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Atascosa 78069
740 Kinney Rd
$350,000
● House - Off Market

740 Kinney Rd

Somerset, TX 78069
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,477 Ft²
$656,480
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Your ranch is waiting.  Beautiful home on over 5 acres.  Property includes 3 stall barnmaster horse barn with tackroom, turnout with lighting and fans, lighted riding arena, water hookups throughout property, fenced and cross fenced, flat land with 100% lot utility. Home includes sunroom, upgraded cabinets, flooring and countertops, water softener, califonia closet, whole Home humidity controller, wireless alarm system, bose surround sound throughout home, sprinkler system and much more.
Unit Size
2,477 Ft²
Days on Market
-
Land Size
5.56 acres
Price per sqft
$149
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
2003

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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 #1116885)

Price History

Date / Event Date Event Price
Sep 30, 2015 Sold
Premium
Sold
May 24, 2015 Listed by Keller Williams Heritage $369,900
Listed by Keller Williams Heritage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 232,480
  • Total Building Area: 2,305
  • Gross Building Area: 4,393
  • Building Area: 2,305
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,305
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN VALLEY RANCH S/D
  • Land Acres: 0000005337
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: HIDDEN VALLEY RANCH S/D, LOT TR 4, ACRES 5.337

Neighborhood

  • School District Name: Somerset Independent School District
  • Census Tract: 960204

Geography

  • Account Number: 02596-01-000-000400
  • Subdivision Tract Number: 4
  • Parcel: R59317
  • Municipality: SOMERSET
  • Latitude: 29.2086
  • Longitude: -98.687

    Address

  • Full Address: 740 Kinney Rd
  • Address - House Number: 740
  • Address - Street Name: Kinney
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Somerset
  • Carrier Code: R302
  • 4-Digit Zip Code: 3116
  • Zip Code: 78069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,942
  • Tax Rate Code Area: FMLR GAT S

    Appraisal Valuation

  • Standard Deviation: 0.2703
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 512,061
  • High Value: 650,498
  • Low Value: 373,624

    Market Valuation

  • Market Total Value: $321,710
  • Market Land Value: $96,070
  • Market Improvement Value: $225,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,710
  • Assessed Land Value: $96,070
  • Assessed Improvements Value: $225,640

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2015
  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 165645
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

1811 ft²

Average Home Age

28.6 years

Currently For Sale

243 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: Dean Aitken, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1116885
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 740 Kinney Road built and last sold?
The property at 740 Kinney Road was built in 2003 and last sold on Sep 25, 2015 for $342,600.
How much is this home worth?
The estimated value of the home located at 740 Kinney Road is $374,368.
What are some comparable homes to 740 Kinney Road?
There are currently no comparable homes to 740 Kinney Road.
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