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Bexar 78109 Meadowbrook
8278 Morning Grove
$96,500
● House - Off Market

8278 Morning Grove

Converse, TX 78109
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,582 Ft²
$209,712
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Move in ready to go. Recent carpet, vinyl flooring and interior paint. Pleasing neutral colors. This home has a very nice floor plan and large back yard. Kitchen area open to dinning living room combination. Large master suite with walk in closet. Secondary bedrooms are good size as well.  Garage is 1.5 car or oversized 1 car. Convenient location for both Ft Sam and Randolph AFB.
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$63
Property Type
House
Property Taxes
$175
HOA Dues
$20
Year Built
-

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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: 6 months ago (LERA #800233)

Price History

Date / Event Date Event Price
Nov 6, 2009 Sold
Premium
Sold
Sep 11, 2009 Listed by Keller Williams Legacy $99,000
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 0
  • 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: 5,040
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • 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: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB: 5080G BLK: 2 LOT: 168 VENTURA UNIT-16

Neighborhood

  • School District Name: Judson Independent School District
  • School Tax School District: 84
  • Census Tract: 131610

Geography

  • Subdivision Tract Number: 168
  • Parcel: 05080-702-1680
  • Block: 2
  • Lot: 168
  • Municipality: CONVERSE
  • Latitude: 29.4904
  • Longitude: -98.3192

    Address

  • Full Address: 8278 Morning Grv
  • Address - House Number: 8278
  • Address - Street Name: Morning
  • Address - Suffix Type: Grv
  • State: TX
  • City Name: Converse
  • Carrier Code: R012
  • 4-Digit Zip Code: 3436
  • Zip Code: 78109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $344,379
  • Tax Rate Code Area: 06 08 09 1

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 221,744
  • High Value: 262,646
  • Low Value: 180,843

    Market Valuation

  • Market Total Value: $198,830
  • Market Land Value: $38,150
  • Market Improvement Value: $160,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,377
  • Assessed Land Value: $38,150
  • Assessed Improvements Value: $160,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2009
  • Current Sale Recording Date: Nov 09, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20090218457
  • Previous Sale Recording Date: Mar 20, 1996
  • Previous Sale Contract Date: Mar 15, 1996
  • Previous Sale Amount: $75,200
  • Previous 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 Judson

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$140

Above Asking

0.49%

Average Days on Market

81

Average Home Size

2063 ft²

Average Home Age

22.3 years

Currently For Sale

785 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 9430 Anderson Way, Converse, TX, 78109

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 2,289 ft²
9430 Anderson Way, Converse, TX, 78109 Listing by Anthony Pham

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Terry Reitz, Keller Williams Legacy
Last Updated: 6 months ago
Data Source: LERA, MLS# 800233
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 8278 Morning Grove built and last sold?
The property at 8278 Morning Grove was built in and last sold on Nov 5, 2009 for $96,000.
How much is this home worth?
The estimated value of the home located at 8278 Morning Grove is $106,422.
What are some comparable homes to 8278 Morning Grove?
There are currently no comparable homes to 8278 Morning Grove.
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