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Hondo 78861
2809 AVENUE I
$285,000
● House - Off Market

2809 AVENUE I

Hondo, TX 78861
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,022 Ft²
$1,899
Est. Monthly

About This Property

Are you looking for a remarkable place to call home in the heart of the quaint town of Hondo? Step through the entrance and you are greeted by a family and dining combo! There is an additional living room that has an open concept design to the kitchen. With four bedrooms and two full baths this is sure to meet your needs on space! Luxury vinyl flooring throughout and new carpet just installed in the bedrooms. Inviting master suite with full bath and walk-in closet. Breakfast bar, breakfast room and separate formal dining. The utility room is located inside. Come experience this home nestled on a corner lot on almost a half an acre and walking distance to Hondo High School. Nice backyard patio space to make your own oasis to enjoy! Tons of mature trees. Storage units convey. Your haven awaits you!
Unit Size
2,022 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$141
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1966

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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 #1758738)

Price History

Date / Event Date Event Price
May 3, 2024 Sold
Premium
Sold
Mar 14, 2024 Listed by Keller Williams Heritage $285,000
Listed by Keller Williams Heritage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,999
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,022
  • Gross Building Area: 2,820
  • Building Area: 2,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,022
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARKULOO ADDITION
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BARKULOO BLOCK 5 LOT 6 & 7 TRACT 1

Neighborhood

  • School District Name: Hondo Independent School District
  • School Tax School District: HSP MWD RFM SHO
  • Census Tract: 000500

Geography

  • Account Number: HO0005-00005-00006-17032
  • Subdivision Tract Number: 1
  • Parcel: 17032
  • Block: 5
  • Lot: 6,7
  • Municipality: HONDO
  • Latitude: 29.3388
  • Longitude: -99.1373

    Address

  • Full Address: 2809 Avenue I
  • Address - House Number: 2809
  • Address - Street Name: Avenue I
  • State: TX
  • City Name: Hondo
  • Carrier Code: C002
  • 4-Digit Zip Code: 3314
  • Zip Code: 78861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,932
  • Tax Rate Code Area: CHO FED3 F

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 283,047
  • High Value: 333,787
  • Low Value: 232,307

    Market Valuation

  • Market Total Value: $359,610
  • Market Land Value: $56,880
  • Market Improvement Value: $302,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $359,610
  • Assessed Land Value: $56,880
  • Assessed Improvements Value: $302,730

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019004596
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 Hondo

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$162

Below Asking

0.08%

Average Days on Market

91

Average Home Size

1671 ft²

Average Home Age

56.4 years

Currently For Sale

24 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 3100 Avenue Q, TX, 78861

$729 /mo

  • 1 Bed
  • 1 Bath
3100 Avenue Q, TX, 78861 Listing by Rick Rivera
Unit for rent at 231 Stage Coach Drive, TX, 78861

$776 /mo

  • 1 Bed
  • 1 Bath
231 Stage Coach Drive, TX, 78861 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Deanna Kaplen, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1758738
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 2809 Avenue I built and last sold?
The property at 2809 Avenue I was built in 1966 and last sold on Jun 25, 2019 for $221,900.
How much is this home worth?
The estimated value of the home located at 2809 Avenue I is $286,659.
What are some comparable homes to 2809 Avenue I?
There are currently no comparable homes to 2809 Avenue I.
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