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Medina
441 CR 2651
$226,600
● House - Off Market

441 CR 2651

Rio Medina, TX 78066
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,806 Ft²
$449,760
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

Awesome view from this 5 acres of naturally landscaped paradise. Home features vaulted ceilings, spacious open floorplan, tiled covered back patio, 2 car carport w/storage, master has outside access...this is a nicely kept home offering country living only 10 minutes from Medina Lake.  Mature trees including oaks and mountain laurels abound.  Make an appointment to see this one...you won't be disappointed.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
5.01 acres
Price per sqft
$133
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1996

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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 #706897)

Price History

Date / Event Date Event Price
Jun 2, 2008 Sold
Premium
Sold
Mar 1, 2008 Listed by Starr Realty and Ranch $239,900
Listed by Starr Realty and Ranch

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 1,806
  • Gross Building Area: 2,846
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH MOUNTAIN RANCH SUBDIVISION
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: HIGH MOUNTAIN RANCH SUBDIVISION LOT 61 PART OF

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000104

Geography

  • Account Number: 0S0173-00000-00061-53861
  • Parcel: 53861
  • Lot: 61
  • Municipality: RIO MEDINA
  • Latitude: 29.5144
  • Longitude: -98.9155

    Address

  • Full Address: 441 County Road 2651
  • Address - House Number: 441
  • Address - Street Name: County Road 2651
  • State: TX
  • City Name: Rio Medina
  • Carrier Code: H001
  • 4-Digit Zip Code: 2587
  • Zip Code: 78066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,039
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 77,415
  • High Value: 97,686
  • Low Value: 57,144

    Market Valuation

  • Market Total Value: $27,990
  • Market Land Value: $27,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,990
  • Assessed Land Value: $27,990

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2008
  • Current Sale Recording Date: Jun 12, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2008004807
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:

$385,495

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2380 ft²

Average Home Age

15.5 years

Currently For Sale

529 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

Rentals Near You

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LERA

Listed by: Starr Matthews, Starr Realty and Ranch
Last Updated: 5 months ago
Data Source: LERA, MLS# 706897
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 441 County Rd 2651 built and last sold?
The property at 441 County Rd 2651 was built in 1996 and last sold on May 30, 2008 for $226,600.
How much is this home worth?
The estimated value of the home located at 441 County Rd 2651 is $247,001.
What are some comparable homes to 441 County Rd 2651?
There are currently no comparable homes to 441 County Rd 2651.
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