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Selma 78154
15504 Albrecht
$40,000
● Land - Off Market

15504 Albrecht

Selma, TX 78154
bedrooms
Studio
bathrooms
0 Bath
$76,386
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Residential lot on a quiet cul-de-sac in a newer community with great schools and easy access to IH35/1604. Shopping and restaurants close by as well as Randolph Air Force Base.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
$18
HOA Dues
-
Year Built
2016

Payment Calculator

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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 #1128462)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
Jul 21, 2015 Listed by Homecity Real Estate $45,000
Listed by Homecity Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • 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: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 678
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 2,873
  • Gross Building Area: 3,070
  • Building Area: 2,195
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,195
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIVE OAK HILLS
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 1 BLK: 13 ADDN: LIVE OAK HILLS

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210707

Geography

  • Parcel: 1G1920-0013-00100-0-00
  • Block: 13
  • Lot: 1
  • Municipality: SELMA
  • Latitude: 29.5809
  • Longitude: -98.2998

    Address

  • Full Address: 15504 Albrecht Ln
  • Address - House Number: 15504
  • Address - Street Name: Albrecht
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Selma
  • Carrier Code: C017
  • 4-Digit Zip Code: 1878
  • Zip Code: 78154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $741,572
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 351,530
  • High Value: 422,492
  • Low Value: 280,567

    Market Valuation

  • Market Total Value: $479,581
  • Market Land Value: $60,178
  • Market Improvement Value: $419,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,383
  • Assessed Land Value: $60,178
  • Assessed Improvements Value: $419,403

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2017
  • Current Sale Recording Date: Jan 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2017000724
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Contract Date: Jun 30, 2016
  • Previous Sale Amount: $288,600
  • 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 Selma

Stats & Trends

Median Asking:

$290,000

Sale Price/ft²

$153

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2491 ft²

Average Home Age

15.2 years

Currently For Sale

44 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: Spencer Hasch, Homecity Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1128462
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 15504 Albrecht Lane built and last sold?
The property at 15504 Albrecht Lane was built in 2016 and last sold on Jan 4, 2017 for $297,800.
How much is this home worth?
The estimated value of the home located at 15504 Albrecht Lane is $45,450.
What are some comparable homes to 15504 Albrecht Lane?
There are currently no comparable homes to 15504 Albrecht Lane.
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