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Wilson 78121
196 COPPER RIDGE DR
$502,500
● House - Off Market

196 COPPER RIDGE DR

La Vernia, TX 78121
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,820 Ft²
$743,570
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

THIS IS NOT A COOKIE CUTTER HOME !! Are you looking for the BEVERLY HILLS LUXURY living experience w/ all the bells a whistles & affordable price tag on 1.43 acres w/ HUGE SHOP !? This DROP DEAD GORGEOUS MANSION has it all. Featuring a XXL LUXURY kitchen right out of a FAIRY TALE that leads into the bright & open fam. rm. creating a modern atmosphere perfect for entertaining w/ a relaxed, indoor-outdoor flow to the GIGANTIC COV. PATIO w/ FIREPLACE & screened in PATIO. Did I mention that there is a MEDIA RM
Unit Size
3,820 Ft²
Days on Market
-
Land Size
1.43 acres
Price per sqft
$136
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
-

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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 #1424923)

Price History

Date / Event Date Event Price
Mar 2, 2020 Sold
Premium
Sold
Nov 19, 2019 Listed by eXp Realty $519,975
Listed by eXp Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Effective Year Built: 2010
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 391
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 62,247
  • Total Building Area: 4,211
  • Gross Building Area: 4,698
  • Building Area: 3,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COPPER CREEK ESTATES
  • Land Acres: 0000001429
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: COPPER CREEK ESTATES, LOT 71, (U-2), ACRES 1.429

Neighborhood

  • School District Name: La Vernia Independent School District
  • School Tax School District: LA VERNIA ISD
  • Census Tract: 000404

Geography

  • Parcel: 65399
  • Lot: 71
  • Municipality: LA VERNIA
  • Latitude: 29.2735
  • Longitude: -98.1761

    Address

  • Full Address: 196 Copper Ridge Dr
  • Address - House Number: 196
  • Address - Street Name: Copper Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R008
  • 4-Digit Zip Code: 4794
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,332,987
  • Tax Rate Code Area: GW SL HH W

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 697,847
  • High Value: 863,134
  • Low Value: 532,561

    Market Valuation

  • Market Total Value: $792,120
  • Market Land Value: $67,850
  • Market Improvement Value: $724,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $792,120
  • Assessed Land Value: $67,850
  • Assessed Improvements Value: $724,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 121974
  • Previous Sale Recording Date: Jun 08, 2022
  • 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 Wilson

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

89

Average Home Size

2336 ft²

Average Home Age

18.4 years

Currently For Sale

313 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

Unit for rent at 9729 Fm 775, Floresville, TX, 78114

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,193 ft²
9729 Fm 775, Floresville, TX, 78114 Listing by Paige Brown

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Carmen Bean, eXp Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1424923
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 196 Copper Ridge Drive built and last sold?
The property at 196 Copper Ridge Drive was built in and last sold on Jan 1, 1970 for $655,690.
How much is this home worth?
The estimated value of the home located at 196 Copper Ridge Drive is $525,175.
What are some comparable homes to 196 Copper Ridge Drive?
There are currently no comparable homes to 196 Copper Ridge Drive.
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