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San Antonio 78227 Rainbow Hills
406 RASA DR
$50,000
● House - Off Market

406 RASA DR

San Antonio, TX 78227
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,309 Ft²
$88,748
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Home is a great buy. Home has an addition to the back of the home that can be used but has settled in the past years.  great buy to fix or a good deal to live in as is. Bathroom was updated in the last years. One block away from elementary school and close to Marbach 410 intersection. Roof has been confirmed that it is in good shape with a licensed roofer.
Unit Size
1,309 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$38
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1963

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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: 5 months ago (LERA #1145612)

Price History

Date / Event Date Event Price
Dec 16, 2015 Sold
Premium
Sold
Oct 28, 2015 Listed by IH 10 Realty $50,000
Listed by IH 10 Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,520
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,309
  • Gross Building Area: 1,309
  • Building Area: 1,309
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,309
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LACKLAND HTS UT-5
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 15433 BLK 25 LOT 16 (LACKLAND HTS UT-5) WCID #16 ANNXATN

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 171903

Geography

  • Assessors Map Reference: 613B8
  • Parcel: 15433-025-0160
  • Block: 25
  • Lot: 16
  • Municipality: SAN ANTONIO
  • Latitude: 29.4051
  • Longitude: -98.6572

    Address

  • Full Address: 406 Rasa Dr
  • Address - House Number: 406
  • Address - Street Name: Rasa
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C023
  • 4-Digit Zip Code: 3123
  • Zip Code: 78227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,297
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 200,516
  • High Value: 241,168
  • Low Value: 159,863

    Market Valuation

  • Market Total Value: $175,690
  • Market Land Value: $45,920
  • Market Improvement Value: $129,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,136
  • Assessed Land Value: $45,920
  • Assessed Improvements Value: $129,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2016
  • Current Sale Recording Date: Aug 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20160154045
  • Previous Sale Recording Date: Dec 17, 2015
  • Previous Sale Contract Date: Dec 14, 2015
  • Previous Sale Amount: $105,900
  • Previous Sale Document Type: 70
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 Far West Side

Stats & Trends

Median Asking:

$292,000

Sale Price/ft²

$150

Below Asking

0.03%

Average Days on Market

83

Average Home Size

2126 ft²

Average Home Age

16.4 years

Currently For Sale

1581 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 522 Altitude Drive, San Antonio, TX, 78227

$695 /mo

  • 2 Beds
  • 1 Bath
522 Altitude Drive #2, San Antonio, TX, 78227 Listing by Jeffrey Robillard

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Manuel Esparza, IH 10 Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1145612
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 406 Rasa Drive built and last sold?
The property at 406 Rasa Drive was built in 1963 and last sold on Aug 5, 2016 for $106,000.
How much is this home worth?
The estimated value of the home located at 406 Rasa Drive is $58,341.
What are some comparable homes to 406 Rasa Drive?
There are currently no comparable homes to 406 Rasa Drive.
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