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Zuehl 78124
449 STEARMAN LN
$129,900
● Mobile Manufactured - Off Market

449 STEARMAN LN

Marion, TX 78124
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,216 Ft²
$253,222
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Tired of the cars trying to run over you on your way home?  Fly home and park in your own hanger garage located at a convenient air park off IH 10, near Marion.  Large 3/2 home with hangar of 60' x 42'.  Electric byfold door opener on 40' Concrete floor in hanger.  Neat and clean home on over an acre and half.  Come out and enjoy the sights where the airplanes have the right of way.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$107
Property Type
Mobile Manufactured
Property Taxes
$84
HOA Dues
$15
Year Built
2007

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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 #993670)

Price History

Date / Event Date Event Price
Dec 30, 2013 Sold
Premium
Sold
Apr 8, 2013 Listed by Real Estates of Texas $129,900
Listed by Real Estates of Texas

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • 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 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: 0
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: A6
  • State Land Use Code: A6
  • Mobile Home Indicator: T
  • Legal Description 1: HWC0381119 2007 16X76 CLAYTON-LAREDO SER#CLW025605TX TITLE:00517425

Neighborhood

  • School District Name: Marion Independent School District
  • Census Tract: 210804

Geography

  • Parcel: 1G3775-1001-10200-5-15
  • Latitude: 29.4944
  • Longitude: -98.1615

    Address

  • Full Address: 449 Stearman Ln
  • Address - House Number: 449
  • Address - Street Name: Stearman
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Marion
  • Carrier Code: R002
  • 4-Digit Zip Code: 6513
  • Zip Code: 78124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,805
  • Tax Rate Code Area: MAS

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 73
  • Final Value: 311,536
  • High Value: 373,203
  • Low Value: 249,869

    Market Valuation

  • Market Total Value: $77,648
  • Market Improvement Value: $77,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,598
  • Assessed Improvements Value: $77,648

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Zuehl

Stats & Trends

Median Asking:

$239,999

Sale Price/ft²

$136

Below Asking

0.04%

Average Days on Market

93

Average Home Size

2054 ft²

Average Home Age

2.8 years

Currently For Sale

13 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: Gayle Sparkman, Real Estates of Texas
Last Updated: 5 months ago
Data Source: LERA, MLS# 993670
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 449 Stearman Lane built and last sold?
The property at 449 Stearman Lane was built in 2007 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 449 Stearman Lane is $138,408.
What are some comparable homes to 449 Stearman Lane?
There are currently no comparable homes to 449 Stearman Lane.
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