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Medina 78056
280 County Road 2750
$587,000
● House - Off Market

280 County Road 2750

Mico, TX 78056
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,144 Ft²
$604,539
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Touch the Stars in this 365 degree Spectacular View 2 Story Home on 10 acres. Double Deco Iron drs greet you - opens into a grand 2 st entry, Romeo & Juliet Balcony overhang. 2 Liv, Formal Din, Lg eat-in island kitchen, granite counters. 3 Fireplaces, Liv,Fam,Mast Bed. Oak wood,marble  Floors, Crown Molding. 4 bedrooms-Master Suite/1st fl, 3 bed rm,study,Fam  Rm up. Covered porches front & back. Catch the sun rising and setting. 1 detached gar, covered carport/for 2 cars/trucks, storage Bldg. Well, Septic. The Sun Rises and Sets on this Property! Welcome Home!
Unit Size
3,144 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$191
Property Type
House
Property Taxes
$664
HOA Dues
-
Year Built
2005

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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: 5 months ago (LERA #1619838)

Price History

Date / Event Date Event Price
May 11, 2023 Sold
Premium
Sold
Jul 3, 2022 Listed by Christian Brother, REALTORS $599,888
Listed by Christian Brother, REALTORS

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • 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: 435,600
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,144
  • Gross Building Area: 4,058
  • Building Area: 3,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAR SPRING RANCH SUBDIVISION
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BEAR SPRING RANCH UNIT 7 LOT 248

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000104

Geography

  • Account Number: 0S0248-00000-00248-60965
  • Parcel: 60965
  • Lot: 248
  • Municipality: MICO
  • Latitude: 29.572
  • Longitude: -98.8463

    Address

  • Full Address: 280 County Road 2750
  • Address - House Number: 280
  • Address - Street Name: County Road 2750
  • State: TX
  • City Name: Mico
  • Carrier Code: H001
  • 4-Digit Zip Code: 5441
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,803
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 630,161
  • High Value: 795,926
  • Low Value: 464,396

    Market Valuation

  • Market Total Value: $617,590
  • Market Land Value: $147,200
  • Market Improvement Value: $470,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,590
  • Assessed Land Value: $147,200
  • Assessed Improvements Value: $470,390

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: May 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4000
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 Medina

Stats & Trends

Median Asking:

$384,790

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2414 ft²

Average Home Age

14.8 years

Currently For Sale

521 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

Rentals Near You

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LERA

Listed by: Susan Spitzer, Christian Brother, REALTORS
Last Updated: 5 months ago
Data Source: LERA, MLS# 1619838
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 280 County Rd 2750 built and last sold?
The property at 280 County Rd 2750 was built in 2005 and last sold on May 11, 2023 for $624,568.
How much is this home worth?
The estimated value of the home located at 280 County Rd 2750 is $607,561.
What are some comparable homes to 280 County Rd 2750?
There are currently no comparable homes to 280 County Rd 2750.
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