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Atascosa 78065
554 NEWMAN RD
$160,000
● Land - Off Market

554 NEWMAN RD

Poteet, TX 78065
bedrooms
Studio
bathrooms
0 Bath
square feet
720 Ft²
$249,315
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

20 Acre retreat just south of San Antonio. 60' DRIVEWAY On PAVED Newman RD and has a secluded 2 bedroom CABIN, deer blind / TREE house, shared water well, septic & electric already on the property. No city taxes! Covered with mature oak trees, beautiful country setting. Seller will convey all mineral rights owned. Low Atascosa county taxes with "WildLife exemption". Manufactured Homes and Horses Allowed! Located between Somerset and Poteet off FM 476. Property is a flagpole shape. Survey in ADD Docs.
Unit Size
720 Ft²
Days on Market
-
Land Size
20.02 acres
Price per sqft
$235
Property Type
Land
Property Taxes
$46
HOA Dues
-
Year Built
2010

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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 #1375475)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Apr 6, 2019 Listed by Promise Land Properties $169,000
Listed by Promise Land Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 1
  • 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: 436,036
  • Total Building Area: 720
  • Gross Building Area: 816
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FER HERNANDEZ
  • Land Acres: 0000010010
  • Standard Land Use Code: 1006
  • County Land Use Code: E1
  • Mobile Home Indicator: T
  • Legal Description 1: ABS A00385 FER HERNANDEZ SV-49,TRACT 4,10.01 ACRES

Neighborhood

  • School District Name: Poteet Independent School District
  • Census Tract: 960205

Geography

  • Account Number: 00385-00-000-000101
  • Subdivision Tract Number: 4,10.01
  • Parcel: R74298
  • Municipality: POTEET
  • Latitude: 29.115
  • Longitude: -98.671

    Address

  • Full Address: 554 Newman Rd
  • Address - House Number: 554
  • Address - Street Name: Newman
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Poteet
  • Carrier Code: H069
  • 4-Digit Zip Code: 3865
  • Zip Code: 78065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $130,670
  • Tax Rate Code Area: FMLR GAT S

    Appraisal Valuation

  • Standard Deviation: 0.4274
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 14
  • Final Value: 181,656
  • High Value: 259,309
  • Low Value: 104,002

    Market Valuation

  • Market Total Value: $242,450
  • Market Land Value: $185,190
  • Market Improvement Value: $57,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,240
  • Assessed Land Value: $19,980
  • Assessed Improvements Value: $57,260

    Sales

  • Current Sale Contract Date: Sep 27, 2010
  • Current Sale Recording Date: Jan 04, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 118485
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 Atascosa

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$171

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1802 ft²

Average Home Age

29.1 years

Currently For Sale

242 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: Charlottee Menchaca, Promise Land Properties
Last Updated: 5 months ago
Data Source: LERA, MLS# 1375475
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 554 Newman Road built and last sold?
The property at 554 Newman Road was built in 2010 and last sold on Sep 27, 2010 for $73,100.
How much is this home worth?
The estimated value of the home located at 554 Newman Road is $170,690.
What are some comparable homes to 554 Newman Road?
There are currently no comparable homes to 554 Newman Road.
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