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Elmendorf 78112 East Central San Antonio
7407 Norris West Dr
$30,000
● Land - Off Market

7407 Norris West Dr

Elmendorf, TX 78112
bedrooms
Studio
bathrooms
0 Bath
$59,114
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Build your dream home on this 1 acre lot in Elmendorf. Lot is priced to sell.  Coming soon City Taxes.
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$29
HOA Dues
-
Year Built
2012

Payment Calculator

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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 #1168146)

Price History

Date / Event Date Event Price
Aug 1, 2016 Sold
Premium
Sold
Mar 24, 2016 Listed by Keller Williams City-View $35,000
Listed by Keller Williams City-View

Property Highlights

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,908
  • Total Building Area: 1,530
  • Gross Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHVIEW ESTATES UT-1
  • Land Acres: 0000001008
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: CB 4008G BLK LOT 66 (RANCHVIEW ESTATES UT-1) MH LABEL: PFS1105479-PFS1105480

Neighborhood

  • School District Name: East Central Independent School District
  • School Tax School District: 27 51
  • Census Tract: 141800

Geography

  • Assessors Map Reference: 719F6
  • Subdivision Tract Number: 66
  • Parcel: 04008-700-0660
  • Block: 700
  • Lot: 66
  • Municipality: ELMENDORF
  • Latitude: 29.2508
  • Longitude: -98.3442

    Address

  • Full Address: 7407 Norris West Dr
  • Address - House Number: 7407
  • Address - Street Name: Norris West
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Elmendorf
  • Carrier Code: R002
  • 4-Digit Zip Code: 5519
  • Zip Code: 78112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318,273
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 232,825
  • High Value: 280,417
  • Low Value: 185,233

    Market Valuation

  • Market Total Value: $216,680
  • Market Land Value: $95,510
  • Market Improvement Value: $121,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,217
  • Assessed Land Value: $95,510
  • Assessed Improvements Value: $121,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Dec 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20180243062
  • Previous Sale Recording Date: Aug 02, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 70
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 East Central San Antonio

Stats & Trends

Median Asking:

$254,880

Sale Price/ft²

$143

Above Asking

0.02%

Average Days on Market

98

Average Home Size

1916 ft²

Average Home Age

6.6 years

Currently For Sale

882 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

Unit for rent at 14627 Latigo Loop, Elmendorf, TX, 78112

$1,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,234 ft²
14627 Latigo Loop, Elmendorf, TX, 78112 Listing by Stephen Eaton

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Theresa Gomez, Keller Williams City-View
Last Updated: 5 months ago
Data Source: LERA, MLS# 1168146
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 7407 Norris West Drive built and last sold?
The property at 7407 Norris West Drive was built in 2012 and last sold on Nov 28, 2018 for $144,300.
How much is this home worth?
The estimated value of the home located at 7407 Norris West Drive is $35,350.
What are some comparable homes to 7407 Norris West Drive?
There are currently no comparable homes to 7407 Norris West Drive.
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