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Camp Swift 78602 Lake Bastrop Ranchettes
124 Rice Ave
$279,988
● Mobile Manufactured - Off Market

124 Rice Ave

Bastrop, TX 78602
bedrooms
1 Bed
bathrooms
2 Baths
square feet
2,101 Ft²
$1,753
Est. Monthly
5.31%
Cap Rate

About This Property

Come see this country cutie! Perfectly located on a sprawling .9 acre lot where you are far enough away from the hassle and bustle, but close enough for a quick drive into Austin. This property offers an open floor plan with lots of natural light. Did I mention, there's a fully remodeled casita on the property?! It's a must see. New water line, water heater, flooring, interior paint, floor tile, and kitchen remodel. Tiny home/ Casita 13x41, Storage1 13x25, Storage2 10x13
Unit Size
2,101 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$133
Property Type
Mobile Manufactured
Property Taxes
$378
HOA Dues
-
Year Built
2009

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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: 3 years ago (Unlock MLS #ACT6455137)

Price History

Date / Event Date Event Price
Oct 21, 2023 Listed by Co Op Realty $279,988
Listed by Co Op Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,596
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE BASTROP RANCHETTES
  • Land Acres: 0000000909
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LAKE BASTROP RANCHETTES, BLOCK 2, LOT 19, SERIAL# CW2011667TXA/B, LABEL# HWC0388995/96, ACRES .9090

Neighborhood

  • School District Name: Bastrop Independent School District
  • Census Tract: 950505

Geography

  • Assessors Map Reference: 29-P
  • Parcel: R39331
  • Block: 2
  • Lot: 19
  • Municipality: BASTROP
  • Latitude: 30.1949
  • Longitude: -97.2857

    Address

  • Full Address: 124 Rice Ave
  • Address - House Number: 124
  • Address - Street Name: Rice
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Bastrop
  • Carrier Code: R005
  • 4-Digit Zip Code: 6719
  • Zip Code: 78602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $458,274
  • Tax Rate Code Area: S04

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 300,291
  • High Value: 359,524
  • Low Value: 241,057

    Market Valuation

  • Market Total Value: $259,841
  • Market Land Value: $135,288
  • Market Improvement Value: $124,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,841
  • Assessed Land Value: $135,288
  • Assessed Improvements Value: $124,553

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1646
  • Previous Sale Recording Date: Mar 03, 2023
  • Previous Sale Contract Date: Mar 02, 2023
  • Previous Sale Amount: $218,120
  • 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 Lake Bastrop Ranchettes

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1540 ft²

Average Home Age

6 years

Currently For Sale

1 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

Unit for rent at 255 Foothill Rd, Bastrop, TX, 78602

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 901 ft²
255 Foothill Rd, Bastrop, TX, 78602 Listing by Kelley Harris

Rentals Near You

Click here to view more rentals in the neighborhood.
UNLOCK

Listed by: Priscilla Garcia
Listed Office: Co Op Realty - Listing courtesy of Unlock MLS
Phone: (512) 698-7326
Last Updated: 2024-03-26 18:09:54
Data Source: Unlock MLS, MLS# ACT6455137
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Frequently Asked Questions

When was property at 124 Rice Avenue built and last sold?
The property at 124 Rice Avenue was built in 2009 and last sold on Jan 31, 2024 for $272,719.
How much is this home worth?
The estimated value of the home located at 124 Rice Avenue is $0.
What are some comparable homes to 124 Rice Avenue?
There are currently no comparable homes to 124 Rice Avenue.
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