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Bee 78387
215 CR 624
Photo of 215 CR 624
Sold on Jun 17, 2015

1

Map

$99,000
● House - Off Market

215 CR 624

Papalote, TX 78389
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$186,936
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

A nice older home located on 5 ac. just off of HWY 181 at Papalote. Fresh paint, metal roof,  storage building  corner lot, move in ready.; Original MLS#: 103947; Deed Restrictions: ; Home Warranty: No; Land Size Apx: 5.0; Property Condition: Good; Property Exclusions: Personal property; Room List: Formal Dining; Water District: No; Water Heater: Electric
Unit Size
1,296 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$81
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1960

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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 #1905752)

Price History

Date / Event Date Event Price
Mar 23, 2022 No longer available -
No longer available
Feb 17, 2022 In contract -
In contract
Feb 12, 2022 No longer available -
No longer available
Feb 8, 2022 Price Decreased $204,500
↓ $5K (2.4%)
Price Decreased
Feb 2, 2022 Relisted $209,500
Relisted
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 420
  • 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: 2,771
  • Gross Building Area: 2,771
  • Building Area: 2,771
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPUR
  • Land Acres: 0000005050
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: SILVER SPUR LOT 9 5.05 AC

Neighborhood

  • School District Name: Beeville Independent School District
  • Census Tract: 950600

Geography

  • Account Number: 56950-00000-09000-000000
  • Parcel: 1294
  • Lot: 9
  • Municipality: SKIDMORE
  • Latitude: 28.193
  • Longitude: -97.6182

    Address

  • Full Address: 215 County Road 624
  • Address - House Number: 215
  • Address - Street Name: County Road 624
  • State: TX
  • City Name: Skidmore
  • Carrier Code: R001
  • 4-Digit Zip Code: 3703
  • Zip Code: 78389

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,221
  • Tax Rate Code Area: 1 30 50 69

    Appraisal Valuation

  • Standard Deviation: 0.457
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 8
  • Final Value: 180,072
  • High Value: 262,377
  • Low Value: 97,766

    Market Valuation

  • Market Total Value: $199,970
  • Market Land Value: $50,500
  • Market Improvement Value: $149,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,970
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $149,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 970
  • Previous Sale Recording Date: Jun 17, 2015
  • Previous Sale Contract Date: Jun 17, 2015
  • Previous Sale Amount: $98,500
  • 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 Bee

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$128

Below Asking

0.03%

Average Days on Market

95

Average Home Size

1832 ft²

Average Home Age

43.7 years

Currently For Sale

79 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

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LERA

Listed by: Richard Rabe, Rabe Real Estate LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1905752
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 215 County Rd 624 built and last sold?
The property at 215 County Rd 624 was built in 1960 and last sold on Jan 1, 1970 for $218,285.
How much is this home worth?
The estimated value of the home located at 215 County Rd 624 is $207,866.
What are some comparable homes to 215 County Rd 624?
There are currently no comparable homes to 215 County Rd 624.
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