$450,000 Last Listed Price
●
House -
Off Market
425 County Road 257
Matagorda, TX 77457
3 Beds
2 Baths
1,560 Ft²
$447,193
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Home tucked away in the Hubert Watson Subdivision. Public
boat ramp and bait camp minutes away for ease of being on the
water. Brand new bulkhead with concrete exterior area near
water with new fishing pier. Watch your poles and the
waterfront serenity while enjoying two screened porch areas both up
and down. Nice spacious covered outdoor screened porch off
the kitchen. Walk down the stairs to additional screened area
as well as two additional sleeping areas. Master with bath
upstairs. Open concept for kitchen and living areas.
Rental potential if desired with rental history.
Matagorda Beach close for fun in the sun!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$288
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1970
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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 (HAR #69348661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Full Stringer Realty | $450,000 | |
| Listed by Full Stringer Realty | |||
| | |||
|
Home tucked away in the Hubert Watson Subdivision. Public boat ramp and bait camp minutes away for ease of being on the water. Brand new bulkhead with concrete exterior area near water with new fishing pier. Watch your poles and the waterfront serenity while enjoying two screened porch areas both up and down. Nice spacious covered outdoor screened porch off the kitchen. Walk down the stairs to additional screened area as well as two additional sleeping areas. Master with bath upstairs. Open concept for kitchen and living areas. Rental potential if desired with rental history. Matagorda Beach close for fun in the sun!
| |||
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2019 | Listed by Full Stringer Realty | $429,900 | |
| Listed by Full Stringer Realty | |||
| | |||
|
Two homes side by side. Lots of outdoor areas with this much water frontage. One home has screened porch up and down overlooking the water. Two fishing piers. Two boat lifts side by side. Decking over the boat lift for additional entertaining. Open concept for living and dining in one home with additional garage space for tools. Adjoining home is a cute coastal cottage feel with two bedrooms and one bathroom. This home is located in the subdivision tucked away from FM 2031. Homes are older and being sold as is, where is, no treatments, no warranties.
| |||
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Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Matagorda
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Listed by: Jody Cassady, Full Stringer Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 69348661
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Last Updated: 5 months ago
Data Source: HAR , MLS# 69348661
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