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Wilson 78121
124 Lake View Circle
$35,500
● Land - Off Market

124 Lake View Circle

La Vernia, TX 78121
bedrooms
Studio
bathrooms
0 Bath
$66,975
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

5.28 acs Ready to build your home on.
Unit Size
-
Days on Market
-
Land Size
5.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
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 #1229055)

Price History

Date / Event Date Event Price
Aug 8, 2017 Sold
Premium
Sold
Mar 8, 2017 Listed by Picosa Creek Realty, LLC $42,000
Listed by Picosa Creek Realty, LLC

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: 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: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,380
  • Gross Building Area: 1,620
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE VALLEY ESTATES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LAKE VALLEY ESTATES, BLOCK 4, LOT 8A (U-1), ACRES 1.0

Neighborhood

  • School District Name: La Vernia Independent School District
  • School Tax School District: LA VERNIA ISD
  • Census Tract: 000102

Geography

  • Parcel: 20802
  • Block: 4
  • Lot: 8A
  • Municipality: LA VERNIA
  • Latitude: 29.3498
  • Longitude: -98.032

    Address

  • Full Address: 124 Lakeview Cir
  • Address - House Number: 124
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R001
  • 4-Digit Zip Code: 5160
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,529
  • Tax Rate Code Area: GW SL HH W

    Appraisal Valuation

  • Standard Deviation: 0.2627
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 407,959
  • High Value: 515,157
  • Low Value: 300,762

    Market Valuation

  • Market Total Value: $445,860
  • Market Land Value: $50,780
  • Market Improvement Value: $395,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,810

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2018
  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 075650
  • Previous Sale Recording Date: Aug 16, 2013
  • Previous Sale Contract Date: Aug 14, 2013
  • Previous Sale Amount: $30,000
  • 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:

$492,450

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2321 ft²

Average Home Age

18.2 years

Currently For Sale

332 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: Jeffrey Oltjendiers, Picosa Creek Realty, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1229055
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 124 Lakeview Circle built and last sold?
The property at 124 Lakeview Circle was built in and last sold on Jul 20, 2018 for $223,900.
How much is this home worth?
The estimated value of the home located at 124 Lakeview Circle is $42,420.
What are some comparable homes to 124 Lakeview Circle?
There are currently no comparable homes to 124 Lakeview Circle.
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