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Atascosa 78052
400 MOLLY DR
$79,000
● Land - Off Market

400 MOLLY DR

Lytle, TX 78052
bedrooms
Studio
bathrooms
0 Bath
$143,011
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Awesome cleared lot with utilities already in place.
Unit Size
-
Days on Market
-
Land Size
3.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
$8
Year Built
2018

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 #1190822)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Jul 17, 2016 Listed by Northwest Real Estate $85,000
Listed by Northwest Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • 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: 1
  • Roof Cover Type: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 167,662
  • Total Building Area: 1,568
  • Gross Building Area: 3,008
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUAIL CREEK RANCHES S/D
  • Land Acres: 0000003849
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: QUAIL CREEK RANCHES S/D UNIT 4 BLK 2 LOT 94 3.849

Neighborhood

  • School District Name: Lytle Independent School District
  • School Tax School District: WEV
  • Census Tract: 960204

Geography

  • Account Number: 02593-04-002-009400
  • Subdivision Tract Number: 94
  • Parcel: R54828
  • Block: 2
  • Lot: 94
  • Municipality: LYTLE
  • Latitude: 29.1935
  • Longitude: -98.7353

    Address

  • Full Address: 400 Molly Dr
  • Address - House Number: 400
  • Address - Street Name: Molly
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lytle
  • Carrier Code: H003
  • 4-Digit Zip Code: 3822
  • Zip Code: 78052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357,265
  • Tax Rate Code Area: AESD1 FMLR

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 98,344
  • High Value: 143,412
  • Low Value: 53,275

    Market Valuation

  • Market Total Value: $323,770
  • Market Land Value: $123,170
  • Market Improvement Value: $200,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,770
  • Assessed Land Value: $123,170
  • Assessed Improvements Value: $200,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2016
  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 175730
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:

$289,900

Sale Price/ft²

$171

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1811 ft²

Average Home Age

28.6 years

Currently For Sale

243 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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LERA

Listed by: Amy Amy, Northwest Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1190822
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 400 Molly Drive built and last sold?
The property at 400 Molly Drive was built in 2018 and last sold on Dec 16, 2016 for $91,400.
How much is this home worth?
The estimated value of the home located at 400 Molly Drive is $85,850.
What are some comparable homes to 400 Molly Drive?
There are currently no comparable homes to 400 Molly Drive.
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