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Johnson 76009
9720 County Road 519
$1,200,000
● House - Off Market

9720 County Road 519

Burleson, TX 76028
bedrooms
Studio
bathrooms
0 Bath
$9,092
Est. Monthly
1.02%
Cap Rate

About This Property

Just under 42 acres of quaint farmland that sits between Mansfield and  Burleson City limits. With two newly built 3+ acre ponds - enjoy the surroundings of privacy with Matured Oaks Trees.  Equipped with a partitioned 60X80 barn that houses an interior 60X20 upstairs (unfinished)so you can let your imaginations come to life with possible living quarters as well as an instant place to store all your Tractors and Big Toys. Land also has one 833 ft deep, fresh water well with 10 gpm pump for unlimited fresh water for the rest of your life. Also a shallow well (no pump) for cattle or irrigating the crops.  Don't miss out on an opportunity to own one of Johnson County's  Finest plots.
Unit Size
-
Days on Market
-
Land Size
41.76 acres
Price per sqft
-
Property Type
House
Property Taxes
$8
HOA Dues
-
Year Built
-

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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 #20490020)

Price History

Date / Event Date Event Price
May 14, 2024 Sold
Premium
Sold
May 5, 2024 In contract -
In contract
Dec 6, 2023 Listed by Bratton Real Estate $1,850,000
Listed by Bratton Real Estate

Property Highlights

Building Info

Overview

    General

  • 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 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: 1,819,066
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: V ANDERSON
  • Land Acres: 0000041760
  • Standard Land Use Code: 7002
  • County Land Use Code: D1
  • State Land Use Code: D1
  • Legal Description 1: ABST 1 TR 62A V ANDERSON

Neighborhood

  • School District Name: Alvarado Independent School District
  • School Tax School District: ALVARADO ISD
  • Census Tract: 130222

Geography

  • Assessors Map Reference: 126.0001.06081
  • Account Number: R000085667
  • Subdivision Tract Number: 62A
  • Parcel: 126-0001-06081
  • Municipality: BURLESON
  • Latitude: 32.5006
  • Longitude: -97.2036

    Address

  • Full Address: 9720 Cr 519
  • Address - House Number: 9720
  • Address - Street Name: Cr 519
  • State: TX
  • City Name: Burleson
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,458
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 4

    Market Valuation

  • Market Total Value: $334,080
  • Market Land Value: $334,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $334,080
  • Assessed Land Value: $334,080

    Sales

  • Current Sale Contract Date: Aug 15, 2016
  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-19975
  • Previous Sale Recording Date: Apr 18, 2006
  • Previous Sale Contract Date: Mar 29, 2006
  • Previous Sale Amount: $530,400
  • Previous Sale Document Type: 70
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 Johnson

Stats & Trends

Median Asking:

$334,999

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

73

Average Home Size

2257 ft²

Average Home Age

-

Currently For Sale

1111 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: Michael Jones, Bratton Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20490020
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 9720 County Rd 519 built and last sold?
The property at 9720 County Rd 519 was built in and last sold on Aug 15, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 9720 County Rd 519 is $0.
What are some comparable homes to 9720 County Rd 519?
There are currently no comparable homes to 9720 County Rd 519.
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