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Rio Bravo 78046 Rio Bravo
1724 Centeno Ln.
$21,900
● Land - Off Market

1724 Centeno Ln.

Laredo, TX 78046
bedrooms
Studio
bathrooms
0 Bath
$33,345
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Build your new home or mobile home. Lot located at Rio Bravo City, TX.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$24
HOA Dues
-
Year Built
2018

Payment Calculator

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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 #1205978)

Price History

Date / Event Date Event Price
May 15, 2018 Sold
Premium
Sold
Oct 10, 2016 Listed by CENTURY 21 The Hills Realty $21,900
Listed by CENTURY 21 The Hills Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • 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: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,785
  • Gross Building Area: 1,785
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIO BRAVO SUBD
  • Land Acres: 0000000207
  • Standard Land Use Code: 1000
  • County Land Use Code: A5
  • State Land Use Code: A5
  • Legal Description 1: LOT 12 BLK 10 RIO BRAVO SUBD UNIT 3

Neighborhood

  • School District Name: United Independent School District
  • School Tax School District: UNITED ISD
  • Census Tract: 001828

Geography

  • Parcel: 224030
  • Block: 10
  • Lot: 12
  • Municipality: CITY OF RIO BRAVO
  • Latitude: 27.3654
  • Longitude: -99.4908

    Address

  • Full Address: 1724 Centeno Ln
  • Address - House Number: 1724
  • Address - Street Name: Centeno
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Rio Bravo
  • Carrier Code: R005
  • 4-Digit Zip Code: 7856
  • Zip Code: 78046

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $145,322
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: C2 G3 S7

    Appraisal Valuation

  • Standard Deviation: 0.1299
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 85
  • Final Value: 165,649
  • High Value: 187,174
  • Low Value: 144,124

    Market Valuation

  • Market Total Value: $134,141
  • Market Land Value: $22,500
  • Market Improvement Value: $111,641

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,141
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $111,641

    Sales

  • Current Sale Contract Date: May 15, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 1329805
  • Previous Sale Recording Date: Jul 05, 2005
  • Previous Sale Contract Date: Jun 14, 2005
  • 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 Rio Bravo

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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: Dora Delgado, CENTURY 21 The Hills Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1205978
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 1724 Centeno Lane built and last sold?
The property at 1724 Centeno Lane was built in 2018 and last sold on May 15, 2018 for $14,900.
How much is this home worth?
The estimated value of the home located at 1724 Centeno Lane is $22,119.
What are some comparable homes to 1724 Centeno Lane?
There are currently no comparable homes to 1724 Centeno Lane.
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