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Bexar 78073 Somerset
15976 Benton City Rd
$200,000
● Land - Off Market

15976 Benton City Rd

Von Ormy, TX 78073
bedrooms
Studio
bathrooms
0 Bath
square feet
736,381 Ft²
$377,295
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Perfect get-away spot to build your dream home on 16.9 acres nestled among the trees in beautiful Von Ormy. Enjoy good ol' country living without a long commute to San Antonio. Close to IH 35 , schools and shopping. The existing trees need only a little TLC and clearing to break ground. City water access/city utilities available.
Unit Size
736,381 Ft²
Days on Market
-
Land Size
16.90 acres
Price per sqft
$0
Property Type
Land
Property Taxes
$233
HOA Dues
-
Year Built
1974

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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: 5 months ago (LERA #1249577)

Price History

Date / Event Date Event Price
Aug 29, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Vortex Realty $236,600
Listed by Vortex Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,885
  • Gross Building Area: 1,885
  • Building Area: 1,401
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,401
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: CB 4231 P-13 ABS 372 REFER TO: 04231-000-0300

Neighborhood

  • School District Name: Somerset Independent School District
  • School Tax School District: 76
  • Census Tract: 162001

Geography

  • Assessors Map Reference: 713C4
  • Subdivision Tract Number: 131
  • Parcel: 04231-000-0131
  • Lot: 131
  • Municipality: VON ORMY
  • Latitude: 29.2664
  • Longitude: -98.6536

    Address

  • Full Address: 15976 Benton City Rd
  • Address - House Number: 15976
  • Address - Street Name: Benton City
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Von Ormy
  • Zip Code: 78073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,511
  • Tax Rate Code Area: FSF

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 218,458
  • High Value: 260,194
  • Low Value: 176,722

    Market Valuation

  • Market Total Value: $205,860
  • Market Land Value: $31,830
  • Market Improvement Value: $174,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,860
  • Assessed Land Value: $31,830
  • Assessed Improvements Value: $174,030

    Sales

  • Current Sale Contract Date: Aug 25, 2017
  • Current Sale Recording Date: Sep 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20170176546
  • Previous Sale Recording Date: Sep 01, 2005
  • Previous Sale Contract Date: Aug 23, 2005
  • Previous Sale Amount: $68,900
  • 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 Somerset

Stats & Trends

Median Asking:

$217,499

Sale Price/ft²

$136

Below Asking

0.06%

Average Days on Market

106

Average Home Size

2104 ft²

Average Home Age

25.6 years

Currently For Sale

24 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

Rentals Near You

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LERA

Listed by: Jorge Lizalde, Vortex Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1249577
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 15976 Benton City Road built and last sold?
The property at 15976 Benton City Road was built in 1974 and last sold on Aug 25, 2017 for $125,000.
How much is this home worth?
The estimated value of the home located at 15976 Benton City Road is $229,974.
What are some comparable homes to 15976 Benton City Road?
There are currently no comparable homes to 15976 Benton City Road.
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