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Marion 78124
316 SUNFLOWER DR
$55,000
● House - Off Market

316 SUNFLOWER DR

Marion, TX 78124
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$129,971
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Perfect little cottage near the center of Marion!  Just off of FM 78, within Marion city limits, and walking distance to schools.  The home features a garage that has been converted to a 4th bedroom and a rear enclosed patio with tile flooring.  Also includes a fenced front yard, great for allowing pets or children to run around.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$52
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1988

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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 #976617)

Price History

Date / Event Date Event Price
Feb 15, 2013 Sold
Premium
Sold
Dec 4, 2012 Listed by Keller Williams Legacy $61,900
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 1,380
  • Gross Building Area: 1,404
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWLANDS
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 6 BLK: 3 ADDN: MEADOWLANDS

Neighborhood

  • School District Name: New Braunfels Independent School District
  • Census Tract: 210603

Geography

  • Assessors Map Reference: 524-A7
  • Parcel: 1G2075-0003-00600-0-00
  • Block: 3
  • Lot: 6
  • Municipality: MARION
  • Latitude: 29.5751
  • Longitude: -98.1462

    Address

  • Full Address: 316 Sunflower Dr
  • Address - House Number: 316
  • Address - Street Name: Sunflower
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Marion
  • Carrier Code: R003
  • 4-Digit Zip Code: 2009
  • Zip Code: 78124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318,582
  • Tax Rate Code Area: MAS

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 371,412
  • High Value: 439,541
  • Low Value: 303,283

    Market Valuation

  • Market Total Value: $165,000
  • Market Land Value: $14,839
  • Market Improvement Value: $150,161

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,000
  • Assessed Land Value: $14,839
  • Assessed Improvements Value: $150,161

    Sales

  • Current Sale Contract Date: Apr 03, 2013
  • Current Sale Recording Date: Apr 05, 2013
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13-007280
  • Previous Sale Recording Date: Mar 01, 2013
  • Previous Sale Contract Date: Feb 05, 2013
  • Previous Sale Document Type: 71
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 Marion

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$209

Below Asking

0.06%

Average Days on Market

69

Average Home Size

2102 ft²

Average Home Age

18.3 years

Currently For Sale

12 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

Rentals Near You

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LERA

Listed by: Steven Cruz, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 976617
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 316 Sunflower Drive built and last sold?
The property at 316 Sunflower Drive was built in 1988 and last sold on Apr 3, 2013 for $0.
How much is this home worth?
The estimated value of the home located at 316 Sunflower Drive is $72,327.
What are some comparable homes to 316 Sunflower Drive?
There are currently no comparable homes to 316 Sunflower Drive.
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