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Devine 78016
340 SOLLOCK DR
$515,000
● House - Off Market

340 SOLLOCK DR

Devine, TX 78016
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,972 Ft²
$469,628
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This is the one you have been waiting for!  Stunning 3 bedroom, 2-1/2 bath home sits on .6 +/- acres at the end of cul-de-sac. Close to golf course and city park.  Living room features vaulted ceilings and fireplace.   Kitchen has large island, eat at bar, double oven and walk-in pantry.  Master suite has French doors that open to gorgeous backyard. Master bath has double sinks, separate shower and soaker tub, amazing walk-in closet.   The backyard is where you will live! In-ground pool, covered back porch, "to die for" out door kitchen which includes 1/2 bath.   Property is full of beautiful landscaping and mature trees.
Unit Size
2,972 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$157
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1994

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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 #1594685)

Price History

Date / Event Date Event Price
May 11, 2022 Sold
Premium
Sold
Mar 24, 2022 Listed by Morales Realty, LLC $466,000
Listed by Morales Realty, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,071
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 2,010
  • Total Building Area: 2,510
  • Gross Building Area: 4,140
  • Building Area: 2,510
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,510
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEDGEWOOD SUBDIVISION
  • Land Acres: 0000000599
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: WEDGEWOOD UNIT 2 BLOCK 3 (NCB 187) LOT 12 & 13

Neighborhood

  • School District Name: Devine Independent School District
  • School Tax School District: HSP MWD RFM SDE
  • Census Tract: 000802

Geography

  • Account Number: DE0023-00003-00012-15840
  • Parcel: 15840
  • Block: 3
  • Lot: 12,13
  • Municipality: HONDO
  • Latitude: 29.1608
  • Longitude: -98.9112

    Address

  • Full Address: 340 Sollock Dr
  • Address - House Number: 340
  • Address - Street Name: Sollock
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Devine
  • Carrier Code: C002
  • 4-Digit Zip Code: 1012
  • Zip Code: 78016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: CDE FED2 F

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 535,920
  • High Value: 666,479
  • Low Value: 405,361

    Market Valuation

  • Market Total Value: $507,260
  • Market Land Value: $46,150
  • Market Improvement Value: $461,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $507,260
  • Assessed Land Value: $46,150
  • Assessed Improvements Value: $461,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5024
  • Previous Sale Recording Date: Jun 01, 2005
  • Previous Sale Contract Date: May 31, 2005
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: ADJ
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 Devine

Stats & Trends

Median Asking:

$238,000

Sale Price/ft²

$178

Below Asking

0.04%

Average Days on Market

69

Average Home Size

1762 ft²

Average Home Age

46.6 years

Currently For Sale

32 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 112 Dixon Dr, TX, 78016

$428 /mo

  • 1 Bed
  • 1 Bath
112 Dixon Dr, TX, 78016 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Deborah Petty, Morales Realty, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1594685
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 340 Sollock Dr Drive built and last sold?
The property at 340 Sollock Dr Drive was built in 1994 and last sold on May 11, 2022 for $504,700.
How much is this home worth?
The estimated value of the home located at 340 Sollock Dr Drive is $478,029.
What are some comparable homes to 340 Sollock Dr Drive?
There are currently no comparable homes to 340 Sollock Dr Drive.
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