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Medina 78056
1325 COUNTY ROAD 2744
$248,000
● House - Off Market

1325 COUNTY ROAD 2744

Mico, TX 78056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,180 Ft²
$492,986
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Beautiful 3 Bedroom,2 Bath hill country home on 5 acres. Also includes additional Guest Suite 1bedroom,1 bath and full sized kitchen. Gorgeous views, mature trees,3 car detached garage, a 16x20 barn and animal pens. Home also features  a breezeway, nice gazebo and patio area. Kitchen and baths updated 2012/2013.The owner will provide a 1 year home warranty. The builder is  Real People homes it has a steel frame with 4" polystyrene foam core walls, very energy efficient.
Unit Size
2,180 Ft²
Days on Market
-
Land Size
5.01 acres
Price per sqft
$116
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
2003

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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 #1009362)

Price History

Date / Event Date Event Price
Oct 30, 2013 Sold
Premium
Sold
Jul 5, 2013 Listed by RE/MAX Associates $252,880
Listed by RE/MAX Associates

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • 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: 218,236
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,180
  • Gross Building Area: 3,260
  • Building Area: 2,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,180
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAR SPRING RANCH
  • Land Acres: 0000005010
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BEAR SPRING RANCH UNIT 13 LOT 389

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: RFM SNS
  • Census Tract: 000104

Geography

  • Account Number: 0S0269-00000-00389-62374
  • Parcel: 62374
  • Lot: 389
  • Municipality: MICO
  • Latitude: 29.5891
  • Longitude: -98.8488

    Address

  • Full Address: 1325 County Road 2744
  • Address - House Number: 1325
  • Address - Street Name: County Road 2744
  • State: TX
  • City Name: Mico
  • Carrier Code: H001
  • 4-Digit Zip Code: 5401
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2366
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 481,807
  • High Value: 595,841
  • Low Value: 367,773

    Market Valuation

  • Market Total Value: $530,100
  • Market Land Value: $128,950
  • Market Improvement Value: $401,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,100
  • Assessed Land Value: $128,950
  • Assessed Improvements Value: $401,150

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 2013
  • Current Sale Recording Date: Oct 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2013007931
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 Medina

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2380 ft²

Average Home Age

15.5 years

Currently For Sale

522 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: John Mayo, RE/MAX Associates
Last Updated: 5 months ago
Data Source: LERA, MLS# 1009362
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 1325 County Rd 2744 built and last sold?
The property at 1325 County Rd 2744 was built in 2003 and last sold on Oct 24, 2013 for $242,800.
How much is this home worth?
The estimated value of the home located at 1325 County Rd 2744 is $264,030.
What are some comparable homes to 1325 County Rd 2744?
There are currently no comparable homes to 1325 County Rd 2744.
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