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Lampasas 76550
370 County Road 3106
$220,000
● House - Off Market

370 County Road 3106

Lampasas, TX 76539
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,248 Ft²
$248,600
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Way below market value is this diamond in the rough! If you possess the ability to visualize and don't mind a little hard work, this property might just be the opportunity you've been looking for. Concrete slab home on almost 6 acres. Located on a paved County Road and only minutes to Lampasas. Bring the horses & chickens and live the country life you've been dreaming of!
Unit Size
1,248 Ft²
Days on Market
-
Land Size
5.98 acres
Price per sqft
$200
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
-

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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: 3 years ago (NTREIS #20377408)

Price History

Date / Event Date Event Price
Aug 24, 2023 Sold
Premium
Sold
Jul 10, 2023 Listed by TEXAS REAL ESTATE SALES $250,000
Listed by TEXAS REAL ESTATE SALES

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 260,489
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,288
  • Gross Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLTOP ACRES
  • Land Acres: 0000005980
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: TR: 21 A ADDN: HILLTOP ACRES AC: 5.98 LOCCD:108

Neighborhood

  • School District Name: Lampasas Independent School District
  • Census Tract: 950302

Geography

  • Account Number: 11060-000-021-10
  • Subdivision Tract Number: 21
  • Parcel: 4253
  • Municipality: KEMPNER
  • Latitude: 31.1005
  • Longitude: -98.0925

    Address

  • Full Address: 370 County Road 3106
  • Address - House Number: 370
  • Address - Street Name: County Road 3106
  • State: TX
  • City Name: Kempner
  • Carrier Code: R006
  • 4-Digit Zip Code: 3436
  • Zip Code: 76539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $147,490
  • Tax Rate Code Area: LAM R&B SL

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 69
  • Final Value: 330,717
  • High Value: 403,940
  • Low Value: 257,493

    Market Valuation

  • Market Total Value: $326,800
  • Market Land Value: $200,930
  • Market Improvement Value: $125,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,800
  • Assessed Land Value: $200,930
  • Assessed Improvements Value: $125,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 198532
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 Lampasas

Stats & Trends

Median Asking:

$330,990

Sale Price/ft²

$187

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1732 ft²

Average Home Age

36.3 years

Currently For Sale

99 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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NTREIS

Listed by: Leah Caruthers, TEXAS REAL ESTATE SALES
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20377408
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 370 County Rd 3106 built and last sold?
The property at 370 County Rd 3106 was built in and last sold on Aug 24, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 370 County Rd 3106 is $0.
What are some comparable homes to 370 County Rd 3106?
There are currently no comparable homes to 370 County Rd 3106.
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