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Atascosa 78069
370 Crestway Rd
$70,000
● Land - Off Market

370 Crestway Rd

Somerset, TX 78069
bedrooms
Studio
bathrooms
0 Bath
$79,728
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

ALMOST TWO ACRES IN SOMERSET ISD.*ELECTRIC AVAILABLE*WATER METER IN PLACE*SEPTIC TANK IN PLACE "AS IS" BUILD YOUR DREAM HOME*MOBILE HOMES ALLOWED*COUNTRY LIVING AT ITS BEST.
Unit Size
-
Days on Market
-
Land Size
1.80 acres
Price per sqft
-
Property Type
Land
Property Taxes
$88
HOA Dues
-
Year Built
-

Payment Calculator

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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 #1566977)

Price History

Date / Event Date Event Price
Nov 17, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by Essex Properties $71,500
Listed by Essex Properties

Property Highlights

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: 78,408
  • Total Building Area: 600
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODCREST S/D
  • Land Acres: 0000001800
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: WOODCREST S/D, LOT 67, ACRES 1.8

Neighborhood

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

Geography

  • Account Number: 03426-00-000-006700
  • Parcel: R34791
  • Lot: 67
  • Municipality: SOMERSET
  • Latitude: 29.1472
  • Longitude: -98.649

    Address

  • Full Address: 370 Crestway Rd
  • Address - House Number: 370
  • Address - Street Name: Crestway
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Somerset
  • Carrier Code: R301
  • 4-Digit Zip Code: 4684
  • Zip Code: 78069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $141,684
  • Tax Rate Code Area: FMLR GAT S

    Appraisal Valuation

  • Standard Deviation: 0.4091
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 34,030
  • High Value: 47,951
  • Low Value: 20,108

    Market Valuation

  • Market Total Value: $55,970
  • Market Land Value: $53,870
  • Market Improvement Value: $2,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,970
  • Assessed Land Value: $53,870
  • Assessed Improvements Value: $2,100

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 219559
  • Previous Sale Recording Date: Aug 02, 2021
  • Previous Sale Contract Date: Jul 11, 2021
  • Previous Sale Amount: $51,279
  • Previous Sale Document Type: 69
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:

$287,900

Sale Price/ft²

$172

Below Asking

0.04%

Average Days on Market

90

Average Home Size

1815 ft²

Average Home Age

29.3 years

Currently For Sale

256 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

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LERA

Listed by: Phil Essex, Essex Properties
Last Updated: 5 months ago
Data Source: LERA, MLS# 1566977
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 370 Crestway Road built and last sold?
The property at 370 Crestway Road was built in and last sold on Nov 17, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 370 Crestway Road is $72,215.
What are some comparable homes to 370 Crestway Road?
There are currently no comparable homes to 370 Crestway Road.
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