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Guadalupe 78155
2209 El Rhea Dr
$127,000
● Land - Off Market

2209 El Rhea Dr

Seguin, TX 78155
bedrooms
Studio
bathrooms
0 Bath
$290,473
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Wonderful location on Lake Placid.  Lot has approx 146 ft of waterfront, concrete retaining wall, and mature trees.   THIS IS THE PERFECT PLACE FOR A LAKESIDE RETREAT.  Small section of retaining wall is old retaining wall and old pier/dock.  Home must be built to FEMA/County guidelines.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$87
HOA Dues
-
Year Built
2008

Payment Calculator

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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 #921881)

Price History

Date / Event Date Event Price
Oct 11, 2013 Sold
Premium
Sold
Nov 21, 2011 Listed by Karen McMillan + Assoc REALTOR $149,000
Listed by Karen McMillan + Assoc REALTOR

Property Highlights

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 2,510
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EL RHEA COURTS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: LOT: 2,3 PT OF;(TRK 5) BLK: ADDN: EL RHEA COURTS .18 AC

Neighborhood

  • School District Name: Seguin Independent School District
  • Census Tract: 210805

Geography

  • Assessors Map Reference: 526-F8
  • Subdivision Tract Number: 5
  • Parcel: 1G0890-0000-00240-0-00
  • Lot: 2
  • Municipality: SEGUIN
  • Latitude: 29.5648
  • Longitude: -98.0132

    Address

  • Full Address: 2209 El Rhea Dr
  • Address - House Number: 2209
  • Address - Street Name: El Rhea
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Seguin
  • Carrier Code: C007
  • 4-Digit Zip Code: 3005
  • Zip Code: 78155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,390
  • Tax Rate Code Area: SGS

    Appraisal Valuation

  • Standard Deviation: 0.2145
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 333,972
  • High Value: 405,625
  • Low Value: 262,319

    Market Valuation

  • Market Total Value: $186,153
  • Market Land Value: $150,895
  • Market Improvement Value: $35,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,153
  • Assessed Land Value: $150,895
  • Assessed Improvements Value: $35,258

    Sales

  • Current Sale Contract Date: Oct 10, 2013
  • Current Sale Recording Date: Oct 21, 2013
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13-022645
  • Previous Sale Recording Date: Dec 30, 2009
  • Previous Sale Contract Date: Nov 20, 2009
  • 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 Guadalupe

Stats & Trends

Median Asking:

$304,990

Sale Price/ft²

$152

Above Asking

93.47%

Average Days on Market

92

Average Home Size

2175 ft²

Average Home Age

13.2 years

Currently For Sale

1522 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 3209 Ridge Pl, Seguin, TX, 78155

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,355 ft²
3209 Ridge Pl, Seguin, TX, 78155 Listing by Jonathan Ratcliff
Unit for rent at 120 Erskine Ferry Rd, Seguin, TX, 78155

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,928 ft²
120 Erskine Ferry Rd, Seguin, TX, 78155 Listing by Lidia Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Heath Anders, Karen McMillan + Assoc REALTOR
Last Updated: 5 months ago
Data Source: LERA, MLS# 921881
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 2209 El Rhea Drive built and last sold?
The property at 2209 El Rhea Drive was built in 2008 and last sold on Oct 10, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 2209 El Rhea Drive is $150,490.
What are some comparable homes to 2209 El Rhea Drive?
There are currently no comparable homes to 2209 El Rhea Drive.
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