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Bexar 78073 Somerset
18124 Benton City Rd
$98,000
● House - Off Market

18124 Benton City Rd

Von Ormy, TX 78073
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,404 Ft²
$172,269
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

!!Over 8 cleared and level acres!! With AG exmption on portion of the property, just South of Highway 90 and SW Loop 1604.  Home is in need of major repairs, all the infrastructure is in place on the property.  The land has great potential!  Horses are allowed.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
8.10 acres
Price per sqft
$71
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
2020

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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 #1160576)

Price History

Date / Event Date Event Price
Apr 4, 2016 Sold
Premium
Sold
Feb 11, 2016 Listed by Keller Williams Heritage $100,000
Listed by Keller Williams Heritage

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: M1
  • State Land Use Code: M1
  • Mobile Home Indicator: T
  • Legal Description 1: PARK # 1 CB 4232 P-52 ABS 792 MH LABEL NTA1945388

Neighborhood

  • School District Name: Somerset Independent School District
  • School Tax School District: 76
  • Census Tract: 162004

Geography

  • Parcel: 81200-000-0520
  • Municipality: VON ORMY
  • Latitude: 29.2449
  • Longitude: -98.6696

    Address

  • Full Address: 18124 Benton City Rd
  • Address - House Number: 18124
  • Address - Street Name: Benton City
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Von Ormy
  • Carrier Code: R004
  • 4-Digit Zip Code: 3986
  • Zip Code: 78073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $184,172
  • Tax Rate Code Area: 76

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 124,087
  • High Value: 141,403
  • Low Value: 106,771

    Market Valuation

  • Market Total Value: $95,860
  • Market Improvement Value: $95,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,860
  • Assessed Improvements Value: $95,860
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:

$218,999

Sale Price/ft²

$137

Below Asking

0.06%

Average Days on Market

107

Average Home Size

2108 ft²

Average Home Age

25.6 years

Currently For Sale

25 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: Henry Herrera, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1160576
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 18124 Benton City Road built and last sold?
The property at 18124 Benton City Road was built in 2020 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18124 Benton City Road is $108,385.
What are some comparable homes to 18124 Benton City Road?
There are currently no comparable homes to 18124 Benton City Road.
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