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Wilson 78121
2729 COUNTY ROAD 357
$230,000
● Land - Off Market

2729 COUNTY ROAD 357

La Vernia, TX 78121
bedrooms
Studio
bathrooms
0 Bath
$366,564
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

The perfect property for your custom built home or recreational use! No time requirement to build. Several potential homesites. Enjoy the privacy and seclusion of country living with close and convenient access to Hwy 87, FM 1346, Hwy Loop 1604 and Hwy 90. Shopping and restaurants less than 10 minutes drive-time. Last and largest of seven lots  available in exclusive and coveted Carpenter Ridge subdivision. Heavily treed lot, AG exempt, horses allowed, water and electric available, pond on property.
Unit Size
-
Days on Market
-
Land Size
14.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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: 4 months ago (LERA #1377796)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
Apr 17, 2019 Listed by Kuper Sotheby's Int'l Realty $250,000
Listed by Kuper Sotheby's Int'l Realty

Property Highlights

Building Info

Overview

    General

  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 925
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 632,056
  • Total Building Area: 5,416
  • Gross Building Area: 5,917
  • Building Area: 5,917
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,491
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: CARPENTER RIDGE SUB
  • Land Acres: 0000014510
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: CARPENTER RIDGE SUB, LOT 1, ACRES 14.51

Neighborhood

  • School District Name: La Vernia Independent School District
  • School Tax School District: LA VERNIA ISD
  • Census Tract: 000103

Geography

  • Parcel: 20103308
  • Lot: 1
  • Municipality: LA VERNIA
  • Latitude: 29.3703
  • Longitude: -98.1892

    Address

  • Full Address: 2729 County Road 357
  • Address - House Number: 2729
  • Address - Street Name: County Road 357
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R002
  • 4-Digit Zip Code: 4211
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,021,372
  • Tax Rate Code Area: GW SL HH W

    Market Valuation

  • Market Total Value: $965,300
  • Market Land Value: $250,000
  • Market Improvement Value: $715,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,944

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 086076
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Contract Date: Feb 17, 2017
  • Previous Sale Amount: $310,600
  • 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:

$495,000

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2319 ft²

Average Home Age

18.7 years

Currently For Sale

333 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: Rachel Williamson, Kuper Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: LERA, MLS# 1377796
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 2729 County Rd 357 built and last sold?
The property at 2729 County Rd 357 was built in and last sold on Aug 16, 2019 for $244,400.
How much is this home worth?
The estimated value of the home located at 2729 County Rd 357 is $252,500.
What are some comparable homes to 2729 County Rd 357?
There are currently no comparable homes to 2729 County Rd 357.
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