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Atascosa 78069
405 WEBB RD
$115,000
● Land - Off Market

405 WEBB RD

Somerset, TX 78069
bedrooms
Studio
bathrooms
0 Bath
square feet
896 Ft²
$220,114
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

This is a "project" property, i.e., it needs lots of work.  Once cleaned up, though, it will be gorgeous.  With 13+ acres, there is plenty of room to live, play, and observe the wildlife.  In addition to public water, there is a well.  Seller has never used the well and has no knowledge of its usefulness.  Electricity has been disconnected for a long time.  There are two septic tanks, but little is known about them. This could become an awesome place if given some attention and hard work. Home has no value.
Unit Size
896 Ft²
Days on Market
-
Land Size
13.29 acres
Price per sqft
$151
Property Type
Land
Property Taxes
$136
HOA Dues
-
Year Built
2017

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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 #1210452)

Price History

Date / Event Date Event Price
Apr 28, 2017 Sold
Premium
Sold
Nov 8, 2016 Listed by Southeast, REALTORS $135,000
Listed by Southeast, REALTORS

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 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: 0
  • Total Building Area: 2,280
  • Gross Building Area: 3,064
  • Building Area: 2,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: M3
  • Mobile Home Indicator: T
  • Legal Description 1: 30X76 MOBILE HOME ONLY HUD# NTA1740025/6 LOC BREEZY OAKS RANCH LOT 9

Neighborhood

  • School District Name: Somerset Independent School District
  • Census Tract: 960206

Geography

  • Account Number: 01860-00-000-000902
  • Parcel: M203301
  • Lot: 9
  • Latitude: 29.1658
  • Longitude: -98.6562

    Address

  • Full Address: 405 Webb Rd
  • Address - House Number: 405
  • Address - Street Name: Webb
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Somerset
  • Carrier Code: R301
  • 4-Digit Zip Code: 4679
  • Zip Code: 78069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,541
  • Tax Rate Code Area: FMLR GAT S

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 219,672
  • High Value: 280,681
  • Low Value: 158,662

    Market Valuation

  • Market Total Value: $154,470
  • Market Improvement Value: $154,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,470
  • Assessed Improvements Value: $154,470
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

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LERA

Listed by: Eddie Callender, Southeast, REALTORS
Last Updated: 5 months ago
Data Source: LERA, MLS# 1210452
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 405 Webb Road built and last sold?
The property at 405 Webb Road was built in 2017 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 405 Webb Road is $136,350.
What are some comparable homes to 405 Webb Road?
There are currently no comparable homes to 405 Webb Road.
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