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Fayette
406 Blume Lane
$449,000 Last Listed Price
● Property - Off Market

406 Blume Lane

Ledbetter, TX 78946
bedrooms
Studio
bathrooms
3 Baths
square feet
2,803 Ft²
$595,148
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

If you are looking for location and acreage, you need to see this property! Down a dead end road just off highway 290, you will find this completely remodeled 2,800 sq ft home on over 5 acres! This home has it all - granite countertops throughout, a large laundry room, open concept floor plan, high ceilings in the living/dining area, and natural light in each room! There is room for the whole family with 4 bedrooms and 3 bathrooms, large kitchen, and big back yard. The master suite has a large walk in closet, double vanities, soaking tub, and shower.
Unit Size
2,803 Ft²
Days on Market
-
Land Size
5.34 acres
Price per sqft
$160
Property Type
Property
Property Taxes
$450
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (HAR #59354345)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
May 4, 2020 Listed by Round Top Real Estate $449,000
Listed by Round Top Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 0
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 780
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 232,959
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,423
  • Gross Building Area: 2,423
  • Building Area: 2,423
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,203
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE GREEN DEWITT LEAGUE A-165
  • Land Acres: 0000005348
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: ABS A165 DEWITT G LG,5.348 ACRES,HSE, FARM BLDGS

Neighborhood

  • School District Name: Giddings Independent School District
  • School Tax School District: WFC
  • Census Tract: 000300

Geography

  • Account Number: 30-0165-0021100-020
  • Parcel: 49156
  • Municipality: LEDBETTER
  • Latitude: 30.1519
  • Longitude: -96.8032

    Address

  • Full Address: 406 Blume Ln
  • Address - House Number: 406
  • Address - Street Name: Blume
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Ledbetter
  • Carrier Code: R401
  • 4-Digit Zip Code: 5029
  • Zip Code: 78946

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,220
  • Tax Rate Code Area: GFA RFM SG

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 646,190
  • High Value: 806,955
  • Low Value: 485,426

    Market Valuation

  • Market Total Value: $464,900
  • Market Land Value: $81,980
  • Market Improvement Value: $382,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,900
  • Assessed Land Value: $81,980
  • Assessed Improvements Value: $382,920

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20- 07152
  • Previous Sale Recording Date: Aug 01, 2019
  • Previous Sale Contract Date: Jul 16, 2019
  • Previous Sale Document Type: 68
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 Fayette

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$193

Below Asking

0.04%

Average Days on Market

98

Average Home Size

2027 ft²

Average Home Age

51.1 years

Currently For Sale

138 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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HAR

Listed by: Caitlin Patty, Round Top Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 59354345
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 406 Blume Lane built and last sold?
The property at 406 Blume Lane was built in 1997 and last sold on Nov 16, 2020 for $420,900.
How much is this home worth?
The estimated value of the home located at 406 Blume Lane is $576,789.
What are some comparable homes to 406 Blume Lane?
There are currently no comparable homes to 406 Blume Lane.
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