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Medina 78003
506 Pr 1527
$167,500
● Mobile Manufactured - Off Market

506 Pr 1527

Bandera, TX 78003
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$224,365
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Unwind sipping on your morning coffee on the front deck of this MEDINA LAKE VIEW charm. Enjoy the spacious layout of the 1680 sqft home, featuring a living/dining room combo for social activities. Or decompress in the privacy of the office space within the master bedroom. The backyard is already chain-link fenced complimented by the shade provided by mature trees. With much versatility, this property will appeal to whichever desire you seek. Located in Holiday Villages between the lake and the clubhouse!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$110
Property Type
Mobile Manufactured
Property Taxes
$98
HOA Dues
$35
Year Built
2003

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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 #1446606)

Price History

Date / Event Date Event Price
Apr 15, 2021 Sold
Premium
Sold
Mar 19, 2020 Listed by Coldwell Banker Stagecoach Realty $184,500
Listed by Coldwell Banker Stagecoach Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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 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: 13,630
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,680
  • Gross Building Area: 2,256
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY VILLAGES OF MEDINA SUBDIVISION
  • Land Acres: 0000000313
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: HOLIDAY VILLAGES OF MEDINA WATERS EDGE SECTION A LOT 174 LABEL# PFS0803136;LABEL# PFS0803137

Neighborhood

  • School District Name: Hondo Independent School District
  • School Tax School District: RFM SHO
  • Census Tract: 000101

Geography

  • Account Number: 0S0280-00000-00174-63190
  • Parcel: 63190
  • Lot: 174
  • Municipality: BANDERA
  • Latitude: 29.6139
  • Longitude: -98.988

    Address

  • Full Address: 506 Private Road 1527
  • Address - House Number: 506
  • Address - Street Name: Private Road 1527
  • State: TX
  • City Name: Bandera
  • Carrier Code: H008
  • 4-Digit Zip Code: 4766
  • Zip Code: 78003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: FED6 GME H

    Appraisal Valuation

  • Standard Deviation: 0.4168
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 16
  • Final Value: 63,557
  • High Value: 90,052
  • Low Value: 37,061

    Market Valuation

  • Market Total Value: $121,510
  • Market Land Value: $40,900
  • Market Improvement Value: $80,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,510
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $80,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Aug 02, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017005683
  • Previous Sale Recording Date: Oct 02, 2012
  • Previous Sale Contract Date: Sep 22, 2012
  • 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 Medina

Stats & Trends

Median Asking:

$385,495

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2384 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: Rozlyn Reeves, Coldwell Banker Stagecoach Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1446606
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 506 Pr 1527 built and last sold?
The property at 506 Pr 1527 was built in 2003 and last sold on Jul 31, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 506 Pr 1527 is $193,474.
What are some comparable homes to 506 Pr 1527?
There are currently no comparable homes to 506 Pr 1527.
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