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Burnet 78654
101 Mesquite Hill
$256,000
● House - Off Market

101 Mesquite Hill

Marble Falls, TX 78654
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,914 Ft²
$483,087
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Lovely country custom 3/2 home on 2+/- acres, just minutes from Marble Falls. Popular open floor plan, vaulted wood ceiling, window blinds, focal point of the living room is a custom, hand-laid deep stone fireplace, master bath has whirlpool tub and separate shower, spacious bedrooms, fabulous porches, RV parking, designated building for outdoor kitchen near pool, and so much more!
Unit Size
1,914 Ft²
Days on Market
-
Land Size
1.99 acres
Price per sqft
$136
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
2006

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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: 5 months ago (LERA #1038104)

Price History

Date / Event Date Event Price
Jun 24, 2014 Sold
Premium
Sold
Jan 24, 2014 Listed by RE/MAX of Marble Falls $259,900
Listed by RE/MAX of Marble Falls

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,684
  • Total Building Area: 1,914
  • Gross Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN LOUPY
  • Land Acres: 0000001990
  • Standard Land Use Code: 1001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: ABS A0552 JOHN LOUPY, TRACT TIMBER RIDGE UNRECORDED, 1.99 ACRES

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960600

Geography

  • Parcel: 73805
  • Municipality: MARBLE FALLS
  • Latitude: 30.6577
  • Longitude: -98.2961

    Address

  • Full Address: 101 Mesquite Hl
  • Address - House Number: 101
  • Address - Street Name: Mesquite
  • Address - Suffix Type: Hl
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: R003
  • 4-Digit Zip Code: 7916
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $402,982
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 199,653
  • High Value: 262,697
  • Low Value: 136,608

    Market Valuation

  • Market Total Value: $396,169
  • Market Land Value: $93,132
  • Market Improvement Value: $303,037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,440

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2014
  • Current Sale Recording Date: Jun 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201405093
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 Burnet

Stats & Trends

Median Asking:

$409,750

Sale Price/ft²

$226

Below Asking

0.04%

Average Days on Market

101

Average Home Size

2243 ft²

Average Home Age

7 years

Currently For Sale

593 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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LERA

Listed by: Zina Rodenbeck, RE/MAX of Marble Falls
Last Updated: 5 months ago
Data Source: LERA, MLS# 1038104
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 101 Mesquite Hill built and last sold?
The property at 101 Mesquite Hill was built in 2006 and last sold on Jun 24, 2014 for $256,000.
How much is this home worth?
The estimated value of the home located at 101 Mesquite Hill is $273,971.
What are some comparable homes to 101 Mesquite Hill?
There are currently no comparable homes to 101 Mesquite Hill.
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