851 Vz County Road 2924

Eustace, TX 75124
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,560 Ft²
$1,898
Est. Monthly
6.39%
Cap Rate

About This Property

A RARE FIND! NICE 3-2 DOUBLEWIDE ON 10 HEAVILY WOODED ACRES. HAS 40 X 50 INSULATED METAL SHOP BUILDING WITH HALF BATH AND ADDITIONAL COVERED PORCH THE LENGTH OF SHOP. ALSO HAS 441 SQFT INSULATED METAL GARAGE. HOME HAS OPEN DESIGN WITH PRETTY KITCHEN, LARGE LIVING, MASTER BATH HAS SEPARATE TUB AND SHOWER, REFRIGERATOR, WASHER & DRYER TO REMAIN. WOODED ACREAGE WITH LOTS OF WILDLIFE. GREAT LOCATION, PEACE AND PRIVACY AS IT IS AT END OF DEAD END STREET. THIS PROPERTY IS AN ESTATE, THERE ARE NO DISCLOSURES, BUYER TO DO DUE DILIGENCE.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
10.05 acres
Price per sqft
$212
Property Type
Mobile Manufactured
Property Taxes
$272
HOA Dues
-
Year Built
2008

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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: 2 years ago (NTREIS #20766881)

Price History

Date / Event Date Event Price
Mar 12, 2025 Sold
Premium
Sold
Jan 28, 2025 In contract -
In contract
Jan 21, 2025 Relisted $331,000
Relisted
Nov 13, 2024 In contract -
In contract
Oct 30, 2024 Listed by Coldwell Banker American Dream $331,000
Listed by Coldwell Banker American Dream

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 4
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 438,126
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PURTIS CREEK ESTATES
  • Land Acres: 0000010058
  • Standard Land Use Code: 1006
  • County Land Use Code: E2
  • Mobile Home Indicator: T
  • Legal Description 1: ACRES: 10.058 BLK: LOT: 91-92 ADDN: PURTIS CREEK II REAL PROP

Neighborhood

  • School District Name: Canton Independent School District
  • School Tax School District: CANTON ISD
  • School Tax District Code 2: EM SRV DIST 3
  • Census Tract: 951001

Geography

  • Assessors Map Reference: MAP: 34B
  • Account Number: R000007759
  • Parcel: 016.2635.0000.0091.0000
  • Lot: 91-92
  • Municipality: EUSTACE
  • Latitude: 32.3809
  • Longitude: -95.9608

    Address

  • Full Address: 851 Vz County Road 2924
  • Address - House Number: 851
  • Address - Street Name: Vz County Road 2924
  • State: TX
  • City Name: Eustace
  • Carrier Code: R021
  • 4-Digit Zip Code: 6904
  • Zip Code: 75124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $67,260

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 460,105
  • High Value: 580,125
  • Low Value: 340,086

    Market Valuation

  • Market Total Value: $395,240
  • Market Land Value: $198,380
  • Market Improvement Value: $196,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,240
  • Assessed Land Value: $198,380
  • Assessed Improvements Value: $196,860

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 1988
  • Current Sale Recording Date: Jun 08, 1988
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 03, 1987
  • Previous Sale Contract Date: Jun 03, 1987
  • 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 Van Zandt

Stats & Trends

Median Asking:

$335,745

Sale Price/ft²

$181

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2145 ft²

Average Home Age

32.9 years

Currently For Sale

314 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: Buck Gentry, Coldwell Banker American Dream
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20766881
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 851 Vz County Rd 2924 built and last sold?
The property at 851 Vz County Rd 2924 was built in 2008 and last sold on Jun 8, 1988 for $0.
How much is this home worth?
The estimated value of the home located at 851 Vz County Rd 2924 is $0.
What are some comparable homes to 851 Vz County Rd 2924?
There are currently no comparable homes to 851 Vz County Rd 2924.
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