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Laredo 78046 Concord Hills
615 Hewes Ave
$57,850
● House - Off Market

615 Hewes Ave

Laredo, TX 78046
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,298 Ft²
$139,075
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

Terrific 3/2 with lots of tile flooring throughout and a large patio slab in back. Also features a large living area, open and airy floor plan with lots of natural light coming in,and a kitchen with plenty of cabinet space. 1279 square feet-information is from the FHA Appraisal and is deemed reliable but not guaranteed. This property is availablewith FHA financing and a repair escrow.
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$49
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
2000

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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 #880059)

Price History

Date / Event Date Event Price
Jun 6, 2011 Sold
Premium
Sold
Feb 28, 2011 Listed by Keller Williams Legacy $63,720
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,298
  • Gross Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONCORD HILLS COMMUNITY
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CONCORD HILLS COMMUNITY, BLOCK 9, LOT 2-A, PHASE V

Neighborhood

  • School District Name: United Independent School District
  • School Tax School District: UNITED ISD
  • Census Tract: 001810

Zoning

  • Zoning: R1A

Geography

  • Subdivision Phase Number: V
  • Parcel: 247694
  • Block: 9
  • Lot: 2-A
  • Municipality: CITY OF LAREDO
  • Latitude: 27.4918
  • Longitude: -99.4403

    Address

  • Full Address: 615 Hewes Ave
  • Address - House Number: 615
  • Address - Street Name: Hewes
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Laredo
  • Carrier Code: R021
  • 4-Digit Zip Code: 5165
  • Zip Code: 78046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $83,336
  • Initial Tax Delinquent Year: 2010
  • Tax Rate Code Area: C1

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 78
  • Final Value: 198,254
  • High Value: 232,136
  • Low Value: 164,372

    Market Valuation

  • Market Total Value: $170,009
  • Market Land Value: $54,764
  • Market Improvement Value: $115,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,009
  • Assessed Land Value: $54,764
  • Assessed Improvements Value: $115,245

    Sales

  • Current Sale Contract Date: Aug 21, 2013
  • Current Sale Recording Date: Aug 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 1178553
  • Previous Sale Recording Date: Jun 07, 2011
  • Previous Sale Contract Date: Jun 02, 2011
  • Previous Sale Document Type: 68
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 Concord Hills

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Nearby Rentals

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LERA

Listed by: Linda Rasmussen, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 880059
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 615 Hewes Avenue built and last sold?
The property at 615 Hewes Avenue was built in 2000 and last sold on Aug 21, 2013 for $75,000.
How much is this home worth?
The estimated value of the home located at 615 Hewes Avenue is $64,357.
What are some comparable homes to 615 Hewes Avenue?
There are currently no comparable homes to 615 Hewes Avenue.
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