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Blanco 78606
403 Mesquite St
$402,000
● Land - Off Market

403 Mesquite St

Blanco, TX 78606
bedrooms
Studio
bathrooms
0 Bath
$342,647
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

** All offers due by 5/9 at 10:00am. ** Wait till you see this stunning acreage lot. Its in the heart of Blanco. Property is mixed use, R5 per the city. There is an older home on the lot that is not habitable, new owners can tear down or refurbish it. If you have ever dreamed of living in the hill country this acreage lot is for you. Pictures do not do it justice once you drive out and see you will love.  Truly Breathtaking,  Lots of Trees, its absolutely gorgeous!
Unit Size
-
Days on Market
-
Land Size
1.49 acres
Price per sqft
-
Property Type
Land
Property Taxes
$277
HOA Dues
-
Year Built
1942

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 #1604177)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
May 5, 2022 Listed by Keller Williams Heritage $340,000
Listed by Keller Williams Heritage

Property Highlights

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • 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: 8
  • 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: 64,992
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,456
  • Gross Building Area: 2,496
  • Building Area: 2,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BYLER ADDITION
  • Land Acres: 0000001492
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BYLER ADDITION , ACRES 1.492

Neighborhood

  • School District Name: Blanco Independent School District
  • School Tax School District: SBL
  • Census Tract: 950201

Geography

  • Account Number: 1219001001
  • Parcel: R7000
  • Municipality: BLANCO
  • Latitude: 30.0994
  • Longitude: -98.4263

    Address

  • Full Address: 403 Mesquite St
  • Address - House Number: 403
  • Address - Street Name: Mesquite
  • Address - Suffix Type: St
  • State: TX
  • City Name: Blanco
  • Zip Code: 78606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $640,962
  • Tax Rate Code Area: CBL FBL GB

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 316,192
  • High Value: 388,675
  • Low Value: 243,709

    Market Valuation

  • Market Total Value: $393,230
  • Market Land Value: $263,090
  • Market Improvement Value: $130,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,230
  • Assessed Land Value: $263,090
  • Assessed Improvements Value: $130,140
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 Blanco

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$262

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1741 ft²

Average Home Age

32.8 years

Currently For Sale

10 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

Unit for rent at 380 Blanco Avenue, TX, 78606

$730 /mo

  • 1 Bed
  • 1 Bath
380 Blanco Avenue, TX, 78606 Listing by Rick Rivera
Unit for rent at 900 Pecan St, Blanco, TX, 78606

$1,000 /mo

  • 1 Bed
  • 1 Bath
  • 16,462 ft²
900 Pecan St #203, Blanco, TX, 78606 Listing by Brady Miner

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Sally Cresswell, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1604177
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 403 Mesquite Street built and last sold?
The property at 403 Mesquite Street was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 403 Mesquite Street is $343,400.
What are some comparable homes to 403 Mesquite Street?
There are currently no comparable homes to 403 Mesquite Street.
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