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Guadalupe 78140
541 LAKEY RD
$210,000
● Land - Off Market

541 LAKEY RD

Nixon, TX 78140
bedrooms
Studio
bathrooms
0 Bath
square feet
1,000 Ft²
$252,898
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Beautiful, secluded 12 acre property with mature trees, good grass and a pond. 792 feet of paved road frontage and 697 feet of depth make the boundaries very square. High Speed fiber optic internet available. Nixon-Smiley ISD. Less than 30 minutes to Seguin and 10 minutes to small town grocery store in Nixon, TX. Property is currently in a Wildlife tax exemption.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
12.70 acres
Price per sqft
$250
Property Type
Land
Property Taxes
$61
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: 5 months ago (LERA #1608456)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
May 21, 2022 Listed by Corner Post Real Estate, LLC $250,000
Listed by Corner Post Real Estate, 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: 553,124
  • 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: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: LYNCH PATRICK
  • Land Acres: 0000012698
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: ABS: 212 SUR: PATRICK LYNCH 12.6980 AC.

Neighborhood

  • School District Name: Nixon-Smiley Consolidated Independent School District
  • Census Tract: 210905

Geography

  • Parcel: 2G0212-0000-01200-0-00
  • Municipality: NIXON
  • Latitude: 29.3936
  • Longitude: -97.8325

    Address

  • Full Address: 541 Lakey Rd
  • Address - House Number: 541
  • Address - Street Name: Lakey
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Nixon
  • Carrier Code: R001
  • 4-Digit Zip Code: 4215
  • Zip Code: 78140

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,508
  • Tax Rate Code Area: GCO

    Market Valuation

  • Market Total Value: $221,921
  • Market Land Value: $221,915
  • Market Improvement Value: $6

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,921
  • Assessed Land Value: $32,343
  • Assessed Improvements Value: $6
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 Guadalupe

Stats & Trends

Median Asking:

$304,635

Sale Price/ft²

$152

Above Asking

93.23%

Average Days on Market

92

Average Home Size

2180 ft²

Average Home Age

13.5 years

Currently For Sale

1525 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: Katie Clark, Corner Post Real Estate, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1608456
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 541 Lakey Road built and last sold?
The property at 541 Lakey 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 541 Lakey Road is $252,500.
What are some comparable homes to 541 Lakey Road?
There are currently no comparable homes to 541 Lakey Road.
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