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Port Lavaca 77979
1 Sago Drive
$325,000
● House - Off Market

1 Sago Drive

Port LaVaca, TX 77979
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,846 Ft²
$605,940
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

WATERFRONT! WATER VIEW! Looking for a HUGE house on the water? This is the one. PRICED TO SELL! Home has so many amenities, but to name a few, the house is R40 Effective R Valve (conventional construction R10-R12 Effective R Valve). The home is Hurricane resistant, it has six inch wide steel reinforced concrete perimeter walls that have a 200 mph wind load. Low profile Monier Villa Series life tile roof. Granite counter tops, solid 1 7/8 inch stain grade custom doors, crown molding, & solid wood cabinetry.
Unit Size
2,846 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$114
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
2007

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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: 6 months ago (LERA #1043423)

Price History

Date / Event Date Event Price
Nov 17, 2021 No longer available -
No longer available
Nov 6, 2021 In contract -
In contract
Oct 26, 2021 No longer available -
No longer available
Oct 8, 2021 Relisted $369,000
Relisted
Oct 4, 2021 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 540
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,140
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,846
  • Gross Building Area: 3,769
  • Building Area: 2,846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAVACA BAY PLACE PORT LAVACA
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LAVACA BAY PLACE, LOT 14

Neighborhood

  • School District Name: Calhoun County Independent School District
  • School Tax School District: NV6 S01
  • Census Tract: 000100

Geography

  • Account Number: S0196-00000-0014-00
  • Parcel: 69464
  • Lot: 14
  • Municipality: PORT LAVACA
  • Latitude: 28.6292
  • Longitude: -96.6221

    Address

  • Full Address: 1 Sago
  • Address - House Number: 1
  • Address - Street Name: Sago
  • State: TX
  • City Name: Port Lavaca
  • Carrier Code: R005
  • 4-Digit Zip Code: 5468
  • Zip Code: 77979

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,053
  • Tax Rate Code Area: C04 FML G0

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 61
  • Final Value: 385,608
  • High Value: 488,703
  • Low Value: 282,513

    Market Valuation

  • Market Total Value: $367,390
  • Market Land Value: $30,000
  • Market Improvement Value: $337,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,390
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $337,390

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-04822
  • Previous Sale Recording Date: Jun 25, 2009
  • Previous Sale Contract Date: Jun 23, 2009
  • Previous Sale Amount: $273,800
  • 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 Port Lavaca

Stats & Trends

Median Asking:

$202,900

Sale Price/ft²

$115

Below Asking

0.10%

Average Days on Market

94

Average Home Size

2414 ft²

Average Home Age

52.7 years

Currently For Sale

10 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 201 Lowery Drive, Port Lavaca, TX, 77979

$800 /mo

  • 1 Bed
  • 1 Bath
  • 536 ft²
201 Lowery Drive #3, Port Lavaca, TX, 77979 Listing by Joseph Khuat
Unit for rent at 332 Independence Drive, TX, 77979

$964 /mo

  • 1 Bed
  • 1 Bath
332 Independence Drive #80, TX, 77979 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Veronica Rodriguez Clarke, Glenn Clarke Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1043423
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1 Sago Drive built and last sold?
The property at 1 Sago Drive was built in 2007 and last sold on Nov 15, 2021 for $347,500.
How much is this home worth?
The estimated value of the home located at 1 Sago Drive is $370,586.
What are some comparable homes to 1 Sago Drive?
There are currently no comparable homes to 1 Sago Drive.
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