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Bexar 78264 Highland Oaks
1335 MEMORIAL LN
$52,500
● Land - Off Market

1335 MEMORIAL LN

San Antonio, TX 78264
bedrooms
Studio
bathrooms
0 Bath
$49,864
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

*Motivated Seller *Build your New Home or place your Manufactured Home on this lot that is just about a 1/4 of an Acre. Minutes away from Hwy 281 this property could be someone's new place to call home or for someone to make a future investment.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$67
HOA Dues
-
Year Built
1980

Payment Calculator

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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: 6 months ago (LERA #1689458)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 19, 2023 Listed by Keller Williams City-View $50,000
Listed by Keller Williams City-View

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 2
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND OAKS SUB
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Mobile Home Indicator: T
  • Legal Description 1: CB: 5997A BLK: A LOT: 21 HIGHLAND OAKS SUBD NO LABEL# OR SERIAL#

Neighborhood

  • School District Name: Southside Independent School District
  • School Tax School District: 75
  • Census Tract: 152201

Geography

  • Assessors Map Reference: 751A8
  • Subdivision Tract Number: 21
  • Parcel: 05997-101-0210
  • Block: A
  • Lot: 21
  • Municipality: SAN ANTONIO
  • Latitude: 29.1848
  • Longitude: -98.4755

    Address

  • Full Address: 1335 Memorial Ln
  • Address - House Number: 1335
  • Address - Street Name: Memorial
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: San Antonio
  • Carrier Code: R241
  • 4-Digit Zip Code: 4114
  • Zip Code: 78264

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $91,246
  • Tax Rate Code Area: FSF

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 112,535
  • High Value: 134,400
  • Low Value: 90,670

    Market Valuation

  • Market Total Value: $46,850
  • Market Land Value: $44,760
  • Market Improvement Value: $2,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,850
  • Assessed Land Value: $44,760
  • Assessed Improvements Value: $2,090

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 138033
  • Previous Sale Recording Date: Jan 19, 2017
  • Previous Sale Contract Date: Jan 19, 2017
  • Previous Sale Document Type: 71
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 Southside

Stats & Trends

Median Asking:

$213,500

Sale Price/ft²

$129

Below Asking

0.07%

Average Days on Market

102

Average Home Size

1831 ft²

Average Home Age

7.1 years

Currently For Sale

214 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: Juan Sanchez, Keller Williams City-View
Last Updated: 6 months ago
Data Source: LERA, MLS# 1689458
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 1335 Memorial Lane built and last sold?
The property at 1335 Memorial Lane was built in 1980 and last sold on Jul 18, 2023 for $213,963.
How much is this home worth?
The estimated value of the home located at 1335 Memorial Lane is $50,500.
What are some comparable homes to 1335 Memorial Lane?
There are currently no comparable homes to 1335 Memorial Lane.
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