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Marble Falls 78654
411 Ave G
$126,000
● Land - Off Market

411 Ave G

Marble Falls, TX 78654
bedrooms
Studio
bathrooms
0 Bath
$248,929
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
-
Year Built
1950

Payment Calculator

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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 #1161189)

Price History

Date / Event Date Event Price
Apr 22, 2016 Sold
Premium
Sold
Feb 15, 2016 Listed by Texas Ranch Brokers, LLC $144,500
Listed by Texas Ranch Brokers, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARBLE FALLS CITY
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S6130 MARBLE FALLS CITY LOT 14A BLK 16

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960701

Geography

  • Assessors Map Reference: 75-J
  • Parcel: 28416
  • Block: 16
  • Lot: 14A
  • Municipality: MARBLE FALLS
  • Latitude: 30.5721
  • Longitude: -98.2739

    Address

  • Full Address: 411 Avenue G
  • Address - House Number: 411
  • Address - Street Name: Avenue G
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: C001
  • 4-Digit Zip Code: 5846
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $628,092
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 134,504
  • High Value: 196,143
  • Low Value: 72,864

    Market Valuation

  • Market Total Value: $354,633
  • Market Land Value: $94,500
  • Market Improvement Value: $260,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,633
  • Assessed Land Value: $94,500
  • Assessed Improvements Value: $260,133

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13557
  • Previous Sale Recording Date: Apr 22, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $121,794
  • 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 Marble Falls

Stats & Trends

Median Asking:

$317,990

Sale Price/ft²

$160

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2187 ft²

Average Home Age

19.7 years

Currently For Sale

66 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 409 Avenue R, Marble Falls, TX, 78654

$2,199 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
409 Avenue R, Marble Falls, TX, 78654 Listing by Jarrod Covey
Unit for rent at 1601-803 Mustang Drive, TX, 78654

$1,607 /mo

  • 1 Bed
  • 1 Bath
  • 871 ft²
1601-803 Mustang Drive, TX, 78654 Listing by Adrian Venegas
Unit for rent at 306 S Avenue P Ave, Marble Falls, TX, 78654

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
306 S Avenue P Ave #B, Marble Falls, TX, 78654 Listing by Jarrod Covey

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Susan Colvin, Texas Ranch Brokers, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1161189
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 411 Avenue G built and last sold?
The property at 411 Avenue G was built in 1950 and last sold on Sep 12, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 411 Avenue G is $145,945.
What are some comparable homes to 411 Avenue G?
There are currently no comparable homes to 411 Avenue G.
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