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Bexar 78073 Somerset
4225 MANSION
$23,000
● Land - Off Market

4225 MANSION

Von Ormy, TX 78073
bedrooms
Studio
bathrooms
0 Bath
$53,119
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Great parcel of land to place a mobile home, manufactured home, modular home or build a home. Land has 2 large shops for a what could be great for a welder, Painter, Mechanic etc. A home can fit on front side of lot.  Many great possibilities of this land.  There is about 2000 square feet of concrete on this land. 2 large metal buildings on land. Seller is flexible to make repairs or adjustments or add ons to this land to make it work for the new owners. Many 220V outlets and lines for air compressors.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
HOA Dues
-
Year Built
1970

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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 #1338825)

Price History

Date / Event Date Event Price
Nov 3, 2018 No longer available -
No longer available
Nov 1, 2018 Sold
Premium
Sold
Sep 22, 2018 Listed $595
Listed
The manager has listed the unit size as 1330 square feet.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 6,705
  • Total Building Area: 504
  • Gross Building Area: 504
  • Building Area: 504
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGS POINT SUB CNTY BL 4194B
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 4194B BLK 9 LOT 15

Neighborhood

  • School District Name: Somerset Independent School District
  • School Tax School District: 76
  • Census Tract: 162001

Geography

  • Assessors Map Reference: 748E7
  • Subdivision Tract Number: 15
  • Parcel: 04194-209-0150
  • Block: 9
  • Lot: 15
  • Municipality: VON ORMY
  • Latitude: 29.1918
  • Longitude: -98.5878

    Address

  • Full Address: 4225 Mansion
  • Address - House Number: 4225
  • Address - Street Name: Mansion
  • State: TX
  • City Name: Von Ormy
  • Zip Code: 78073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $67,840
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: FSF

    Appraisal Valuation

  • Standard Deviation: 0.4521
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 65,460
  • High Value: 95,059
  • Low Value: 35,860

    Market Valuation

  • Market Total Value: $35,310
  • Market Land Value: $22,350
  • Market Improvement Value: $12,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,310
  • Assessed Land Value: $22,350
  • Assessed Improvements Value: $12,960

    Sales

  • Current Sale Contract Date: Mar 28, 2018
  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180058818
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 Somerset

Stats & Trends

Median Asking:

$217,499

Sale Price/ft²

$136

Below Asking

0.06%

Average Days on Market

106

Average Home Size

2074 ft²

Average Home Age

24.6 years

Currently For Sale

25 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: Manuel Esparza, IH 10 Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1338825
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 4225 Mansion built and last sold?
The property at 4225 Mansion was built in 1970 and last sold on Mar 28, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 4225 Mansion is $601.
What are some comparable homes to 4225 Mansion?
There are currently no comparable homes to 4225 Mansion.
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