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Atascosa 78065
3116 Eichman Rd
$55,000
● Land - Off Market

3116 Eichman Rd

Poteet, TX 78065
bedrooms
Studio
bathrooms
0 Bath
square feet
1,218 Ft²
$120,372
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

SELLER WILL OWNER FINANCE WITH $15,000 DOWN!!    5 ACRES with lots of large mature oak trees. This BEAUTIFUL property has 2 mobile homes, 2 electric meters, 2 septic tanks, 2 water meters and a water well. PROPERTY IS FENCED AND CROSS FENCED! HORSES ALLOWED! NO RESTRICTIONS! BEST OF BOTH WORLDS ***COUNTRY LIVING with CITY CONVENIENCES!!*** there is NO VALUE in the mobile homes, if buyer wants them removed then seller can remove them. Come check out the BEAUTIFUL WILDFLOWERS!!
Unit Size
1,218 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$45
Property Type
Land
Property Taxes
$48
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #844886)

Price History

Date / Event Date Event Price
May 3, 2011 Sold
Premium
Sold
Jun 26, 2010 Listed by Keller Williams Heritage $55,000
Listed by Keller Williams Heritage

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • 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: 217,800
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAN ANTONIO COUNTRY ESTATES
  • Land Acres: 0000005000
  • Standard Land Use Code: 1109
  • County Land Use Code: A4
  • Legal Description 1: SAN ANTONIO COUNTRY ESTATES, LOT 7, ACRES 5

Neighborhood

  • School District Name: Somerset Independent School District
  • Census Tract: 960205

Geography

  • Account Number: 03260-01-000-000700
  • Parcel: R33394
  • Lot: 7
  • Municipality: POTEET
  • Latitude: 29.1361
  • Longitude: -98.6272

    Address

  • Full Address: 3116 Eichman Rd
  • Address - House Number: 3116
  • Address - Street Name: Eichman
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Poteet
  • Carrier Code: R002
  • 4-Digit Zip Code: 4623
  • Zip Code: 78065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $165,835
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: FMLR GAT S

    Appraisal Valuation

  • Standard Deviation: 0.4091
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 64,326
  • High Value: 90,642
  • Low Value: 38,009

    Market Valuation

  • Market Total Value: $105,920
  • Market Land Value: $90,000
  • Market Improvement Value: $15,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,920
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $15,920

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 218591
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Aug 12, 2021
  • Previous Sale Amount: $139,400
  • 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 Atascosa

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$171

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1802 ft²

Average Home Age

29.1 years

Currently For Sale

242 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

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LERA

Listed by: Charlottee Menchaca, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 844886
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 3116 Eichman Road built and last sold?
The property at 3116 Eichman Road was built in 1968 and last sold on Sep 15, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 3116 Eichman Road is $55,550.
What are some comparable homes to 3116 Eichman Road?
There are currently no comparable homes to 3116 Eichman Road.
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