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Medina 78056
136 Pr 2622
$304,000
● House - Off Market

136 Pr 2622

Mico, TX 78056
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1,200 Ft²
$538,783
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Breathtaking lake views from this charming waterfront lake house. This home features an open floor plan perfect for entertaining and good sized loft for guests.  Nice decks on first floor and second floor. Also features a basement perfect for storage.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$266
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #1139853)

Price History

Date / Event Date Event Price
Aug 12, 2016 Sold
Premium
Sold
Sep 22, 2015 Listed by Elite Real Estate $319,000
Listed by Elite Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 1
  • 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: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,936
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,240
  • Gross Building Area: 2,836
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000435
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: SEEKATZ RED COVE LOT 30 & 31

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000104

Geography

  • Account Number: 0S0087-00000-00030-21520
  • Parcel: 21520
  • Lot: 30,31
  • Municipality: MICO
  • Latitude: 29.5494
  • Longitude: -98.9248

    Address

  • Full Address: 136 Private Road 2622
  • Address - House Number: 136
  • Address - Street Name: Private Road 2622
  • State: TX
  • City Name: Mico
  • Carrier Code: H007
  • 4-Digit Zip Code: 5235
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,703
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 478,965
  • High Value: 604,381
  • Low Value: 353,549

    Market Valuation

  • Market Total Value: $386,650
  • Market Land Value: $180,460
  • Market Improvement Value: $206,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,650
  • Assessed Land Value: $180,460
  • Assessed Improvements Value: $206,190

    Sales

  • Current Sale Contract Date: Oct 08, 2009
  • Current Sale Recording Date: Oct 13, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2009007054
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:

$389,000

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2388 ft²

Average Home Age

15.5 years

Currently For Sale

512 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 275 Hill Of Contentment, Lakehills, TX, 78063

$950 /mo

  • 1 Bed
  • 1 Bath
  • 504 ft²
275 Hill Of Contentment, Lakehills, TX, 78063 Listing by Rhonda Fitch

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Sergio Gamboa, Elite Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1139853
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 136 Pr 2622 built and last sold?
The property at 136 Pr 2622 was built in 2004 and last sold on Oct 8, 2009 for $268,800.
How much is this home worth?
The estimated value of the home located at 136 Pr 2622 is $319,795.
What are some comparable homes to 136 Pr 2622?
There are currently no comparable homes to 136 Pr 2622.
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