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Universal City 78148 Judson
207 MADRID DR
$258,000
● House - Off Market

207 MADRID DR

Universal City, TX 78148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,804 Ft²
$1,713
Est. Monthly

About This Property

Awesome 1 story, in Universal City, with close proximity to Highways, shopping, and Randolph Air Force Base!  Almost unheard of in this neighborhood, one owner property since constructed. Ranch style, with classic curb appeal!  Side entry 2 car garage, with brick construction, and large driveway.  Classic courtyard, that leads to double door entry.  Two living areas, with separate dining room, and built in wet bar.  Exceptionally cared for property, owned by same family for 50+ years!   3 ample sized bedrooms, with primary bedroom, connecting to a private full bath. Wonderful back yard, with covered patio and mature trees; plus a alley behind the property for access.  This home is ready for a new family to make it their own!
Unit Size
1,804 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$139
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1969

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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: 4 months ago (LERA #1736758)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Premium
Sold
Dec 1, 2023 Listed by ERA Brokers Consolidated $249,900
Listed by ERA Brokers Consolidated

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 98
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,239
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 5047B BLK 2 LOT 20

Neighborhood

  • School District Name: Judson Independent School District
  • School Tax School District: 54
  • Census Tract: 121601

Geography

  • Assessors Map Reference: 554C2
  • Subdivision Tract Number: 20
  • Parcel: 05047-031-0200
  • Block: 2
  • Lot: 20
  • Municipality: UNIVERSAL CITY
  • Latitude: 29.5535
  • Longitude: -98.3163

    Address

  • Full Address: 207 Madrid Dr
  • Address - House Number: 207
  • Address - Street Name: Madrid
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Universal City
  • Carrier Code: C010
  • 4-Digit Zip Code: 3140
  • Zip Code: 78148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $548,788
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 256,244
  • High Value: 299,492
  • Low Value: 212,997

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $67,640
  • Market Improvement Value: $192,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,073
  • Assessed Land Value: $67,640
  • Assessed Improvements Value: $192,360

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3687
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 Judson

Stats & Trends

Median Asking:

$253,000

Sale Price/ft²

$139

Above Asking

0.48%

Average Days on Market

81

Average Home Size

2035 ft²

Average Home Age

22.1 years

Currently For Sale

817 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 220 Colonial Bluff, Universal City, TX, 78148

$2,065 /mo

  • 4 Beds
  • 2 Baths
  • 2,508 ft²
220 Colonial Bluff, Universal City, TX, 78148 Listing by Shannon Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Chad Hughes, ERA Brokers Consolidated
Last Updated: 4 months ago
Data Source: LERA, MLS# 1736758
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 207 Madrid Drive built and last sold?
The property at 207 Madrid Drive was built in 1969 and last sold on Jan 5, 2024 for $261,183.
How much is this home worth?
The estimated value of the home located at 207 Madrid Drive is $254,230.
What are some comparable homes to 207 Madrid Drive?
There are currently no comparable homes to 207 Madrid Drive.
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