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Wilson 78114
640 161 COUNTY ROAD
$62,500
● Land - Off Market

640 161 COUNTY ROAD

Floresville, TX 78114
bedrooms
Studio
bathrooms
0 Bath
$122,922
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

10.0 Acres on Cr 161 Beautiful  hilltop view from front of property with large live oaks. Excellent home site.
Unit Size
-
Days on Market
-
Land Size
10.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$42
HOA Dues
-
Year Built
-

Payment Calculator

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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 #677363)

Price History

Date / Event Date Event Price
Jul 3, 2008 Sold
Premium
Sold
Aug 20, 2007 Listed by Pat Brown, REALTORS, Inc. $65,000
Listed by Pat Brown, REALTORS, Inc.

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 1,334
  • Gross Building Area: 1,344
  • Building Area: 1,334
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAS LOMAS RANCH
  • Land Acres: 0000010000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: LAS LOMAS RANCH, LOT 36, SOL (1511/714), ACRES 10., MH LABEL# HWC0396434 / HWC0396435

Neighborhood

  • School District Name: Floresville Independent School District
  • School Tax School District: FLORESVILLE ISD
  • Census Tract: 000201

Geography

  • Parcel: 63555
  • Lot: 36
  • Municipality: FLORESVILLE
  • Latitude: 29.1867
  • Longitude: -98.3435

    Address

  • Full Address: 640 County Road 161
  • Address - House Number: 640
  • Address - Street Name: County Road 161
  • State: TX
  • City Name: Floresville
  • Carrier Code: R002
  • 4-Digit Zip Code: 6414
  • Zip Code: 78114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $226,399
  • Tax Rate Code Area: CAD ESD#5

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 310,438
  • High Value: 384,371
  • Low Value: 236,506

    Market Valuation

  • Market Total Value: $146,740
  • Market Land Value: $89,270
  • Market Improvement Value: $57,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,559

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2016
  • Current Sale Recording Date: May 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 054525
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Sep 23, 2013
  • Previous Sale Document Type: 71
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 Wilson

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2347 ft²

Average Home Age

18.8 years

Currently For Sale

315 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

Rentals Near You

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LERA

Listed by: Ted Barber, Pat Brown, REALTORS, Inc.
Last Updated: 5 months ago
Data Source: LERA, MLS# 677363
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 640 County Rd 161 built and last sold?
The property at 640 County Rd 161 was built in and last sold on Apr 29, 2016 for $185,100.
How much is this home worth?
The estimated value of the home located at 640 County Rd 161 is $65,650.
What are some comparable homes to 640 County Rd 161?
There are currently no comparable homes to 640 County Rd 161.
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