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Wilson 78121
2859 CR 357
$284,900
● House - Off Market

2859 CR 357

La Vernia, TX 78121
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,062 Ft²
$485,971
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

WANT COUNTRY LIVING?  THIS IS IT! 3062 SQFT OF LIVING AREA.  5 BEDROOMS WITH 3 FULL BATHS ON 3.333 ACRES.  100% STAINED CEMENT FLOORING. GOURMET KIT WITH 48' VIKING GAS RANGE. THERMADO VENT-A-HOOD.  WOLF DBL CONVECTION OVEN. WALK-IN PANTRY.  TILE COUNTERTOPS & BACKSPASH IN KIT.  MEDIA CLOSET.  F/R WALL RE-INFORCED FOR FLAT SCREEN TV.  STANDIING SEAM METAL ROOF.  ALL BRICK HOME. AVAILABLE FOR QUICK MOVE-IN.  FAX OFFERS TO Jim @691-3135.
Unit Size
3,062 Ft²
Days on Market
-
Land Size
3.33 acres
Price per sqft
$93
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
2004

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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 #606194)

Price History

Date / Event Date Event Price
Mar 13, 2007 Sold
Premium
Sold
Aug 5, 2006 Listed by Keller Williams Heritage $284,900
Listed by Keller Williams Heritage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • 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: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 3,062
  • Gross Building Area: 3,458
  • Building Area: 3,062
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,062
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MESQUITE RUN
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MESQUITE RUN, LOT 5, ACRES 3.333

Neighborhood

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

Geography

  • Parcel: 42823
  • Lot: 5
  • Municipality: LA VERNIA
  • Latitude: 29.3734
  • Longitude: -98.187

    Address

  • Full Address: 2859 County Road 357
  • Address - House Number: 2859
  • Address - Street Name: County Road 357
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R002
  • 4-Digit Zip Code: 4285
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845,318
  • Tax Rate Code Area: GW SL HH W

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 542,587
  • High Value: 682,475
  • Low Value: 402,698

    Market Valuation

  • Market Total Value: $605,200
  • Market Land Value: $100,230
  • Market Improvement Value: $504,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,326

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 082164
  • Previous Sale Recording Date: Aug 11, 2009
  • Previous Sale Contract Date: Jul 15, 2009
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: 70
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: James Momone, Keller Williams Heritage
Last Updated: 4 months ago
Data Source: LERA, MLS# 606194
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 2859 County Rd 357 built and last sold?
The property at 2859 County Rd 357 was built in 2004 and last sold on Mar 27, 2019 for $218,800.
How much is this home worth?
The estimated value of the home located at 2859 County Rd 357 is $287,749.
What are some comparable homes to 2859 County Rd 357?
There are currently no comparable homes to 2859 County Rd 357.
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