5049 N US Highway 281

Stephenville, TX 76401
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Sold
Sold
$482,001 - $552,000
Sold on May 03, 2024
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5,928 Sqft.
2.41 Lot Acres
Multi-Family - 5 Plus

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$590K
AVM Value
$490K
AVM Value
$401K
Value Range
$507K - $673K
Value Range
$490K - $490K
Value Range
$ 400,530
Confidence Score
86%

Margin of Error*: 14%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Unique income producing property! 2.412 acres with a 3-bedroom, 1-bath house offering 1,548 sqft of living space. 4,650 sqft shop has been converted into separate living spaces. The first unit offers a living room, separate bedroom and full bath; the 2nd unit consist of a bedroom and full bath, while the last two bedrooms share a full bath. Each unit has access to the shared kitchen, the remaining shop is divided into 3 bays all with large roll up doors. The back corner of the property has another 2 units both offering a living area, kitchen, separate bedroom and a full bath. There is also another 2-bay shop on the property. So much potential in the property, manage and maintain what is here or come in and change things up to best benefit you. Located on the highly traveled Hwy 281 just a short distance outside the city limits; equipped with a water well and 2 septic systems. Don't let this opportunity pass you by!

MLS#
NTREIS-20320088
Sold Price Range
$482,001 - $552,000
Listing Status
Sold
Address
5049 N US Highway 281
State
TX
Zip Code
County
Subdivision
DAY ALBERT
Legal Description
ACRES: 2.412 A0200 DAY ALBERT & A0051 W H BAK
Property Type
Multi-Family - 5 Plus
Garages
2 / Oversized
Stories
1
Year Built
2008 / Appraisal District
Building Size
5,928 Sqft/Appraisal District
Lot Size
2.41 Lot Acres./Appraisal District

Exterior

Roof
Metal
Foundation
Pillar/Post/Pier, Slab
Private Pool
No
Exterior Type
Metal Siding, Siding, Wood
Lot Description
Acreage, Interior Lot, Landscaped, Lrg. Backyard Grass
Garage Size
27 X 40
Parking
Carport, Oversized, Varies by Unit, Workshop in Garage
Parking Space
Garage 2 / Carport 1 / Total Covered 6
Utility
Asphalt, Co-op Electric, No City Services, Outside City Limits, Septic, Well
Accessory Unit
Other
Exterior
Covered Patio/Porch

Interior

Floors
Ceramic Tile, Wood
Cooling
Central Air, Electric, Other
Heating
Central, Electric, Other, Space Heater
Window
Window Coverings
Appliances
Dishwasher, Electric Range, Electric Water Heater
Interior
Decorative Lighting, High Speed Internet Available

Lot information

Lot Size
2.41 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 18, 2024 at 11:58 AM
Listing last updated May 03, 2024 at 12:58 PM
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5049 N US Highway 281, Stephenville, TX 76401. View photos, map, tax, nearby homes for sale, home values, school info...

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