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San Antonio 78221 Harlandale
407 W FORMOSA BLVD
$234,600
● House - Off Market

407 W FORMOSA BLVD

San Antonio, TX 78221
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$244,569
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

No need to want construction time.    House has been remodeled from top to bottom.  Kitchen features granite, tile backsplash, soft close cabinets and stainless appliances (microwave, gas stove and dishwasher).  Hall bath with new white tile, new vanity and toilet.  Texas size master with two closets and two ceiling fans.  Big enough for a sitting area.   Walk-in shower with nice dark gray tile and glass shower doors, new vanity and toilet.  New roof, new hot water heater and new HVAC. Warm colors throughout. Open floorplan located within walking distance to schools.  Versatile floorplan with the option of two living areas or two eating areas.  Front room can be a formal dining or formal living.  Den with eating area on left.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$152
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1963

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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 #1573988)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Nov 28, 2021 Listed by Prime Realty $237,500
Listed by Prime Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • 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: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,004
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 13098 BLK 2 LOT 56

Neighborhood

  • School District Name: Harlandale Independent School District
  • School Tax School District: 53
  • Census Tract: 151400

Geography

  • Assessors Map Reference: 682C1
  • Parcel: 13098-002-0560
  • Block: 2
  • Lot: 56
  • Municipality: SAN ANTONIO
  • Latitude: 29.3427
  • Longitude: -98.5094

    Address

  • Full Address: 407 W Formosa Blvd
  • Address - House Number: 407
  • Street Direction: W
  • Address - Street Name: Formosa
  • Address - Suffix Type: Blvd
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C078
  • 4-Digit Zip Code: 2730
  • Zip Code: 78221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $483,985
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 242,609
  • High Value: 292,070
  • Low Value: 193,149

    Market Valuation

  • Market Total Value: $190,360
  • Market Land Value: $56,330
  • Market Improvement Value: $134,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,360
  • Assessed Land Value: $56,330
  • Assessed Improvements Value: $134,030

    Sales

  • Current Sale Contract Date: Mar 11, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 64510
  • Previous Sale Recording Date: Aug 23, 2021
  • Previous Sale Contract Date: Aug 19, 2021
  • Previous Sale Document Type: 71
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 Harlandale

Stats & Trends

Median Asking:

$209,012

Sale Price/ft²

$138

Below Asking

0.04%

Average Days on Market

69

Average Home Size

1573 ft²

Average Home Age

51.1 years

Currently For Sale

153 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 830 W Hutchins Pl, TX, 78221

$800 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
830 W Hutchins Pl #3, TX, 78221 Listing by Kirby Taylor
Unit for rent at 779 W Mayfield Boulevard, TX, 78211

$919 /mo

  • 1 Bed
  • 1 Bath
779 W Mayfield Boulevard, TX, 78211 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Frances Lopez, Prime Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1573988
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 407 West Formosa Boulevard built and last sold?
The property at 407 West Formosa Boulevard was built in 1963 and last sold on Mar 11, 2022 for $249,614.
How much is this home worth?
The estimated value of the home located at 407 West Formosa Boulevard is $239,354.
What are some comparable homes to 407 West Formosa Boulevard?
There are currently no comparable homes to 407 West Formosa Boulevard.
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