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Converse 78109 Converse
506 W 5TH ST
$144,900
● House - Off Market

506 W 5TH ST

Converse, TX 78109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,354 Ft²
$254,904
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Brand-new construction almost ready for occupancy. Home features 3-bedrooms and 2-full baths with attached 1-car garage and balcony at rear. Four-sides masonry with stone and cement fiber siding. Builder putting finishing touches on it. Seller financing is available and a special grant program is also available for military veterans. Additional lots nearby are also available to accommodate other floor plans the seller has or to build a similar home to this if no longer available.
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$107
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
2015

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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 (LERA #1147504)

Price History

Date / Event Date Event Price
Feb 25, 2016 Sold
Premium
Sold
Nov 9, 2015 Listed by Oasis Company Realtors, LLC $144,900
Listed by Oasis Company Realtors, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,360
  • Total Building Area: 1,623
  • Gross Building Area: 1,623
  • Building Area: 1,383
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,383
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDENS CONVERSE
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 5052A BLK 2 LOT 6 GARDENS OF CONVERSE

Neighborhood

  • School District Name: Judson Independent School District
  • School Tax School District: 54
  • Census Tract: 121505

Geography

  • Subdivision Tract Number: 6
  • Parcel: 05052-002-0060
  • Block: 2
  • Lot: 6
  • Municipality: CONVERSE
  • Latitude: 29.5217
  • Longitude: -98.3198

    Address

  • Full Address: 506 W 5th St
  • Address - House Number: 506
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Converse
  • Carrier Code: C004
  • 4-Digit Zip Code: 2229
  • Zip Code: 78109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $519,910
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 244,890
  • High Value: 293,703
  • Low Value: 196,076

    Market Valuation

  • Market Total Value: $241,220
  • Market Land Value: $61,380
  • Market Improvement Value: $179,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,390
  • Assessed Land Value: $61,380
  • Assessed Improvements Value: $179,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210166072
  • Previous Sale Recording Date: Dec 10, 2020
  • Previous Sale Contract Date: Dec 09, 2020
  • Previous Sale Amount: $188,100
  • 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 Judson

Stats & Trends

Median Asking:

$253,000

Sale Price/ft²

$140

Above Asking

0.49%

Average Days on Market

81

Average Home Size

2052 ft²

Average Home Age

22.5 years

Currently For Sale

804 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 220 Colonial Bluff, Universal City, TX, 78148

$2,065 /mo

  • 4 Beds
  • 2 Baths
  • 2,508 ft²
220 Colonial Bluff, Universal City, TX, 78148 Listing by Shannon Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Julio Rivera, Oasis Company Realtors, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1147504
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 West 5th Street built and last sold?
The property at 506 West 5th Street was built in 2015 and last sold on Jun 17, 2021 for $209,000.
How much is this home worth?
The estimated value of the home located at 506 West 5th Street is $148,772.
What are some comparable homes to 506 West 5th Street?
There are currently no comparable homes to 506 West 5th Street.
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