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Medina 78861
480 Private Road 233
$315,000
● Mobile Manufactured - Off Market

480 Private Road 233

Hondo, TX 78861
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$313,828
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Are you looking for country living just outside of San Antonio? Well, look no further! Come check out this 7 acre slice of heaven! The Palm Harbor manufactured home is a 3 bedroom and 2 bath home built with an open concept. The backyard is built for entertaining- spread out over a generous area of property is a 24 ft above-ground pool with a large deck, an outside bar with fridge and a seperate outdoor space for entertaining surrounded by beautiful, mature trees. Come and see for yourself!
Unit Size
1,664 Ft²
Days on Market
-
Land Size
7.00 acres
Price per sqft
$189
Property Type
Mobile Manufactured
Property Taxes
$367
HOA Dues
$13
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 #1715478)

Price History

Date / Event Date Event Price
Oct 25, 2023 Sold
Premium
Sold
Aug 30, 2023 Listed by eXp Realty $315,000
Listed by eXp Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 304,920
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERCULES LAND INC
  • Land Acres: 0000007000
  • Standard Land Use Code: 1008
  • County Land Use Code: E2
  • Legal Description 1: A1120 CCSD & RGNG RR. SURVEY 219; TRACT 42 PART OF; 7.0 ACRES HERCULES UNRECORDED LABEL# PFS0987167 LABEL# PFS0987168

Neighborhood

  • School District Name: Hondo Independent School District
  • School Tax School District: RFM SHO
  • Census Tract: 000302

Geography

  • Account Number: 0A1120-00219-00000-36617
  • Subdivision Tract Number: 42
  • Parcel: 36617
  • Municipality: HONDO
  • Latitude: 29.5079
  • Longitude: -99.2034

    Address

  • Full Address: 480 Private Road 233
  • Address - House Number: 480
  • Address - Street Name: Private Road 233
  • State: TX
  • City Name: Hondo
  • Carrier Code: H012
  • 4-Digit Zip Code: 6891
  • Zip Code: 78861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,572
  • Tax Rate Code Area: FED6 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2446
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 478,195
  • High Value: 595,168
  • Low Value: 361,223

    Market Valuation

  • Market Total Value: $280,930
  • Market Land Value: $134,400
  • Market Improvement Value: $146,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,930
  • Assessed Land Value: $134,400
  • Assessed Improvements Value: $146,530

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9481
  • Previous Sale Recording Date: Aug 30, 2021
  • Previous Sale Contract Date: Aug 24, 2021
  • Previous Sale Amount: $238,800
  • 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:

$387,495

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2403 ft²

Average Home Age

14.7 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: Trenton Logsdon, eXp Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1715478
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 480 Private Road 233 built and last sold?
The property at 480 Private Road 233 was built in 2007 and last sold on Oct 25, 2023 for $585,200.
How much is this home worth?
The estimated value of the home located at 480 Private Road 233 is $341,622.
What are some comparable homes to 480 Private Road 233?
There are currently no comparable homes to 480 Private Road 233.
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