Residential Income
For Sale
$439,999
1304 Country Road, Whitesboro, TX 76273
Granite counters, a kitchen island and an open floorplan shape the interior.
Property Size2,749 SF
Days on Market52
Property Features for 1304 Country Road
General Information
Standard status
Active
Size
2,749 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$9,491
Amenities
Ceiling Fan(s), Central Air, Electric
Central, Electric
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan
Back Yard, Wood
Assigned
Courtyard
Building Details
Building Size
2,749 SF
Year Built
2020
Buildings
1
Listing Agency:
Blue Star Realty
Listed By:
Wayne Warshawsky · License #0541318
(214) 718-3096
Source:
Evrealestate
Added: Aug 17
Changed: Oct 1
Last Checked: Oct 7 at 12:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Star Realty
Investment Insights
Based on property information with market context.
Built in 2020, this residential income property features an eat-in kitchen with granite counters, a kitchen island and an open floorplan. Interior amenities include a dishwasher, disposal, electric range, microwave and electric water heater, along with ceiling fans and central air. The property also has a courtyard, a fenced wood back yard and assigned parking.
The property is in Whitesboro, in Grayson County.
The property is in Whitesboro, in Grayson County.
Key Highlights
- Built in 2020
- Eat‑in kitchen with granite counters and a kitchen island
- Open floorplan with ceiling fans and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,680
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,600
$373.6K
Cap Rate 7%
$266,857
$266.9K
Cap Rate 9%
$207,556
$207.6K
Market Conditions
NOI Build-Up for 2,749 SF
Gross rent
$38.6K $14.04/SF
− Vacancy
−$4.6K −$1.68/SF
EGI
$34.0K $12.36/SF
− OpEx
−$15.3K −$5.56/SF
NOI
$18.7K $6.80/SF
Area
Grayson County, TX
Vacancy
12.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,600
Cap Rate 7%
$266,857
Cap Rate 9%
$207,556
Alternative Uses
Best Use
Apartment 5plus
$266.9K
$233.5K – $311.3K
NOI $18,680 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.41M
$1.23M – $1.65M
NOI $98,717 @ 7.0% cap · market cap 22.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 76273, TX
9,857
Population
4,182
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
206.9 sq mi
ZIP Area
48
Density / Sq Mi
$80,244
Median Household Income
$41,441
Median Earnings
$1,171
Median Rent
$234,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Granite counters, a kitchen island and an open floorplan shape the interior.
Where is this residential income property located?
The property is located at 1304 Country Road Whitesboro, TX.
What is the asking price?
The asking price for this property is $439,999.
What are key features of this property?
This property features: Built in 2020; Eat‑in kitchen with granite counters and a kitchen island; Open floorplan with ceiling fans and central air
