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Guadalupe 78155
388 HIGH RIDGE DR
$150,000
● Mobile Manufactured - Off Market

388 HIGH RIDGE DR

Seguin, TX 78155
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,216 Ft²
$228,755
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

1.52 Acres of open Texas land is waiting! Wide open lot with paved parking. This single wide 2012 mobile home is clean and incredibly well kept. Pride of ownership is evident in the meticulous care of this property. Home is retrofitted to the ground and just had new vinyl skirting applied. 3/2 with plenty of living space and a large eat in kitchen. Schedule a showing today as this one will not last long!
Unit Size
1,216 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$129
Property Type
Mobile Manufactured
Property Taxes
$146
HOA Dues
-
Year Built
2012

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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 #1406165)

Price History

Date / Event Date Event Price
Jan 24, 2020 Sold
Premium
Sold
Aug 18, 2019 Listed by Dillingham & Toone Real Estate $157,000
Listed by Dillingham & Toone Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • 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: 66,429
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH RIDGE
  • Land Acres: 0000001525
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: HIGH RIDGE, LOT 16 MH=NTA1565236

Neighborhood

  • School District Name: Marion Independent School District
  • Census Tract: 210804

Geography

  • Assessors Map Reference: 559-A3
  • Parcel: 1G1422-0000-01600-0-00
  • Lot: 16
  • Municipality: SEGUIN
  • Latitude: 29.5435
  • Longitude: -98.1006

    Address

  • Full Address: 388 High Ridge Dr
  • Address - House Number: 388
  • Address - Street Name: High Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Seguin
  • Carrier Code: R004
  • 4-Digit Zip Code: 9595
  • Zip Code: 78155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $344,004
  • Tax Rate Code Area: MAS

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 293,404
  • High Value: 361,699
  • Low Value: 225,110

    Market Valuation

  • Market Total Value: $235,732
  • Market Land Value: $139,740
  • Market Improvement Value: $95,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,732
  • Assessed Land Value: $139,740
  • Assessed Improvements Value: $95,992

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000002003
  • Previous Sale Recording Date: Mar 06, 2012
  • Previous Sale Contract Date: Mar 02, 2012
  • Previous Sale Amount: $42,500
  • Previous Sale Document Type: 70
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 Guadalupe

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$152

Above Asking

93.14%

Average Days on Market

91

Average Home Size

2189 ft²

Average Home Age

13.4 years

Currently For Sale

1499 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: Jeffrey Dillingham, Dillingham & Toone Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1406165
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 388 High Ridge Drive built and last sold?
The property at 388 High Ridge Drive was built in 2012 and last sold on Jan 24, 2020 for $149,300.
How much is this home worth?
The estimated value of the home located at 388 High Ridge Drive is $160,582.
What are some comparable homes to 388 High Ridge Drive?
There are currently no comparable homes to 388 High Ridge Drive.
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