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Medina 78056
747 County Road 2801 E
$330,500
● House - Off Market

747 County Road 2801 E

Mico, TX 78056
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,431 Ft²
$620,075
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Stunning rock & stucco single story home w/bonus room upstairs! Hard to find newer custom built home on over 2 acres just a short drive out to serenity yet with easy access to city conveniences. Spacious master bedroom w/luxurious bath. Generous sized 2nd bdrms. Open living area w/wall of panoramic windows overlooking the hills. Extended deck area for entertaining. Outdoor sitting areas&fire pit gatherings. Fenced backyard. Enjoy neighborhood hiking trails and fishing pond!
Unit Size
2,431 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$141
Property Type
House
Property Taxes
$509
HOA Dues
$31
Year Built
2006

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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 #1082439)

Price History

Date / Event Date Event Price
Apr 27, 2015 Sold
Premium
Sold
Oct 9, 2014 Listed by Select Properties $343,000
Listed by Select Properties

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 623
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,431
  • Gross Building Area: 3,336
  • Building Area: 2,431
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,431
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAUREL CANYON RANCH
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LAUREL CANYON RANCH UNIT 2 LOT 127

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000104

Geography

  • Account Number: 0S0326-00000-00127-67726
  • Parcel: 67726
  • Lot: 127
  • Municipality: MICO
  • Latitude: 29.5419
  • Longitude: -98.8354

    Address

  • Full Address: 747 County Road 2801 E
  • Address - House Number: 747
  • Street Segment Direction: E
  • Address - Street Name: County Road 2801
  • State: TX
  • City Name: Mico
  • Carrier Code: H001
  • 4-Digit Zip Code: 5476
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,315
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 561,872
  • High Value: 709,673
  • Low Value: 414,071

    Market Valuation

  • Market Total Value: $552,260
  • Market Land Value: $150,000
  • Market Improvement Value: $402,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,260
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $402,260

    Exemptions

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

    Sales

  • Current Sale Contract Date: Apr 27, 2015
  • Current Sale Recording Date: May 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2015002819
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Contract Date: Oct 04, 2006
  • Previous Sale Amount: $63,995
  • Previous Sale Document Type: 27
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:

$389,000

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2416 ft²

Average Home Age

14.7 years

Currently For Sale

523 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: Patricia Broyles, Select Properties
Last Updated: 5 months ago
Data Source: LERA, MLS# 1082439
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 747 County Rd 2801 E East built and last sold?
The property at 747 County Rd 2801 E East was built in 2006 and last sold on Apr 27, 2015 for $53,000.
How much is this home worth?
The estimated value of the home located at 747 County Rd 2801 E East is $329,447.
What are some comparable homes to 747 County Rd 2801 E East?
There are currently no comparable homes to 747 County Rd 2801 E East.
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