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Zuehl 78124
106 PACER
$54,000
● Land - Off Market

106 PACER

Marion, TX 78124
bedrooms
Studio
bathrooms
0 Bath
$62,401
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Zuehl Airfield is a very active flying community.  Easy access from Interstate 10 and only 15-20 minutes by car to Seguin, New Braunfels, and 40 minutes to San Antonio.  Buy now, build later. This is the lowest entry point for a hangar lot in the greater San Antonio area from Castroville to Huber Airfield.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$45
HOA Dues
$42
Year Built
-

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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 #1636279)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Sep 6, 2022 Listed by South Texas Realty Services $59,999
Listed by South Texas Realty Services

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 13
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Total Building Area: 2,500
  • Gross Building Area: 2,500
  • Building Area: 2,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZUEHL FLYING COMMUNITY P U D SUBD #1
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: LOT: 22 BLK: 1 ZUEHL FLYING COMMUNITY P U D SUB #1 .207 AC.

Neighborhood

  • School District Name: Marion Independent School District
  • Census Tract: 210804

Geography

  • Parcel: 1G3775-1001-02200-0-00
  • Block: 1
  • Lot: 22
  • Municipality: MARION
  • Latitude: 29.4983
  • Longitude: -98.1608

    Address

  • Full Address: 106 Pacer
  • Address - House Number: 106
  • Address - Street Name: Pacer
  • State: TX
  • City Name: Marion
  • Carrier Code: R002
  • 4-Digit Zip Code: 6571
  • Zip Code: 78124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $52,189
  • Tax Rate Code Area: MAS

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 73
  • Final Value: 306,960
  • High Value: 367,721
  • Low Value: 246,198

    Market Valuation

  • Market Total Value: $37,145
  • Market Land Value: $37,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,145
  • Assessed Land Value: $37,145

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30878
  • Previous Sale Recording Date: Apr 29, 2022
  • Previous Sale Contract Date: Apr 26, 2022
  • Previous Sale Amount: $39,900
  • Previous Sale Document Type: 27
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 Zuehl

Stats & Trends

Median Asking:

$238,999

Sale Price/ft²

$138

Below Asking

0.04%

Average Days on Market

90

Average Home Size

2081 ft²

Average Home Age

3.6 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

Rentals Near You

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LERA

Listed by: Suzanne Menick, South Texas Realty Services
Last Updated: 5 months ago
Data Source: LERA, MLS# 1636279
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 106 Pacer Lane built and last sold?
The property at 106 Pacer Lane was built in and last sold on Sep 28, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 106 Pacer Lane is $60,599.
What are some comparable homes to 106 Pacer Lane?
There are currently no comparable homes to 106 Pacer Lane.
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