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Matagorda 77419
488 County Road 413
$425,000 Last Listed Price
● House - Off Market

488 County Road 413

Palacios, TX 77465
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,147 Ft²
$444,068
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Beautiful home located just moments from the Tres Palacios River. This 4 bedroom 2 bath home sits on 4.59 acres. This home features a split floor and 3 car garage. Less than 15 minutes from South Texas Nuclear Plant, you don't wan't to miss this turn-key ready home!
Unit Size
2,147 Ft²
Days on Market
-
Land Size
4.59 acres
Price per sqft
$198
Property Type
House
Property Taxes
$378
HOA Dues
$27
Year Built
2014

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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 (HAR #18815843)

Price History

Date / Event Date Event Price
Feb 9, 2023 Sold
Premium
Sold
Dec 20, 2022 Listed by Ward Real Estate, Inc $425,000
Listed by Ward Real Estate, Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 750
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 199,940
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,147
  • Gross Building Area: 3,145
  • Building Area: 2,147
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,147
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIVE OAK LANDING SUBDIVISION SECTION ONE
  • Land Acres: 0000004590
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LIVE OAK LANDING S/D, BLOCK 4, LOT 4, ACRES 4.59

Neighborhood

  • School District Name: Tidehaven Independent School District
  • School Tax School District: 90
  • Census Tract: 730700

Geography

  • Account Number: 2865-0040-000400
  • Parcel: 88766
  • Block: 4
  • Lot: 4
  • Municipality: BAY CITY
  • Latitude: 28.8596
  • Longitude: -96.1586

    Address

  • Full Address: 488 County Road 413
  • Address - House Number: 488
  • Address - Street Name: County Road 413
  • State: TX
  • City Name: Palacios
  • Carrier Code: R001
  • 4-Digit Zip Code: 7276
  • Zip Code: 77465

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $430,575
  • Tax Rate Code Area: 10 24 40 5

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 462,715
  • High Value: 578,203
  • Low Value: 347,228

    Market Valuation

  • Market Total Value: $397,090
  • Market Land Value: $40,480
  • Market Improvement Value: $356,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,090
  • Assessed Land Value: $40,480
  • Assessed Improvements Value: $356,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 676
  • Previous Sale Recording Date: Nov 16, 2017
  • Previous Sale Contract Date: Nov 16, 2017
  • Previous Sale Document Type: 71
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 Matagorda

Stats & Trends

Median Asking:

$259,000

Sale Price/ft²

$158

Below Asking

0.04%

Average Days on Market

88

Average Home Size

1651 ft²

Average Home Age

37.6 years

Currently For Sale

301 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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HAR

Listed by: Amberly Savage, Ward Real Estate, Inc
Last Updated: 5 months ago
Data Source: HAR , MLS# 18815843
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 488 County Rd 413 built and last sold?
The property at 488 County Rd 413 was built in 2014 and last sold on Feb 8, 2023 for $441,560.
How much is this home worth?
The estimated value of the home located at 488 County Rd 413 is $429,186.
What are some comparable homes to 488 County Rd 413?
There are currently no comparable homes to 488 County Rd 413.
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