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Medina 78056
LOT 145 CR 2741
$72,500
● Land - Off Market

LOT 145 CR 2741

Mico, TX 78056
bedrooms
Studio
bathrooms
0 Bath
$152,748
RealtyHop Estimate
103.66%
Since Dec 1, 2008
National-US
Primary Model

About This Property

12.5 acre wooded lot located on a Cul De Sac. Hilly and flat areas to build a home.  Views of the hill country. Owner has priced lot low to sell.  Lot dimensions are: Front 69.06'    Right 712.32' plus 486.25'    Back 703.24'   Left  1282.85
Unit Size
-
Days on Market
-
Land Size
12.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$76
HOA Dues
-
Year Built
2003

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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: 4 months ago (LERA #702973)

Price History

Date / Event Date Event Price
Nov 22, 2008 Sold
Premium
Sold
Feb 8, 2008 Listed by The Horn Company Residental $75,000
Listed by The Horn Company Residental

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 326,700
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,075
  • Gross Building Area: 3,425
  • Building Area: 2,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,075
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAR SPRING RANCH SUBDIVISION
  • Land Acres: 0000007500
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BEAR SPRING RANCH UNIT 3 LOT 152

Neighborhood

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

Geography

  • Account Number: 0S0222-00000-00152-58994
  • Parcel: 58994
  • Lot: 152
  • Municipality: MICO
  • Latitude: 29.5582
  • Longitude: -98.8582

    Address

  • Full Address: 145 County Road 2729
  • Address - House Number: 145
  • Address - Street Name: County Road 2729
  • State: TX
  • City Name: Mico
  • Carrier Code: H001
  • 4-Digit Zip Code: 5385
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $668,109
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 528,754
  • High Value: 667,843
  • Low Value: 389,664

    Market Valuation

  • Market Total Value: $546,050
  • Market Land Value: $151,800
  • Market Improvement Value: $394,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $546,050
  • Assessed Land Value: $151,800
  • Assessed Improvements Value: $394,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020001164
  • Previous Sale Recording Date: Oct 27, 2011
  • Previous Sale Contract Date: Oct 27, 2011
  • 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 Medina

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2416 ft²

Average Home Age

14.5 years

Currently For Sale

525 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: Daniel Marr, The Horn Company Residental
Last Updated: 4 months ago
Data Source: LERA, MLS# 702973
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 County Rd 2741 built and last sold?
The property at 145 County Rd 2741 was built in 2003 and last sold on Feb 7, 2020 for $348,300.
How much is this home worth?
The estimated value of the home located at 145 County Rd 2741 is $75,750.
What are some comparable homes to 145 County Rd 2741?
There are currently no comparable homes to 145 County Rd 2741.
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