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Parker 76035
8989 Adams Circle
$171,000
● House - Off Market

8989 Adams Circle

Cresson, TX 76035
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,056 Ft²
$1,019
Est. Monthly
12.11%
Cap Rate

About This Property

This 3-bedroom, 2-bath home on just over a quarter-acre has been fully remodeled and is move-in ready. The updates shine with granite countertops, new flooring, and fresh paint throughout. The kitchen offers plenty of counter space and a clean, modern feel.The primary suite features a beautifully updated walk-in shower, while the second bathroom has also been refreshed. Both additional bedrooms are comfortable and move-in ready.Outside, there's plenty of yard space to enjoy. Conveniently located in Cresson with easy access to Fort Worth, Granbury, and Weatherford.

Come take a look!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$166
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1983

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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: 2 years ago (NTREIS #20831975)

Price History

Date / Event Date Event Price
Mar 3, 2025 Sold
Premium
Sold
Feb 12, 2025 In contract -
In contract
Jan 31, 2025 Listed by Home Grown Group Realty, LLC $175,000
Listed by Home Grown Group Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,915
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PONDEROSA HILLS
  • Land Acres: 0000000296
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 18 BLK: 1 SUBD: PONDEROSA HILLS

Neighborhood

  • School District Name: Weatherford Independent School District
  • School Tax School District: JR COLLEGE DIST
  • Census Tract: 140604

Geography

  • Assessors Map Reference: 594-Q
  • Parcel: R000021117
  • Block: 1
  • Lot: 18
  • Municipality: CRESSON
  • Latitude: 32.5657
  • Longitude: -97.675

    Address

  • Full Address: 8989 Adams Cir
  • Address - House Number: 8989
  • Address - Street Name: Adams
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Cresson
  • Carrier Code: R001
  • 4-Digit Zip Code: 3104
  • Zip Code: 76035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,289
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: LTR WE

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 391,503
  • High Value: 474,253
  • Low Value: 308,753

    Market Valuation

  • Market Total Value: $118,050
  • Market Land Value: $25,000
  • Market Improvement Value: $93,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,050
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $93,050

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26845
  • Previous Sale Recording Date: Jul 15, 2022
  • Previous Sale Contract Date: Jul 12, 2022
  • Previous Sale Document Type: 71
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

77

Average Home Size

2493 ft²

Average Home Age

-

Currently For Sale

1226 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: Joshua Shelton, Home Grown Group Realty, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20831975
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8989 Adams Circle built and last sold?
The property at 8989 Adams Circle was built in 1983 and last sold on Jul 14, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 8989 Adams Circle is $0.
What are some comparable homes to 8989 Adams Circle?
There are currently no comparable homes to 8989 Adams Circle.
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