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Parker 76082
8859 B Hutcheson Hill Road
$80,000
● Land - Off Market

8859 B Hutcheson Hill Road

Springtown, TX 76082
bedrooms
Studio
bathrooms
0 Bath
$106,975
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

2.010 beautiful acres ready to build your dream home. This lot has the perfect amount of trees and a beautiful view! Bring your own house plans or pick one of the builders custom plans!!
Unit Size
-
Days on Market
-
Land Size
2.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021

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 #14229095)

Price History

Date / Event Date Event Price
Oct 6, 2020 Sold
Premium
Sold
Nov 18, 2019 Listed by Weichert, REALTORS, Team Realty, Springtown $80,000
Listed by Weichert, REALTORS, Team Realty, Springtown

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 850
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 3,578
  • Gross Building Area: 3,578
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUTCHESON OAKS PH III
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ACRES: 2.010 LOT: 4 BLK: 1 SUBD: HUTCHESON OAKS PH III

Neighborhood

  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140410

Geography

  • Assessors Map Reference: J-7
  • Parcel: R000108273
  • Block: 1
  • Lot: 4
  • Municipality: SPRINGTOWN
  • Latitude: 32.9405
  • Longitude: -97.7272

    Address

  • Full Address: 8859 Hutcheson Hill Rd
  • Address - House Number: 8859
  • Address - Street Name: Hutcheson Hill
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Springtown
  • Carrier Code: R013
  • 4-Digit Zip Code: 6556
  • Zip Code: 76082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $926,627
  • Tax Rate Code Area: LTR SP

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 672,101
  • High Value: 830,035
  • Low Value: 514,168

    Market Valuation

  • Market Total Value: $767,470
  • Market Land Value: $110,000
  • Market Improvement Value: $657,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,210

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202033719
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

76

Average Home Size

2500 ft²

Average Home Age

-

Currently For Sale

1214 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

Unit for rent at 109 N Park Ct, Springtown, TX, 76082

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,366 ft²
109 N Park Ct, Springtown, TX, 76082 Listing by John Steffen

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brittany Pitts, Weichert, REALTORS, Team Realty, Springtown
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14229095
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8859 Hutcheson Hill Road built and last sold?
The property at 8859 Hutcheson Hill Road was built in 2021 and last sold on Oct 5, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 8859 Hutcheson Hill Road is $0.
What are some comparable homes to 8859 Hutcheson Hill Road?
There are currently no comparable homes to 8859 Hutcheson Hill Road.
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