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$1,506,839

NAL Estimated Property Value

10531 Cole Rd, Pilot Point, TX, 76258

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,513 Sq Ft
price_per_sqft$198.97 / sqft
Year BuiltBuilt in 2012

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Gas Cooktop
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Courtyard, Outdoor Grill, Outdoor Kitchen, Private Entrance
Lot Size23.05 acres

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR43017 02
SubdivisionChambers
Land UseSingle Family Residence
Legal DescriptionA0223A CHAMBERS, TR 43, 23.047 ACRES
Census Tract020129
Assessed Land Value$584,695
Assessed Improvement Value$922,144
Assessment Year2024

About this property

$500,000 IS THE OPENING BID FOR THIS PROPERTY SELLING IN A LIVE AUCTION ON SATURDAY, APRIL 22, 2023 AT 11AM. Pristine 23ac Executive Ranchette in the Heart of Horse Country. 2513' Custom 5 Bedroom, 3.5 Bath, 2 Car Garage Home with an outdoor Entertainment Area featuring a Salt Water Pool and outdoor Kitchen. High end appliances and appointments. 6 Stall Horse Barn with Office, Half Bath, Tack & Feed Rooms, Wash Rack and Loft suitable for an Apartment finish out. 130' x 275' Arena with return lane and roping boxes, pipe fencing, several turnouts with loafing sheds, stock pond, gated entry and concrete driveways. PERSONAL PROPERTY ALSO SELLS. Property sells AS IS with no contingencies related to Ability to attain Funding, Post Sale Inspections, Appraisals and NO Option Period. 10 percent Buyer's Premium added to the High Bid at Auction to constitute the Total Contract Price. BP paid the day of the Auction with the Balance due on Thursday, June 8, 2023 at Doster Law Group in Denton.

Investor Tools

Property Icon
$1,506,839
Estimated Property Value
$0Estimated Mortgage Balance
$1,506,839Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,041 /month
Positive
Cash Flow Estimate:
$3,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,977/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,190
$1,506,839
2024
$584,695
$922,144
$2,409,427
No

Tax History

Year
Tax Paid
Assessed Value
2023
$16,190
$1,506,839

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,506,839
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
2.0%

City: Pilot Point

10531 Cole Rd | Property Details | No Agent List