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Zuehl 78124
511 Zuehl Rd
$1,100,000
● Land - Off Market

511 Zuehl Rd

Marion, TX 78124
bedrooms
Studio
bathrooms
0 Bath
$2,529,474
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

~Location Location Location~ Commercial Potential ~ This property is visible and easily accessible from IH10, AG Exempt Farm & Ranch property has multiple out buildings, 3/2 Fleetwood 2000 Manufactured Home, fenced & cross fenced, front tract has closed in fenced yard with no visibility that could be used as an equipment/truck yard. This is a multi use property with lots of potential. Owner believes to have 100% of the mineral rights which will be negotiable with all reasonable offers.
Unit Size
-
Days on Market
-
Land Size
203.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$292
HOA Dues
-
Year Built
-

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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: 6 months ago (LERA #1103737)

Price History

Date / Event Date Event Price
Oct 12, 2016 Sold
Premium
Sold
Mar 13, 2015 Listed by Fulmer Realty, LLC $1,500,000
Listed by Fulmer Realty, LLC

Property Highlights

Building Info

Overview

    General

  • 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 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: 108,900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Subdivision: FLORES JOSE
  • Land Acres: 0000002500
  • Standard Land Use Code: 0599
  • County Land Use Code: E3
  • State Land Use Code: E3
  • Legal Description 1: ABS: 134 SUR: JOSE FLORES 2.500 ACS.

Neighborhood

  • School District Name: Marion Independent School District
  • Census Tract: 210804

Geography

  • Assessors Map Reference: 589-D2
  • Parcel: 2G0134-0000-13002-0-00
  • Municipality: MARION
  • Latitude: 29.5038
  • Longitude: -98.1663

    Address

  • Full Address: 511 Zuehl Rd
  • Address - House Number: 511
  • Address - Street Name: Zuehl
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Marion
  • Carrier Code: R002
  • 4-Digit Zip Code: 6580
  • Zip Code: 78124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,525
  • Tax Rate Code Area: MAS

    Appraisal Valuation

  • Standard Deviation: 0.439
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 12
  • Final Value: 64,027
  • High Value: 92,137
  • Low Value: 35,916

    Market Valuation

  • Market Total Value: $33,252
  • Market Land Value: $32,121
  • Market Improvement Value: $1,131

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,252
  • Assessed Land Value: $32,121
  • Assessed Improvements Value: $1,131
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 Zuehl

Stats & Trends

Median Asking:

$239,999

Sale Price/ft²

$136

Below Asking

0.04%

Average Days on Market

93

Average Home Size

2045 ft²

Average Home Age

3 years

Currently For Sale

12 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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LERA

Listed by: Dawn Stuart, Fulmer Realty, LLC
Last Updated: 6 months ago
Data Source: LERA, MLS# 1103737
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 511 Zuehl Road built and last sold?
The property at 511 Zuehl Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 511 Zuehl Road is $1,515,000.
What are some comparable homes to 511 Zuehl Road?
There are currently no comparable homes to 511 Zuehl Road.
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