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Blanco 78606
741 S Loop Dr
$269,900
● House - Off Market

741 S Loop Dr

Blanco, TX 78606
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,840 Ft²
$469,773
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Wonderful, private and totally fenced 5 acres with remote opener in Oak Springs.  The property has lots of mature tress, a horse stall for two horses and private well with water softener and iron removal system. This open concept home features 3 bedroom 2 baths with separate study that can be used as fourth bedroom. Plenty of storage.  Newer roof and mature landscaping with small fence around back of home to sit and enjoy those wonderful summer evenings.  Motivated seller.
Unit Size
1,840 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$147
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1991

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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: 6 months ago (LERA #1156566)

Price History

Date / Event Date Event Price
Mar 29, 2016 Sold
Premium
Sold
Jan 19, 2016 Listed by RE/MAX GO - NB $269,900
Listed by RE/MAX GO - NB

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 1
  • Roof Cover Type: 15
  • 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: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK SPRINGS
  • Land Acres: 0000005000
  • Standard Land Use Code: 1999
  • County Land Use Code: E1
  • Legal Description 1: OAK SPRINGS , LOT 78 & 79 , ACRES 5.0

Neighborhood

  • School District Name: Blanco Independent School District
  • Census Tract: 950201

Geography

  • Account Number: 780000034001
  • Parcel: R7253
  • Lot: 78,79
  • Municipality: BLANCO
  • Latitude: 30.0347
  • Longitude: -98.4049

    Address

  • Full Address: 741 S Loop Dr
  • Address - House Number: 741
  • Street Direction: S
  • Address - Street Name: Loop
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Blanco
  • Carrier Code: H006
  • 4-Digit Zip Code: 4790
  • Zip Code: 78606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,089
  • Tax Rate Code Area: FBL GBL GW

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 475,578
  • High Value: 589,985
  • Low Value: 361,170

    Market Valuation

  • Market Total Value: $417,160
  • Market Land Value: $168,000
  • Market Improvement Value: $249,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,160
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $249,160

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2016
  • Current Sale Recording Date: Apr 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 160915
  • Previous Sale Recording Date: Nov 22, 2005
  • Previous Sale Contract Date: Nov 08, 2005
  • Previous Sale Amount: $162,500
  • 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 Blanco

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$265

Below Asking

0.03%

Average Days on Market

104

Average Home Size

2410 ft²

Average Home Age

19 years

Currently For Sale

181 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: Eric Mulero, RE/MAX GO - NB
Last Updated: 6 months ago
Data Source: LERA, MLS# 1156566
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 741 South Loop Drive built and last sold?
The property at 741 South Loop Drive was built in 1991 and last sold on Mar 29, 2016 for $320,500.
How much is this home worth?
The estimated value of the home located at 741 South Loop Drive is $290,405.
What are some comparable homes to 741 South Loop Drive?
There are currently no comparable homes to 741 South Loop Drive.
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