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Caldwell 78644
145 Cistern Rd
$59,000
● Land - Off Market

145 Cistern Rd

Maxwell, TX 78656
bedrooms
Studio
bathrooms
0 Bath
$90,523
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Living in the country is exactly what this property offers with the benefits of being close to cities including Lockhart, Austin, San Marcos & Luling. This 1.5 Acre lot is level, cleared & part of a small subdivision that allows for homes w/800 sq ft min. & approved "Tiny Houses" by the ACC. Dreaming of a nice barn or workshop w/living quarters then look no further. No Single Wide mobile/manufactured/modular homes allowed. Raising of liveslock is allowed 1 head/per acre (1 horse, cow or bull)
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$118
HOA Dues
-
Year Built
2019

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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 #1338664)

Price History

Date / Event Date Event Price
Dec 19, 2018 Sold
Premium
Sold
Sep 14, 2018 Listed by Century 21 Randall Morris & Associates $59,500
Listed by Century 21 Randall Morris & Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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 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: 65,340
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNFIELD NORTH
  • Land Acres: 0000001500
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: SUNFIELD NORTH, LOT 2, ACRES 1.5, LABEL1 NTA1866905 / NTA1866904, SN2 CAV150TX1813510A

Neighborhood

  • School District Name: Lockhart Independent School District
  • School Tax School District: SLH WPC WUG
  • Census Tract: 960502

Geography

  • Account Number: 114438
  • Parcel: 0200971-000-020-00
  • Lot: 2
  • Municipality: MAXWELL
  • Latitude: 29.8816
  • Longitude: -97.7633

    Address

  • Full Address: 145 Cistern
  • Address - House Number: 145
  • Address - Street Name: Cistern
  • State: TX
  • City Name: Maxwell
  • Carrier Code: R402
  • 4-Digit Zip Code: 4402
  • Zip Code: 78656

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $302,020
  • Tax Rate Code Area: CESD2 FTM

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 340,468
  • High Value: 419,282
  • Low Value: 261,655

    Market Valuation

  • Market Total Value: $300,110
  • Market Land Value: $137,720
  • Market Improvement Value: $162,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,680
  • Assessed Land Value: $137,720
  • Assessed Improvements Value: $162,390

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2018
  • Current Sale Recording Date: May 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-002309
  • Previous Sale Recording Date: Jun 09, 2017
  • Previous Sale Contract Date: Jun 02, 2017
  • Previous Sale Amount: $56,300
  • Previous Sale Document Type: 70
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 Caldwell

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$165

Below Asking

0.05%

Average Days on Market

92

Average Home Size

1770 ft²

Average Home Age

21.1 years

Currently For Sale

330 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 160 Davis Mountain Cv, Lockhart, TX, 78644

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,864 ft²
160 Davis Mountain Cv, Lockhart, TX, 78644 Listing by Karen Ochoa Quintero

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Rebecca Manz, Century 21 Randall Morris & Associates
Last Updated: 6 months ago
Data Source: LERA, MLS# 1338664
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 145 Cistern Road built and last sold?
The property at 145 Cistern Road was built in 2019 and last sold on Dec 13, 2018 for $203,200.
How much is this home worth?
The estimated value of the home located at 145 Cistern Road is $60,095.
What are some comparable homes to 145 Cistern Road?
There are currently no comparable homes to 145 Cistern Road.
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