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Bexar 78112 Southside
4007 NEW MATHIS RD
$85,000
● Mobile Manufactured - Off Market

4007 NEW MATHIS RD

Elmendorf, TX 78112
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$946
Est. Monthly

About This Property

BOM!  Buyer changed mind - no inspection was performed. Great opportunity to live not too far from the city and own .48 acres of land.  Plenty of trees in the front for shade.  Large master bedroom, living room, and nice kitchen.  Needs some TLC. Investment potential. No HOA and no restrictions. Come take a look! Tenants are on a month to month and will be vacating.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$130
Property Type
Mobile Manufactured
Property Taxes
$160
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: 6 months ago (LERA #1715964)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold
Premium
Sold
Sep 1, 2023 Listed by Century 21 The Hills Realty $160,000
Listed by Century 21 The Hills Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 82
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,232
  • Gross Building Area: 1,332
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Standard Land Use Code: 1006
  • County Land Use Code: M1
  • State Land Use Code: M1
  • Mobile Home Indicator: T
  • Legal Description 1: PARK # 1 CB 4131A BLK 128 LOT 5 LABEL # TEX0513648

Neighborhood

  • School District Name: Southside Independent School District
  • School Tax School District: 59 75
  • Census Tract: 152202

Geography

  • Subdivision Tract Number: 5173
  • Parcel: 80200-001-5173
  • Block: 128
  • Lot: 5173
  • Municipality: ELMENDORF
  • Latitude: 29.1779
  • Longitude: -98.4154

    Address

  • Full Address: 4007 New Mathis Rd
  • Address - House Number: 4007
  • Address - Street Name: New Mathis
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Elmendorf
  • Carrier Code: R001
  • 4-Digit Zip Code: 6139
  • Zip Code: 78112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,377
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 75

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 98,051
  • High Value: 115,068
  • Low Value: 81,034

    Market Valuation

  • Market Total Value: $36,230
  • Market Improvement Value: $36,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,230
  • Assessed Improvements Value: $36,230

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10987
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 Southside

Stats & Trends

Median Asking:

$211,999

Sale Price/ft²

$128

Below Asking

0.07%

Average Days on Market

101

Average Home Size

1853 ft²

Average Home Age

7.5 years

Currently For Sale

202 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: Lisa Morales, Century 21 The Hills Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1715964
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 4007 New Mathis Road built and last sold?
The property at 4007 New Mathis Road was built in 1994 and last sold on Jan 17, 2024 for $86,450.
How much is this home worth?
The estimated value of the home located at 4007 New Mathis Road is $156,936.
What are some comparable homes to 4007 New Mathis Road?
There are currently no comparable homes to 4007 New Mathis Road.
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