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Medina 78052
734 COUNTY ROAD 6843
$50,000
● Land - Off Market

734 COUNTY ROAD 6843

Lytle, TX 78052
bedrooms
Studio
bathrooms
0 Bath
$61,328
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Looking for the perfect lot for your next home? Then you must see this spacious lot that is ready for its next owner. Just shy of an acre, this home sits between two county roads, has a direct view of the pond that sits across the road, and is not located in a flood zone. This lot can be purchased together with the adjacent lot to provide you roughly 1.6 acres of land. Don't let this opportunity pass you up. Be sure to preview this lot and secure it before it's gone!
Unit Size
-
Days on Market
-
Land Size
0.84 acres
Price per sqft
-
Property Type
Land
Property Taxes
$51
HOA Dues
-
Year Built
2021

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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: 6 months ago (LERA #1555186)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by eXp Realty $54,999
Listed by eXp Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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 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: 36,386
  • Lot Size Depth Feet: 2,910
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,216
  • Gross Building Area: 1,240
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN LAKE RANCH ESTATES
  • Land Acres: 0000000835
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: TWIN LAKE RANCH ESTATES LOT 165 LABEL# NTA1999414

Neighborhood

  • School District Name: Lytle Independent School District
  • School Tax School District: MWD RFM SLY
  • Census Tract: 960203

Geography

  • Account Number: 0S0103-00000-00165-25309
  • Subdivision Tract Number: 165
  • Parcel: 25309
  • Lot: 165
  • Municipality: LYTLE
  • Latitude: 29.2166
  • Longitude: -98.8149

    Address

  • Full Address: 734 County Road 6843
  • Address - House Number: 734
  • Address - Street Name: County Road 6843
  • State: TX
  • City Name: Lytle
  • Zip Code: 78052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: FED5 FED7

    Appraisal Valuation

  • Standard Deviation: 0.2744
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 227,302
  • High Value: 289,680
  • Low Value: 164,923

    Market Valuation

  • Market Total Value: $154,660
  • Market Land Value: $48,760
  • Market Improvement Value: $105,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,660
  • Assessed Land Value: $48,760
  • Assessed Improvements Value: $105,900

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021012134
  • Previous Sale Recording Date: Aug 25, 2021
  • Previous Sale Contract Date: Aug 24, 2021
  • 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 Medina

Stats & Trends

Median Asking:

$384,990

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2363 ft²

Average Home Age

15.9 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

Rentals Near You

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LERA

Listed by: Ashley Pena, eXp Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1555186
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 734 County Rd 6843 built and last sold?
The property at 734 County Rd 6843 was built in 2021 and last sold on Oct 29, 2021 for $195,500.
How much is this home worth?
The estimated value of the home located at 734 County Rd 6843 is $55,549.
What are some comparable homes to 734 County Rd 6843?
There are currently no comparable homes to 734 County Rd 6843.
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