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Kaufman 75160 South Ridge
8779 Cottonwood Lane
$169,900
● Mobile Manufactured - Off Market

8779 Cottonwood Lane

Terrell, TX 75160
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,792 Ft²
$176,703
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

CASH ONLY!!! THIS IS A TOTAL REHAB PROPERTY. NEEDS HVAC, ROOF, APPLIANCES, COSMETIC WORK, FLOORING.  BRING YOUR IDEAS INTO THIS

HOME AND MAKE IT YOUR OWN.  THIS PROPERTY HAS MATURE TREES A COVERED ATTACHED CARPORT AND STORAGE BUILDING ON 1.410 ACRES.

HURRY BEFORE ITS TOO LATE.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$95
Property Type
Mobile Manufactured
Property Taxes
$99
HOA Dues
-
Year Built
1993

Payment Calculator

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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 #20151624)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Aug 29, 2022 Listed by Coldwell Banker Apex, REALTORS $169,900
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,420
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRUSHY CREEK SUBDIVISION
  • Land Acres: 0000001410
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: BRUSHY CREEK SUBDIVISION, LOT 23; & OUTBUILDINGS

Neighborhood

  • School District Name: Terrell Independent School District
  • Census Tract: 050701

Geography

  • Assessors Map Reference: 17-L
  • Parcel: 19779
  • Lot: 23
  • Municipality: TERRELL
  • Latitude: 32.6832
  • Longitude: -96.3584

    Address

  • Full Address: 8779 Cottonwood Ln
  • Address - House Number: 8779
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Terrell
  • Carrier Code: R007
  • 4-Digit Zip Code: 7411
  • Zip Code: 75160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $143,945
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: TV

    Appraisal Valuation

  • Standard Deviation: 0.2022
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 72
  • Final Value: 154,209
  • High Value: 185,391
  • Low Value: 123,028

    Market Valuation

  • Market Total Value: $90,755
  • Market Land Value: $65,000
  • Market Improvement Value: $25,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,755
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $25,755

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 36305
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 South Ridge

Stats & Trends

Median Asking:

$740,000

Sale Price/ft²

$163

Above Asking

0.00%

Average Days on Market

72

Average Home Size

2882 ft²

Average Home Age

10 years

Currently For Sale

1 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: Penny Loer, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20151624
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8779 Cottonwood Lane built and last sold?
The property at 8779 Cottonwood Lane was built in 1993 and last sold on Sep 16, 2022 for $106,400.
How much is this home worth?
The estimated value of the home located at 8779 Cottonwood Lane is $0.
What are some comparable homes to 8779 Cottonwood Lane?
There are currently no comparable homes to 8779 Cottonwood Lane.
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