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Bexar 78223 East Central San Antonio
7491 RICHTER ROAD
$47,500
● House - Off Market

7491 RICHTER ROAD

Elmendorf, TX 78112
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$115,520
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

COMPLETE THE FIX UP AND HAVE A WONDERFUL COUNTRY HOME ON FIVE ACRES. WRAP AROUND CEDAR PORCH, METAL ROOF SIX INCH PINE FLOORS AND SLAT BOARD WALLS!!! WELL AND SEPTIC ON PROPERTY. WATER LINE COMES ONTO PROPERTY TOO. CLOSE WITH LAURA RILEY AT FIRST AMERICAN TITLE ON BANDERA RD. BUYER TO VERIFY SCHOOLS. ANY QUES??? CALL RICHARD MON-SAT 710-7900
Unit Size
864 Ft²
Days on Market
-
Land Size
5.70 acres
Price per sqft
$68
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1940

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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 #482250)

Price History

Date / Event Date Event Price
Nov 29, 2004 Sold
Premium
Sold
Mar 15, 2004 Listed by Northwest Real Estate $59,000
Listed by Northwest Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 226,512
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 14
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000005200
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: CB 4007-4 P-343C ABS 11 NO LABEL# OR SERIAL# 2022-SPLIT PER DEED 20210205524

Neighborhood

  • School District Name: East Central Independent School District
  • School Tax School District: 51
  • Census Tract: 192200

Geography

  • Subdivision Tract Number: 3434
  • Parcel: 04007-004-3434
  • Block: 4
  • Lot: 3434
  • Municipality: ELMENDORF
  • Latitude: 29.2779
  • Longitude: -98.3442

    Address

  • Full Address: 7491 Richter
  • Address - House Number: 7491
  • Address - Street Name: Richter
  • State: TX
  • City Name: San Antonio
  • Zip Code: 78223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $97,889
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: FSF

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 241,081
  • High Value: 274,723
  • Low Value: 207,439

    Market Valuation

  • Market Total Value: $233,610
  • Market Land Value: $174,720
  • Market Improvement Value: $58,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,497
  • Assessed Land Value: $174,720
  • Assessed Improvements Value: $58,890

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2004
  • Current Sale Recording Date: Dec 09, 2004
  • Current 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 East Central San Antonio

Stats & Trends

Median Asking:

$254,990

Sale Price/ft²

$144

Above Asking

0.01%

Average Days on Market

98

Average Home Size

1902 ft²

Average Home Age

6.4 years

Currently For Sale

905 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: Richard Teran, Northwest Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 482250
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 7491 Richter Road built and last sold?
The property at 7491 Richter Road was built in 1940 and last sold on Dec 3, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 7491 Richter Road is $64,944.
What are some comparable homes to 7491 Richter Road?
There are currently no comparable homes to 7491 Richter Road.
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