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Wilson 78121
116 Chisum Trail
$54,900
● Land - Off Market

116 Chisum Trail

La Vernia, TX 78121
bedrooms
Studio
bathrooms
0 Bath
square feet
49,658 Ft²
$80,281
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

COUNTRY LIVING JUST MOMENTS FROM THE CITY OF SAN ANTONIO. 35 MIN TO JOINT BASE AND LESS TIME TO DOWNTOWN SA. COME SEE THE POSSIBILITIES. THIS GORGEOUS COMMUNITY IS THE BEST BANG FOR YOUR BUCK!  HOMESITES 1-4+AC.  BUY NOW BUILD LATER!
Unit Size
49,658 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$1
Property Type
Land
Property Taxes
$43
HOA Dues
$27
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 #1457561)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
May 15, 2020 Listed by Falkin Realty $57,900
Listed by Falkin Realty

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 524
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,653
  • Gross Building Area: 2,838
  • Building Area: 2,129
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,129
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROPERS RANCH
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: ROPERS RANCH, LOT 18 (UNIT 1), ACRES 1.25

Neighborhood

  • School District Name: La Vernia Independent School District
  • School Tax School District: LA VERNIA ISD
  • Census Tract: 000104

Geography

  • Parcel: 59105
  • Lot: 18
  • Municipality: LA VERNIA
  • Latitude: 29.3119
  • Longitude: -98.1414

    Address

  • Full Address: 116 Chuckwagon Dr
  • Legal Unit: 1
  • Address - House Number: 116
  • Address - Street Name: Chuckwagon
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R006
  • 4-Digit Zip Code: 5692
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $600,862
  • Tax Rate Code Area: GW SL HH W

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 535,350
  • High Value: 630,735
  • Low Value: 439,965

    Market Valuation

  • Market Total Value: $534,740
  • Market Land Value: $41,370
  • Market Improvement Value: $493,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,059

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 140523
  • Previous Sale Recording Date: Jul 27, 2018
  • Previous Sale Contract Date: Jul 13, 2018
  • Previous Sale Amount: $451,800
  • 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 Wilson

Stats & Trends

Median Asking:

$487,000

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2349 ft²

Average Home Age

18.9 years

Currently For Sale

317 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: Tracy Evans, Falkin Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1457561
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 116 Chisum Trail Drive built and last sold?
The property at 116 Chisum Trail Drive was built in and last sold on Feb 29, 2024 for $540,960.
How much is this home worth?
The estimated value of the home located at 116 Chisum Trail Drive is $58,479.
What are some comparable homes to 116 Chisum Trail Drive?
There are currently no comparable homes to 116 Chisum Trail Drive.
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