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San Antonio 78209 Alamo Heights
331 ALBANY ST
$505,000
● Land - Off Market

331 ALBANY ST

Alamo Heights, TX 78209
bedrooms
Studio
bathrooms
0 Bath
square feet
2,828 Ft²
$516,956
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Incredible 0.29 acre lot in the heart of Alamo Heights. Walking distance to great restaurants & local shopping. Ideal location for your dream home on this corner lot that sits up high and enjoy the most incredible southeast facing breeze. Build your home with an outdoor space taking this into consideration so you can actually enjoy Texas any day of the year. Current home needs to be removed and property is being sold as a lot only.
Unit Size
2,828 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$177
Property Type
Land
Property Taxes
$1,354
HOA Dues
-
Year Built
1925

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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: 6 months ago (LERA #1618959)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by Phyllis Browning Company $500,000
Listed by Phyllis Browning Company

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 104
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,787
  • Total Building Area: 2,828
  • Gross Building Area: 3,406
  • Building Area: 2,828
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,828
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALAMO HEIGHTS
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 4050 BLK 81 LOT 33, 34, 35, 36, 37 1020083

Neighborhood

  • School District Name: Alamo Heights Independent School District
  • School Tax School District: 50
  • Census Tract: 120301

Geography

  • Assessors Map Reference: 583C4
  • Subdivision Tract Number: 33
  • Parcel: 04050-081-0330
  • Block: 81
  • Lot: 33
  • Municipality: ALAMO HEIGHTS
  • Latitude: 29.4831
  • Longitude: -98.4619

    Address

  • Full Address: 331 Albany St
  • Address - House Number: 331
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C020
  • 4-Digit Zip Code: 4625
  • Zip Code: 78209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,050,887
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 499,232
  • High Value: 583,489
  • Low Value: 414,974

    Market Valuation

  • Market Total Value: $505,000
  • Market Land Value: $494,350
  • Market Improvement Value: $10,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,000
  • Assessed Land Value: $494,350
  • Assessed Improvements Value: $10,650

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180477
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 Uptown Broadway

Stats & Trends

Median Asking:

$499,500

Sale Price/ft²

$267

Below Asking

0.03%

Average Days on Market

79

Average Home Size

2239 ft²

Average Home Age

57.7 years

Currently For Sale

298 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

Unit for rent at 216 Lucas St St, San Antonio, TX, 78209

$750 /mo

  • 1 Bed
  • 1 Bath
  • 565 ft²
216 Lucas St St #2, San Antonio, TX, 78209 Listing by Robert Eyers

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Krista Boazman, Phyllis Browning Company
Last Updated: 6 months ago
Data Source: LERA, MLS# 1618959
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 331 Albany Street built and last sold?
The property at 331 Albany Street was built in 1925 and last sold on Sep 29, 2023 for $837,900.
How much is this home worth?
The estimated value of the home located at 331 Albany Street is $505,000.
What are some comparable homes to 331 Albany Street?
There are currently no comparable homes to 331 Albany Street.
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