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Wilson 78121
504 JACOBS LANE
$16,675
● Land - Off Market

504 JACOBS LANE

La Vernia, TX 78121
bedrooms
Studio
bathrooms
0 Bath
$43,409
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

Beautiful lot for site built  home.  Restricted to site built homes only.  Many mature trees.  On paved road that is county maintained.  The drainage on this property is excellent and there have been no flooding problems.  Restrictions that protect the residential aspect of the property.  46 lots in the subdivision in all.  Let our builder build your home.   Financing available.
Unit Size
-
Days on Market
-
Land Size
1.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2011

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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 #585136)

Price History

Date / Event Date Event Price
Feb 29, 2008 Sold
Premium
Sold
Sep 9, 2005 Listed by David Anderson REALTORS $23,460
Listed by David Anderson REALTORS

Property Highlights

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 2,629
  • Gross Building Area: 2,906
  • Building Area: 2,101
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,101
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JACOBS ACRES
  • Land Acres: 0000001390
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: JACOBS ACRES, U-2, LOT 1, ACRES 1.39

Neighborhood

  • School District Name: La Vernia Independent School District
  • School Tax School District: LA VERNIA ISD
  • Census Tract: 000104

Geography

  • Parcel: 57612
  • Block: U-2
  • Lot: 1
  • Municipality: LA VERNIA
  • Latitude: 29.2968
  • Longitude: -98.1411

    Address

  • Full Address: 504 Jacobs Ln
  • Address - House Number: 504
  • Address - Street Name: Jacobs
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R006
  • 4-Digit Zip Code: 5695
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,008
  • Tax Rate Code Area: GW SL HH W

    Appraisal Valuation

  • Standard Deviation: 0.2681
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 488,516
  • High Value: 619,514
  • Low Value: 357,517

    Market Valuation

  • Market Total Value: $451,120
  • Market Land Value: $85,790
  • Market Improvement Value: $365,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,641

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2010
  • Current Sale Recording Date: May 21, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 052386
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 Wilson

Stats & Trends

Median Asking:

$496,000

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2328 ft²

Average Home Age

18.4 years

Currently For Sale

328 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

Unit for rent at 158 Pullman Road, La Vernia, TX, 78121

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,009 ft²
158 Pullman Road, La Vernia, TX, 78121 Listing by Phuoc Hai Nguyen

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: David Anderson, David Anderson REALTORS
Last Updated: 5 months ago
Data Source: LERA, MLS# 585136
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 504 Jacobs Lane built and last sold?
The property at 504 Jacobs Lane was built in 2011 and last sold on May 21, 2010 for $236,800.
How much is this home worth?
The estimated value of the home located at 504 Jacobs Lane is $23,695.
What are some comparable homes to 504 Jacobs Lane?
There are currently no comparable homes to 504 Jacobs Lane.
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