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Converse 78109 Converse
8414 Clear Meadows
$199,000
● House - Off Market

8414 Clear Meadows

Converse, TX 78109
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,008 Ft²
$1,227
Est. Monthly

About This Property

First time buyers and investors will be fighting to call this 2 bed/2 bath/2 full size garage their own. Located on a cul-de-sac with easy access to I35 and 1604 this newly remodeled home is the move in ready home you have been looking to call your sanctuary. With new floors, fresh paint, updated kitchen with new appliances, new toilets and fixtures throughout the inside and a large yard with fresh sod and landscaping outside you won't have to lift a finger to make this home your own.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$197
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1981

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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 #1745622)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Jan 19, 2024 Listed by Real Broker, LLC $199,000
Listed by Real Broker, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 414
  • Parking Space Count: 2
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,850
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIMMARON VLY UN 5
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 5063G BLK 6 LOT 46

Neighborhood

  • School District Name: Judson Independent School District
  • School Tax School District: 54
  • Census Tract: 121604

Geography

  • Assessors Map Reference: 554C6
  • Subdivision Tract Number: 46
  • Parcel: 05063-706-0460
  • Block: 6
  • Lot: 46
  • Municipality: CONVERSE
  • Latitude: 29.5251
  • Longitude: -98.3199

    Address

  • Full Address: 8414 Clear Mdws
  • Address - House Number: 8414
  • Address - Street Name: Clear
  • Address - Suffix Type: Mdws
  • State: TX
  • City Name: Converse
  • Carrier Code: C003
  • 4-Digit Zip Code: 2612
  • Zip Code: 78109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $302,414
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 54

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 204,459
  • High Value: 239,125
  • Low Value: 169,793

    Market Valuation

  • Market Total Value: $139,010
  • Market Land Value: $53,530
  • Market Improvement Value: $85,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,500
  • Assessed Land Value: $53,530
  • Assessed Improvements Value: $85,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 38381
  • Previous Sale Recording Date: May 19, 2021
  • Previous Sale Contract Date: May 18, 2021
  • Previous Sale Amount: $60,000
  • 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

82

Average Home Size

2054 ft²

Average Home Age

22.3 years

Currently For Sale

794 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

$2,195 /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: Chris Thompson, Real Broker, LLC
Last Updated: 6 months ago
Data Source: LERA, MLS# 1745622
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 8414 Clear Meadow built and last sold?
The property at 8414 Clear Meadow was built in 1981 and last sold on Mar 1, 2024 for $163,605.
How much is this home worth?
The estimated value of the home located at 8414 Clear Meadow is $197,491.
What are some comparable homes to 8414 Clear Meadow?
There are currently no comparable homes to 8414 Clear Meadow.
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