$585,000
●
Land -
Off Market
8661 N ST HWY 34
Oak Ridge, TX 75161
Studio
0 Bath
$647,723
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Secluded Acres Ranchette! This amazing 8.45 Acres covered in
historic oaks and majestic timbers making a privacy canopy. Between
Kaufman and Terrell on HWY 34, Oak Ridge TX. Just minutes from I
20-175 for easy commuting. This ranch offers gorgeous views out
every window. The Main House is a site built ranch home built in
2005 with over 3200 sf. It has plenty of room with 3 oversized
bedrooms, large master with a sitting area and 2.5 Bath. Dining
room, office, living room, family room with WB Fireplace, and sun
room. Home offers lots of storage, guest house 1-1 with living area
and room for kitchen. Both house and guest house open up to great
outdoor space and space and Shop Building
Unit Size
-
Days on Market
-
Land Size
8.49 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
-
Year Built
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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: 5 months ago (NTREIS #14654017)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by KW-Cedar Creek Lake Properties | $629,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
| | |||
|
Secluded Acres Ranchette! This amazing 8.45 Acres covered in historic oaks and majestic timbers making a privacy canopy. Between Kaufman and Terrell on HWY 34, Oak Ridge TX. Just minutes from I 20-175 for easy commuting. This ranch offers gorgeous views out every window. The Main House is a site built ranch home built in 2005 with over 3200 sf. It has plenty of room with 3 oversized bedrooms, large master with a sitting area and 2.5 Bath. Dining room, office, living room, family room with WB Fireplace, and sun room. Home offers lots of storage, guest house 1-1 with living area and room for kitchen. Both house and guest house open up to great outdoor space and space and Shop Building
| |||
| Jul 27, 2021 | Listed by KW-Cedar Creek Lake Properties | $629,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
| | |||
|
Secluded Acres Ranchette! This amazing 8.45 Acres covered in historic oaks and majestic timbers making a privacy canopy. Between Kaufman and Terrell on HWY 34, Oak Ridge TX. Just minutes from I 20-175 for easy commuting. This ranch offers gorgeous views out every window. The Main House is a site built ranch home built in 2005 with over 3200 sf. It has plenty of room with 3 oversized bedrooms, large master with a sitting area and 2.5 Bath. Dining room, office, living room, family room with WB Fireplace, and sun room. Home offers lots of storage, guest house 1-1 with living area and room for kitchen. Both house and guest house open up to great outdoor space and space and Shop Building
| |||
| Jul 9, 2017 | Listed | $399,900 | |
| Listed | |||
| | |||
|
Fabulous hard to find retreat on 8 beautifully treed acres with a private 784 SF guest house plus 200 SF storage, 28x28 workshop has electricity and water, greenhouse, pond and well. Great floorplan. Main house updates include granite counters, flooring, paint, windows, sunroom, appliances, private gate. Have your morning coffee and gatherings in the 14x17 sunroom with loads of windows to bring the natural light in. Picturesque backyard has stone pathways, covered patio, stained treated patio, custom decks, rolling landscape. Guest home has covered porch, 2 bedrooms with closets, living room and kitchen. Room to roam and enjoy the great outdoors, a garden, or even a horse! Close to highways and shopping.The manager has listed the unit size as 3278 square feet.
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Property Highlights
Parking Available
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Closing Price
Sold On
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HOA + Taxes
About Oak Ridge
Similar Homes for Sale
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Listed by: Valerie Bahm, KW-Cedar Creek Lake Properties
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14654017
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14654017
Details provided by NTREIS and may not match the public record
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