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Medina 78056
102 Private Road 2538
$535,000
● House - Off Market

102 Private Road 2538

Mico, TX 78056
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,022 Ft²
$1,335,088
RealtyHop Estimate
120.91%
Since Dec 1, 2010
National-US
Primary Model

About This Property

SELLER WILL PAY 3% OF GROSS SALES PRICE TOWARD BUYER CLOSING COSTS PLUS $415 HOW - Gated community - Live life richly in this sprawling 34+ acre estate overlooking Lake Medina - Enjoy your privacy on the sun deck - Hunt deer, javalina, turkey & other fowl - Keep horses - Entertain guests at the pavilion in the community park, complete with boat ramp and a floating dock - And so much more--click the "Additional Information" link, and click the "Features" link.
Unit Size
4,022 Ft²
Days on Market
-
Land Size
34.20 acres
Price per sqft
$150
Property Type
House
Property Taxes
$456
HOA Dues
$60
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 #859484)

Price History

Date / Event Date Event Price
Nov 12, 2010 Sold
Premium
Sold
Sep 23, 2010 Listed by Century 21 Pinnacle $604,350
Listed by Century 21 Pinnacle

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,022
  • Gross Building Area: 10,460
  • Building Area: 4,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,022
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: MOUNTAIN VALLEY RANCH LOT 11 PART OF

Neighborhood

  • School District Name: Hondo Independent School District
  • School Tax School District: MWD RFM SHO
  • Census Tract: 000301

Geography

  • Account Number: 0S0305-00000-00011-71230
  • Parcel: 71230
  • Lot: 11
  • Municipality: MICO
  • Latitude: 29.5545
  • Longitude: -99.0128

    Address

  • Full Address: 102 Private Road 2538
  • Address - House Number: 102
  • Address - Street Name: Private Road 2538
  • State: TX
  • City Name: Mico
  • Carrier Code: H007
  • 4-Digit Zip Code: 5508
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $667,046
  • Tax Rate Code Area: FED3 FED6

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 852,012
  • High Value: 1,075,110
  • Low Value: 628,915

    Market Valuation

  • Market Total Value: $787,240
  • Market Land Value: $9,290
  • Market Improvement Value: $777,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $787,240
  • Assessed Land Value: $9,290
  • Assessed Improvements Value: $777,950

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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 Medina

Stats & Trends

Median Asking:

$376,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2362 ft²

Average Home Age

15.7 years

Currently For Sale

538 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: James Johnson, Century 21 Pinnacle
Last Updated: 6 months ago
Data Source: LERA, MLS# 859484
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 102 Private Road 2538 built and last sold?
The property at 102 Private Road 2538 was built in 2007 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 102 Private Road 2538 is $617,173.
What are some comparable homes to 102 Private Road 2538?
There are currently no comparable homes to 102 Private Road 2538.
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