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Medina 78861
626 COUNTY ROAD 545
$69,000
● Land - Off Market

626 COUNTY ROAD 545

Hondo, TX 78861
bedrooms
Studio
bathrooms
0 Bath
square feet
1,008 Ft²
$442
Est. Monthly

About This Property

Build your Dream Home on this beautiful 1 acre corner lot. Do you want Country Living? Yet close to town? Then this is it! Utilities on site are water & electricity.  Seller never lived on property and does not know about septic tank or utilities Corner lot at the end of quiet County Road, plenty of mature trees, Property fenced in. No survey on file.  Please do not enter home for safety reasons.  Property is sold in "Present Condition"
Unit Size
1,008 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$74
Property Type
Land
Property Taxes
$74
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 #1746918)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
Jan 25, 2024 Listed by Vortex Realty $75,000
Listed by Vortex Realty

Property Highlights

Building Info

Overview

    General

  • 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: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,008
  • Gross Building Area: 1,128
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY CASTRO SURVEY 244 ABSTRACT 196
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: A0196 H. CASTRO SURVEY 244; 1.0 ACRES

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: MWD RFM SHO
  • Census Tract: 000500

Geography

  • Account Number: 0A0196-00244-00000-35430
  • Parcel: 35430
  • Municipality: HONDO
  • Latitude: 29.2543
  • Longitude: -99.1167

    Address

  • Full Address: 626 County Road 545
  • Address - House Number: 626
  • Address - Street Name: County Road 545
  • State: TX
  • City Name: Hondo
  • Carrier Code: H068
  • 4-Digit Zip Code: 5575
  • Zip Code: 78861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $94,191
  • Initial Tax Delinquent Year: 2009
  • Tax Rate Code Area: FED3 FED6

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 78,095
  • High Value: 92,095
  • Low Value: 64,095

    Market Valuation

  • Market Total Value: $58,470
  • Market Land Value: $50,000
  • Market Improvement Value: $8,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,470
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $8,470

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2021011157
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 Medina

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2380 ft²

Average Home Age

15.5 years

Currently For Sale

518 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: Rose Martinez, Vortex Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1746918
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 626 County Road 545 built and last sold?
The property at 626 County Road 545 was built in and last sold on Oct 5, 2021 for $18,000.
How much is this home worth?
The estimated value of the home located at 626 County Road 545 is $75,750.
What are some comparable homes to 626 County Road 545?
There are currently no comparable homes to 626 County Road 545.
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