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Poteet 78065
80 Rutledge Rd
$95,000
● Land - Off Market

80 Rutledge Rd

Poteet, TX 78065
bedrooms
Studio
bathrooms
0 Bath
$609
Est. Monthly

About This Property

This beautiful 2.0 acre lot is right on the edge of Poteet and is unrestricted! 2 outbuildings and pens provide numerous options for the new owners whether it be for storage or ag projects. A small seasonal creek is located behind the property providing an excellent backdrop for a new homestead. Access is easy from Rutledge Road with a portion of the property being located in the city limits, yet still having that country feel with limited neighbors. Don't miss your opportunity to own this unique property!
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$142
HOA Dues
-
Year Built
1905

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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 #1761599)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold
Premium
Sold
Mar 26, 2024 Listed by South LLC $95,000
Listed by South LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • 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: 87,120
  • Total Building Area: 1,720
  • Gross Building Area: 3,039
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J DE LA GARZA
  • Land Acres: 0000002000
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: ABS A00003 J DE LA GARZA SV-1,2.0 ACRES

Neighborhood

  • School District Name: Poteet Independent School District
  • School Tax School District: WEV
  • Census Tract: 960300

Geography

  • Account Number: 00003-00-000-008300
  • Parcel: R10171
  • Municipality: POTEET
  • Latitude: 29.0452
  • Longitude: -98.575

    Address

  • Full Address: 80 Rutledge Rd
  • Address - House Number: 80
  • Address - Street Name: Rutledge
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Poteet
  • Carrier Code: R003
  • 4-Digit Zip Code: 5000
  • Zip Code: 78065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,139
  • Tax Rate Code Area: CPO FMLR G

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 99,054
  • High Value: 126,565
  • Low Value: 71,544

    Market Valuation

  • Market Total Value: $45,900
  • Market Land Value: $41,056
  • Market Improvement Value: $4,844

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,900
  • Assessed Land Value: $41,056
  • Assessed Improvements Value: $4,844
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 Poteet

Stats & Trends

Median Asking:

$182,000

Sale Price/ft²

$124

Below Asking

0.05%

Average Days on Market

101

Average Home Size

1485 ft²

Average Home Age

45.2 years

Currently For Sale

18 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: Cody Orr, South LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1761599
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 80 Rutledge Road built and last sold?
The property at 80 Rutledge Road was built in 1905 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 80 Rutledge Road is $95,950.
What are some comparable homes to 80 Rutledge Road?
There are currently no comparable homes to 80 Rutledge Road.
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