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Medina 78016
2835 CR 651
$223,000
● House - Off Market

2835 CR 651

Devine, TX 78016
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$375,144
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

All rock custom home waits for you atop 14 ac with bluff view. Land is fenced and cross fenced. 24 x12 red wood shead with power for storage. Enter traditional ranch house through wrap round poarch to soaring ceilings, ceramic tile, rock fireplace, open kitchen with large center island. Retreat to the master suite and relax in jetted tub. House is plumbed for propane but not in use. wired for Surround sound. .25 ac homestead the rest is ag exempt. Room to do everything you love
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
2000

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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 #623287)

Price History

Date / Event Date Event Price
Feb 22, 2007 Sold
Premium
Sold
Nov 12, 2006 Listed by Keller Williams Legacy $220,000
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 10,890
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,800
  • Gross Building Area: 2,640
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURVEY NO 122 ABSTRACT NO 1781
  • Land Acres: 0000000250
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: A1781 R. HERRING SURVEY 122; .25 ACRES

Neighborhood

  • School District Name: Devine Independent School District
  • School Tax School District: MWD RFM SDE
  • Census Tract: 000402

Geography

  • Account Number: 0A1781-00122-00000-59354
  • Parcel: 59354
  • Municipality: DEVINE
  • Latitude: 29.2361
  • Longitude: -99.0012

    Address

  • Full Address: 2835 County Road 651
  • Address - House Number: 2835
  • Address - Street Name: County Road 651
  • State: TX
  • City Name: Devine
  • Carrier Code: R001
  • 4-Digit Zip Code: 4094
  • Zip Code: 78016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $277,438
  • Tax Rate Code Area: FED2 FED6

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 377,443
  • High Value: 476,275
  • Low Value: 278,610

    Market Valuation

  • Market Total Value: $290,780
  • Market Land Value: $4,390
  • Market Improvement Value: $286,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,780
  • Assessed Land Value: $4,390
  • Assessed Improvements Value: $286,390

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2008
  • Current Sale Recording Date: Apr 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2008003664
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:

$385,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2372 ft²

Average Home Age

15.7 years

Currently For Sale

524 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: Terry Reitz, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 623287
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 2835 County Rd 651 built and last sold?
The property at 2835 County Rd 651 was built in 2000 and last sold on Apr 23, 2008 for $212,900.
How much is this home worth?
The estimated value of the home located at 2835 County Rd 651 is $228,729.
What are some comparable homes to 2835 County Rd 651?
There are currently no comparable homes to 2835 County Rd 651.
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