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Schertz 78154
308 2ND
$91,500
● House - Off Market

308 2ND

Schertz, TX 78154
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,452 Ft²
$158,465
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

THIS HOME IS A MUST SEE,CLEAN AND READY FOR YOUR BUYER TO MOVE INTO.KITCHEN AND BOTH BATHS HAVE BEEN COMPLETELY RENOVATED AND UPDATED.APPLICANCES REPLACED WITHIN PAST 2 YRS.CEILING FANS THROUGH OUT HOME, NEW CARPET,NEW PAINT,VERY LARGE BACKYARD.DRIVE THROUGH GATE TO BACK YARD,ENOUGH ROOM FOR GARAGE OR ADDITION.
Unit Size
1,452 Ft²
Days on Market
-
Land Size
-
Price per sqft
$64
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
1953

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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: 6 months ago (LERA #632081)

Price History

Date / Event Date Event Price
Mar 2, 2007 Sold
Premium
Sold
Jan 17, 2007 Listed by 1st State Realty $92,900
Listed by 1st State Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 1
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 1,452
  • Gross Building Area: 1,484
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONE STAR
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 1 BLK: ADDN: LONE STAR

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210705

Geography

  • Assessors Map Reference: 555-D2
  • Parcel: 1G1940-0000-00100-0-00
  • Lot: 1
  • Municipality: SCHERTZ
  • Latitude: 29.5507
  • Longitude: -98.268

    Address

  • Full Address: 308 2nd St
  • Address - House Number: 308
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: TX
  • City Name: Schertz
  • Carrier Code: C002
  • 4-Digit Zip Code: 2154
  • Zip Code: 78154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $343,383
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 253,604
  • High Value: 310,302
  • Low Value: 196,907

    Market Valuation

  • Market Total Value: $215,288
  • Market Land Value: $29,546
  • Market Improvement Value: $185,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,139
  • Assessed Land Value: $29,546
  • Assessed Improvements Value: $185,742

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201899003880
  • Previous Sale Recording Date: Apr 03, 2009
  • Previous Sale Contract Date: Mar 23, 2009
  • Previous Sale Amount: $79,600
  • 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 Schertz

Stats & Trends

Median Asking:

$331,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2313 ft²

Average Home Age

17.2 years

Currently For Sale

315 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: Kent Hicks, 1st State Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 632081
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 308 2nd Street built and last sold?
The property at 308 2nd Street was built in 1953 and last sold on Feb 22, 2018 for $181,600.
How much is this home worth?
The estimated value of the home located at 308 2nd Street is $101,437.
What are some comparable homes to 308 2nd Street?
There are currently no comparable homes to 308 2nd Street.
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