$167,500 Last Listed Price
●
House -
Off Market
309 Kings Hill
Palacios, TX 77465
3 Beds
2 Baths
1,940 Ft²
$173,180
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Vacation Every Day At Home*The Home Is Sitting On 4 Large Lots All
Are Water Frontage*Fishing Steps From Your Front Porch*Kitchen Tile
Backsplash With White Cabinets*Items Upgraded In 2022: Hardware on
Kitchen Cabinets, Ventahood Over Stove, Light Fixture In Kitchen,
Interior Paint, Sheetrock Over Paneling, Carpet in Living Room,
Laminate Floors In Kitchen, Dining, Hallway, 2 Bedrooms, & Blinds.
Refrigerator, Washer, & Dryer Remain With The Sale. Exterior
Of The Home Is Easy Care Of Cement Board. Attached Garage Is 21
Feet Long With Great Storage*Garage Door Opener*Septic Tank With
Aerobic*Entrance Into Subdivision Is Gated*Updated Upstairs Bath
W/New Laminate Floors, Vanity, Sink, Vanity, Countertop, Mirror,
Commode, & Paint.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
-
Price per sqft
$86
Property Type
House
Property Taxes
$164
HOA Dues
$17
Year Built
1977
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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 (HAR #80450382)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $175,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
   | |||
|
Vacation every day at 309 Kings Hill, Palacios, TX 77465, a waterfront retreat where relaxation meets recreation. This charming three-bedroom, two-bath home sits on three spacious lots, all with direct water frontage, offering breathtaking views and easy access to nature. Imagine fishing just steps from your back porch, or enjoying peaceful mornings in the cozy sunroom, watching birds and wildlife over the water. The home provides plenty of space inside and out, perfect for entertaining, family getaways, or everyday living in a serene setting. Whether you're casting a line, soaking up the sun, or simply savoring the tranquility, this property lets you live the vacation lifestyle all year long.
| |||
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 17, 2024 | Price Decreased |
$179,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
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About Matagorda
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Listed by: Ronald Linton, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 80450382
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Last Updated: 4 months ago
Data Source: HAR , MLS# 80450382
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