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Converse 78109 Converse
127 N Meadow St
$198,000
● House - Off Market

127 N Meadow St

Converse, TX 78109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,048 Ft²
$199,535
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This lovely home in Converse features three bedrooms and two bathrooms, complete with new carpet and fresh paint throughout. The gas water heater and stove provide reliable and efficient utilities, while the solid counters in the kitchen add a touch of elegance. The refrigerator stays with the house, making moving in a breeze. The property boasts a large yard, perfect for outdoor activities, and a one-car garage for ample storage. Located in a quiet neighborhood, this home offers a peaceful retreat from the hustle and bustle of everyday life.
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$189
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1978

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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 #1679275)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 11, 2023 Listed by Keller Williams Legacy $198,000
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,538
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 5063D BLK 3 LOT 31

Neighborhood

  • School District Name: Judson Independent School District
  • School Tax School District: 54
  • Census Tract: 121604

Geography

  • Assessors Map Reference: 554C6
  • Subdivision Tract Number: 31
  • Parcel: 05063-403-0310
  • Block: 3
  • Lot: 31
  • Municipality: CONVERSE
  • Latitude: 29.5251
  • Longitude: -98.317

    Address

  • Full Address: 127 N Meadow St
  • Address - House Number: 127
  • Street Direction: N
  • Address - Street Name: Meadow
  • Address - Suffix Type: St
  • State: TX
  • City Name: Converse
  • Carrier Code: C004
  • 4-Digit Zip Code: 2515
  • Zip Code: 78109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,596
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 202,561
  • High Value: 242,937
  • Low Value: 162,185

    Market Valuation

  • Market Total Value: $190,780
  • Market Land Value: $57,420
  • Market Improvement Value: $133,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,780
  • Assessed Land Value: $57,420
  • Assessed Improvements Value: $133,360

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 97626
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 Judson

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$140

Above Asking

0.49%

Average Days on Market

81

Average Home Size

2051 ft²

Average Home Age

22.4 years

Currently For Sale

794 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: Eliza King, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 1679275
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 127 North Meadow built and last sold?
The property at 127 North Meadow was built in 1978 and last sold on May 30, 2023 for $196,357.
How much is this home worth?
The estimated value of the home located at 127 North Meadow is $197,536.
What are some comparable homes to 127 North Meadow?
There are currently no comparable homes to 127 North Meadow.
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