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Lake Medina Shores 78003
410 Wright Dr
$15,300
● Land - Off Market

410 Wright Dr

Bandera, TX 78003
bedrooms
Studio
bathrooms
0 Bath
$20,220
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Feel free to come take a look at this cute 1/2 acre lot. This property is perfect to build on your lot away from the city. Very affordable. Close to the popular quaint historic to the city of Bandera Cowboy capital of the World! Thank you for looking. We would love to hear from you.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$173
HOA Dues
-
Year Built
2016

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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: 4 months ago (LERA #1452775)

Price History

Date / Event Date Event Price
May 5, 2021 Sold
Premium
Sold
Apr 23, 2020 Listed by Vexit Properties $17,000
Listed by Vexit Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • 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: 21,780
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE MEDINA SHORES
  • Land Acres: 0000000500
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LAKE MEDINA SHORES L LT 30 0.5 ACRES **NTA1708537**

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: LS, SPC, SW
  • Census Tract: 000301

Geography

  • Account Number: 14550-12000-0300
  • Section: L
  • Parcel: 177303
  • Lot: 30
  • Municipality: BANDERA
  • Latitude: 29.6469
  • Longitude: -98.9893

    Address

  • Full Address: 410 Wright Dr
  • Address - House Number: 410
  • Address - Street Name: Wright
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bandera
  • Carrier Code: H008
  • 4-Digit Zip Code: 3833
  • Zip Code: 78003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,281
  • Tax Rate Code Area: BC, BS, CA

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 177,483
  • High Value: 222,744
  • Low Value: 132,221

    Market Valuation

  • Market Total Value: $103,510
  • Market Land Value: $19,180
  • Market Improvement Value: $84,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,510
  • Assessed Land Value: $19,180
  • Assessed Improvements Value: $84,330

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2016
  • Current Sale Recording Date: Apr 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 213553
  • Previous Sale Recording Date: May 10, 2012
  • Previous Sale Contract Date: Mar 28, 2012
  • 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 Lake Medina Shores

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$250

Below Asking

0.04%

Average Days on Market

82

Average Home Size

1231 ft²

Average Home Age

22 years

Currently For Sale

28 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 241 Brushy Creek Trail, Bandera, TX, 78003

$1,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
241 Brushy Creek Trail, Bandera, TX, 78003 Listing by Ilda Kocmick

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Leah Trevino, Vexit Properties
Last Updated: 4 months ago
Data Source: LERA, MLS# 1452775
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 410 Wright Drive built and last sold?
The property at 410 Wright Drive was built in 2016 and last sold on Apr 7, 2016 for $74,800.
How much is this home worth?
The estimated value of the home located at 410 Wright Drive is $17,170.
What are some comparable homes to 410 Wright Drive?
There are currently no comparable homes to 410 Wright Drive.
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