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Medina 78056
LOT 189 CR 2744
$42,000
● Land - Off Market

LOT 189 CR 2744

Mico, TX 78056
bedrooms
Studio
bathrooms
0 Bath
$83,423
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Wonderful 5.05 acre lot with incredible picturesque views.  Quite Cul De Sac.  Mature trees. Great building spot for your dream home.
Unit Size
-
Days on Market
-
Land Size
5.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$78
HOA Dues
-
Year Built
2004

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: 5 months ago (LERA #1145907)

Price History

Date / Event Date Event Price
Dec 3, 2015 Sold
Premium
Sold
Oct 29, 2015 Listed by Northwest Real Estate $47,000
Listed by Northwest Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • 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: 2,446
  • Gross Building Area: 5,328
  • Building Area: 2,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,446
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAR SPRING RANCH UNIT 7
  • Land Acres: 0000005050
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BEAR SPRING RANCH UNIT 7 LOT 251

Neighborhood

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

Geography

  • Account Number: 0S0248-00000-00251-60968
  • Parcel: 60968
  • Lot: 251
  • Municipality: MICO
  • Latitude: 29.5735
  • Longitude: -98.8507

    Address

  • Full Address: 189 County Road 2750
  • Address - House Number: 189
  • Address - Street Name: County Road 2750
  • State: TX
  • City Name: Mico
  • Carrier Code: H001
  • 4-Digit Zip Code: 5455
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 558,307
  • High Value: 655,968
  • Low Value: 460,646

    Market Valuation

  • Market Total Value: $612,400
  • Market Land Value: $129,530
  • Market Improvement Value: $482,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,400
  • Assessed Land Value: $129,530
  • Assessed Improvements Value: $482,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020007898
  • Previous Sale Recording Date: Jul 12, 2018
  • Previous Sale Contract Date: Jul 10, 2018
  • Previous Sale Amount: $303,600
  • 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:

$389,000

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2416 ft²

Average Home Age

14.7 years

Currently For Sale

523 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: Bob Drozd, Northwest Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1145907
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 2744 built and last sold?
The property at 189 County Rd 2744 was built in 2004 and last sold on Aug 20, 2020 for $456,200.
How much is this home worth?
The estimated value of the home located at 189 County Rd 2744 is $47,470.
What are some comparable homes to 189 County Rd 2744?
There are currently no comparable homes to 189 County Rd 2744.
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