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Medina 78861
425 County Road 4641
$135,000
● Mobile Manufactured - Off Market

425 County Road 4641

Hondo, TX 78861
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$200,202
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

This property gives a country feel while being close to the conveniences of Hondo and Castroville. 2 carports, a garden shed, a work shed, producing gardens and fruit trees. Trees include fig, peach, oak, mesquite, crabapple, and softshell pecan. This is a nice place to enjoy the country growing vegetables and fruit, while being close enough to city conveniences. Owner may be willing to give allowance for carpet replacement, convey furniture, and craftsman lawnmower and tiller. Motivated Seller.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$100
Property Type
Mobile Manufactured
Property Taxes
$139
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #1398285)

Price History

Date / Event Date Event Price
Mar 30, 2020 Sold
Premium
Sold
Jul 15, 2019 Listed by Galm Real Estate, LLC $140,000
Listed by Galm Real Estate, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,400
  • Gross Building Area: 2,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAWN VALLEY SUBDIVISION
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: FAWN VALLEY UNIT 2 LOT 51 LABEL# NTA1072729;LABEL# NTA1072730

Neighborhood

  • School District Name: Hondo Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000101

Geography

  • Account Number: 0S0224-00000-00051-61731
  • Subdivision Tract Number: 51
  • Parcel: 61731
  • Lot: 51
  • Municipality: HONDO
  • Latitude: 29.3385
  • Longitude: -98.9735

    Address

  • Full Address: 425 County Road 4641
  • Address - House Number: 425
  • Address - Street Name: County Road 4641
  • State: TX
  • City Name: Hondo
  • Carrier Code: R003
  • 4-Digit Zip Code: 5851
  • Zip Code: 78861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $123,348
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 225,957
  • High Value: 287,842
  • Low Value: 164,073

    Market Valuation

  • Market Total Value: $167,470
  • Market Land Value: $70,000
  • Market Improvement Value: $97,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,470
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $97,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020002641
  • Previous Sale Recording Date: Dec 21, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $82,200
  • Previous Sale Document Type: 70
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:

$385,000

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2407 ft²

Average Home Age

14.6 years

Currently For Sale

530 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: John Smith, Galm Real Estate, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1398285
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 425 County Rd 4641 built and last sold?
The property at 425 County Rd 4641 was built in 2001 and last sold on Mar 27, 2020 for $134,300.
How much is this home worth?
The estimated value of the home located at 425 County Rd 4641 is $147,671.
What are some comparable homes to 425 County Rd 4641?
There are currently no comparable homes to 425 County Rd 4641.
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