$125,000
●
Land -
For Sale
187 PRIVATE ROAD 1712
Mico, TX 78056
Studio
0 Bath
$840
Est. Monthly
$40
HOA / Fees
About This Property
Seller financing is available with a down payment of $5,000. This
stunning site is situated atop a hill in the esteemed Dancing Bear
Ranch, boasting breathtaking views of the hill country. It presents
an excellent opportunity to construct a personalized home featuring
stunning hill country vistas with the builder of your choosing.
There are no city taxes, and you have the flexibility to build at
your own pace. The community has a waterfront park that features a
sandy beach, a fishing pier, a boat launch, and a pavilion with
tables. A minimum square footage of 2000 is required for a
one-story home, while a 2500 square foot minimum is mandatory for a
two-story home.
Unit Size
-
Days on Market
-
Land Size
2.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$185
HOA Dues
$40
Year Built
-
Listed By
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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: 3 months ago (LERA #2000352)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Listed by Home Team of America | $125,000 | |
| Listed by Home Team of America | |||
| Jun 16, 2023 | No longer available | - | |
| No longer available | |||
| Apr 14, 2023 | Listed by Home Team of America Realtors | $140,000 | |
| Listed by Home Team of America Realtors | |||
| | |||
|
Seller financing is available with a down payment of $15,000. This stunning site is situated atop a hill in the esteemed Dancing Bear Ranch, boasting breathtaking views of the hill country. It presents an excellent opportunity to construct a personalized home featuring stunning hill country vistas with the builder of your choosing. There are no city taxes, and you have the flexibility to build at your own pace. The community has a waterfront park that features a sandy beach, a fishing pier, a boat launch, and a pavilion with tables. A minimum square footage of 2000 is required for a one-story home, while a 2500 square foot minimum is mandatory for a two-story home.
| |||
| Feb 5, 2023 | No longer available | - | |
| No longer available | |||
| Sep 22, 2022 | Listed by KELLER WILLIS SAN ANTONIO INC | $115,000 | |
| Listed by KELLER WILLIS SAN ANTONIO INC | |||
| | |||
|
Come enjoy this beautiful, over 2-acre lot in the exclusive gated Dancing Bear Ranch neighborhood! Build your own custom home and enjoy the gorgeous hill country views that this lot has to offer! The gated community of Dancing Bear Ranch has countless amenities for you and your family to enjoy, including a community park, playground, basketball courts and pavilion. Head on down to the private park on Medina Lake that offers a private boat launch for residents, fishing pier, covered pavilion, and BBQ pits. With no city taxes and water and electric available, this lot is ready for you to come and enjoy the heart of the hill country! Enjoy being minutes from Medina Lake, but also a short drive to San Antonio! The manager has listed the unit size as 88209 square feet.
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Property Highlights
Exterior Details
Lot Size Area: 88209
Lot Size Units: Square Feet
Lot Size Acres: 2.025
Lot Size Square Feet: 88209
Financial Details
Tax Annual Amount: $2,224
Location Details
HOA Fee: $480
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Medina
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Listed by: Michael Flores, Home Team of America
Last Updated: 3 months ago
Data Source: LERA, MLS# 2000352
Last Updated: 3 months ago
Data Source: LERA, MLS# 2000352
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