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Medina 78016
420 County Road 661
$78,000
● Land - Off Market

420 County Road 661

Devine, TX 78016
bedrooms
Studio
bathrooms
0 Bath
$93,021
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Come see!! This awesome, 2 Acre lot. Perfect for your mobile home, new custom or manufactured home! With all utilities ready to be hooked up. Mature trees, no restrictions. Don't miss out!   Vengan a ver  2 Acres de terreno, sin restriciones! Perfectos para su traila o para contruir tu nueva casa. Todas la utilidades listas para conectar, tiene agua, luz y septico
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$56
HOA Dues
-
Year Built
1998

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: 4 months ago (LERA #1557982)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Sep 14, 2021 No longer available -
No longer available
Sep 4, 2021 Listed by All City Real Estate Ltd. Co $86,000
Listed by All City Real Estate Ltd. Co

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 86,728
  • Lot Size Frontage Feet: 0
  • Total Building Area: 204
  • Building Area: 204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 204
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001991
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: A0407 N. GEORGE SURVEY 6; 1.991 ACRES

Neighborhood

  • School District Name: Devine Independent School District
  • School Tax School District: MWD RFM SDE
  • Census Tract: 000402

Geography

  • Account Number: 0A0407-00006-00000-55987
  • Parcel: 55987
  • Municipality: DEVINE
  • Latitude: 29.2176
  • Longitude: -98.959

    Address

  • Full Address: 420 County Road 661
  • Address - House Number: 420
  • Address - Street Name: County Road 661
  • State: TX
  • City Name: Devine
  • Carrier Code: R001
  • 4-Digit Zip Code: 4349
  • Zip Code: 78016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $62,579
  • Tax Rate Code Area: FED2 FED7

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 176,872
  • High Value: 223,186
  • Low Value: 130,558

    Market Valuation

  • Market Total Value: $96,250
  • Market Land Value: $93,150
  • Market Improvement Value: $3,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,250
  • Assessed Land Value: $93,150
  • Assessed Improvements Value: $3,100

    Sales

  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021009975
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 Medina

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2416 ft²

Average Home Age

14.7 years

Currently For Sale

523 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

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LERA

Listed by: Samuel Torres, All City Real Estate Ltd. Co
Last Updated: 4 months ago
Data Source: LERA, MLS# 1557982
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 420 County Rd 661 built and last sold?
The property at 420 County Rd 661 was built in 1998 and last sold on Jan 1, 1970 for $57,000.
How much is this home worth?
The estimated value of the home located at 420 County Rd 661 is $86,860.
What are some comparable homes to 420 County Rd 661?
There are currently no comparable homes to 420 County Rd 661.
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