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Medina 78056
189 CR 2741
$265,000
● House - Off Market

189 CR 2741

Mico, TX 78056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,113 Ft²
$555,071
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Beautiful Texas Hill Country Rock Home.  One story open floorplan with fabulous kitchen, lots of cabinet space, granite counters and tile backsplash.  Split bedrooms, study, large laundry room, tile floors, custom paint and updated lighting fixtures. Enjoy sitting out on the covered patio enjoying the 5 acre view.  Deck with fenced yard, side entry garage.  New well drilled February 2013.  This home is a true gem, be prepared to fall in love with this wonderful home.   Easy to show!
Unit Size
2,113 Ft²
Days on Market
-
Land Size
5.05 acres
Price per sqft
$130
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #986321)

Price History

Date / Event Date Event Price
Apr 17, 2013 Sold
Premium
Sold
Feb 21, 2013 Listed by RE/MAX Preferred, REALTORS $274,900
Listed by RE/MAX Preferred, REALTORS

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 219,978
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,113
  • Gross Building Area: 3,468
  • Building Area: 2,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAR SPRING RANCH SUBDIVISION
  • Land Acres: 0000005050
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BEAR SPRING RANCH UNIT 4 LOT 142

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000104

Geography

  • Account Number: 0S0230-00000-00142-59506
  • Parcel: 59506
  • Lot: 142
  • Municipality: MICO
  • Latitude: 29.5555
  • Longitude: -98.8589

    Address

  • Full Address: 189 County Road 2741
  • Address - House Number: 189
  • Address - Street Name: County Road 2741
  • State: TX
  • City Name: Mico
  • Carrier Code: H001
  • 4-Digit Zip Code: 5357
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,554
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2525
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 560,758
  • High Value: 702,399
  • Low Value: 419,116

    Market Valuation

  • Market Total Value: $537,060
  • Market Land Value: $129,530
  • Market Improvement Value: $407,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $537,060
  • Assessed Land Value: $129,530
  • Assessed Improvements Value: $407,530

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2013
  • Current Sale Recording Date: Apr 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2013002941
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Contract Date: Aug 06, 2008
  • Previous Sale Amount: $282,000
  • 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 Medina

Stats & Trends

Median Asking:

$392,990

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2366 ft²

Average Home Age

15.7 years

Currently For Sale

522 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: Sharon Manning, RE/MAX Preferred, REALTORS
Last Updated: 5 months ago
Data Source: LERA, MLS# 986321
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 189 County Rd 2741 built and last sold?
The property at 189 County Rd 2741 was built in 2005 and last sold on Apr 17, 2013 for $300,000.
How much is this home worth?
The estimated value of the home located at 189 County Rd 2741 is $284,262.
What are some comparable homes to 189 County Rd 2741?
There are currently no comparable homes to 189 County Rd 2741.
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