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Johnson 76009 The Homesteads
9116 County Road 513
$172,000
● Mobile Manufactured - Off Market

9116 County Road 513

Alvarado, TX 76009
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,568 Ft²
$167,261
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Investor Special, Fixer Upper. This home is located on 2.35 acres and fenced. NEW ROOF in April 2021! This home has 3 bedrooms, 2 full baths, large Living room and kitchen!

The home needs to be updated and some TLC and that has been reflected in the price of the home.  The home is fenced with horse panel fencing on the property. Seller will NOT be making any repairs to the home and buyer will have to purchase new survey if needed.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
2.35 acres
Price per sqft
$105
Property Type
Mobile Manufactured
Property Taxes
$112
HOA Dues
-
Year Built
1994

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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: 3 years ago (NTREIS #20012723)

Price History

Date / Event Date Event Price
Apr 27, 2022 Sold
Premium
Sold
Mar 18, 2022 Listed by Attorney Broker Services $165,000
Listed by Attorney Broker Services

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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
  • Living Units: 1
  • 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: 102,366
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEADS PHASE III
  • Land Acres: 0000002350
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 5C BLK 4 HOMESTEADS PHASE III S# PH059735A/B

Neighborhood

  • School District Name: Venus Independent School District
  • School Tax School District: VENUS ISD
  • Census Tract: 130411

Geography

  • Assessors Map Reference: 126.4460.00537
  • Account Number: R000059125
  • Parcel: 126-4460-00537
  • Block: 4
  • Lot: 5C
  • Municipality: ALVARADO
  • Latitude: 32.4881
  • Longitude: -97.1664

    Address

  • Full Address: 9116 County Road 513
  • Address - House Number: 9116
  • Address - Street Name: County Road 513
  • State: TX
  • City Name: Alvarado
  • Carrier Code: R005
  • 4-Digit Zip Code: 8737
  • Zip Code: 76009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,773
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2421
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 244,650
  • High Value: 303,883
  • Low Value: 185,417

    Market Valuation

  • Market Total Value: $194,430
  • Market Land Value: $117,500
  • Market Improvement Value: $76,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $194,430
  • Assessed Land Value: $117,500
  • Assessed Improvements Value: $76,930

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: Apr 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14775
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 The Homesteads

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2276 ft²

Average Home Age

22.7 years

Currently For Sale

3 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 2901 Fm 2738, Alvarado, TX, 76009

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,100 ft²
2901 Fm 2738, Alvarado, TX, 76009 Listing by Jonathan Cook

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lane Farr, Attorney Broker Services
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20012723
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 9116 County Rd 513 built and last sold?
The property at 9116 County Rd 513 was built in 1994 and last sold on Apr 26, 2022 for $180,720.
How much is this home worth?
The estimated value of the home located at 9116 County Rd 513 is $0.
What are some comparable homes to 9116 County Rd 513?
There are currently no comparable homes to 9116 County Rd 513.
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