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Atascosa 78052
156 W Short Meadow Drive
$75,000
● Land - Off Market

156 W Short Meadow Drive

Lytle, TX 78052
bedrooms
Studio
bathrooms
0 Bath
$94,504
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

"The Granberg" is a rare, large lot restricted community located in Lytle just a few minutes from IH 35 w/ easy access to HEB + area restaurants/shops. 3/4 acre minimum lots with quality restrictions for site-built homes only, and each lot has underground power, a Benton City water tap & mature oak trees.  High Speed Internet is delivered through a fiber optic cable via CommZoom.  Bring your own builder or choose from one of the several builders already in the subdivision.  Owner Financing available.
Unit Size
-
Days on Market
-
Land Size
0.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$17
Year Built
2021

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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 #1526136)

Price History

Date / Event Date Event Price
Mar 31, 2021 Sold
Premium
Sold
Jan 1, 2021 Listed by Brush Country Real Estate $76,000
Listed by Brush Country Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • 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: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 646
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 2,299
  • Gross Building Area: 3,492
  • Building Area: 2,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,299
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000790
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: GRANBERG SUBDIVISION LOT 71 .79

Neighborhood

  • School Tax School District: WEV
  • Census Tract: 960203

Geography

  • Account Number: 02554-00-000-007100
  • Parcel: R207274
  • Municipality: LYTLE
  • Latitude: 29.2113
  • Longitude: -98.7901

    Address

  • Full Address: 156 W Short Meadow Dr
  • Address - House Number: 156
  • Street Direction: W
  • Address - Street Name: Short Meadow
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lytle
  • Carrier Code: H001
  • 4-Digit Zip Code: 3986
  • Zip Code: 78052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841,896
  • Tax Rate Code Area: AESD1 FMLR

    Appraisal Valuation

  • Standard Deviation: 0.4091
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 316,594
  • High Value: 446,114
  • Low Value: 187,073

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $81,932
  • Market Improvement Value: $388,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,000
  • Assessed Land Value: $81,932
  • Assessed Improvements Value: $388,068

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2022
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 220902
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 Atascosa

Stats & Trends

Median Asking:

$291,900

Sale Price/ft²

$171

Below Asking

0.04%

Average Days on Market

94

Average Home Size

1782 ft²

Average Home Age

28.4 years

Currently For Sale

235 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: Bradley Boyd, Brush Country Real Estate
Last Updated: 6 months ago
Data Source: LERA, MLS# 1526136
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 156 West Short Meadow Drive built and last sold?
The property at 156 West Short Meadow Drive was built in 2021 and last sold on Jan 3, 2022 for $372,000.
How much is this home worth?
The estimated value of the home located at 156 West Short Meadow Drive is $76,760.
What are some comparable homes to 156 West Short Meadow Drive?
There are currently no comparable homes to 156 West Short Meadow Drive.
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