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Medina 78056
855 CR 368
$90,000
● Land - Off Market

855 CR 368

Mico, TX 78056
bedrooms
Studio
bathrooms
0 Bath
square feet
1,276 Ft²
$200,407
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Great potential to build a home with good views. Property has a home that has no value. There is a well that needs to be serviced and checked out! There looks to be a mesh fence completely around the property in good shape.
Unit Size
1,276 Ft²
Days on Market
-
Land Size
17.02 acres
Price per sqft
$81
Property Type
Land
Property Taxes
$158
HOA Dues
-
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: 5 months ago (LERA #987832)

Price History

Date / Event Date Event Price
Aug 20, 2013 Sold
Premium
Sold
Mar 2, 2013 Listed by Icon Realty $103,000
Listed by Icon Realty

Property Highlights

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: 741,391
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,762
  • Gross Building Area: 1,762
  • Building Area: 3,762
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,762
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDINA OAKS SUBDIVISION
  • Land Acres: 0000017020
  • Standard Land Use Code: 1008
  • County Land Use Code: D2
  • Legal Description 1: MEDINA OAKS LOT 17

Neighborhood

  • School District Name: Hondo Independent School District
  • School Tax School District: RFM SHO
  • Census Tract: 000301

Geography

  • Account Number: 0S0058-00000-00017-21649
  • Parcel: 21649
  • Lot: 17
  • Municipality: MICO
  • Latitude: 29.5076
  • Longitude: -99.0028

    Address

  • Full Address: 855 County Road 368
  • Address - House Number: 855
  • Address - Street Name: County Road 368
  • State: TX
  • City Name: Mico
  • Carrier Code: H007
  • 4-Digit Zip Code: 5067
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $131,071
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 344,485
  • High Value: 438,831
  • Low Value: 250,139

    Market Valuation

  • Market Total Value: $319,270
  • Market Land Value: $263,340
  • Market Improvement Value: $55,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,980

    Sales

  • Current Sale Contract Date: Mar 14, 2017
  • Current Sale Recording Date: Apr 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017002760
  • Previous Sale Recording Date: Aug 23, 2013
  • Previous Sale Contract Date: Aug 16, 2013
  • Previous Sale Amount: $106,900
  • Previous Sale Document Type: 70
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:

$384,790

Sale Price/ft²

$184

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2363 ft²

Average Home Age

15.9 years

Currently For Sale

518 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: Sam Ballow, Icon Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 987832
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 855 County Rd 368 built and last sold?
The property at 855 County Rd 368 was built in and last sold on Mar 14, 2017 for $85,500.
How much is this home worth?
The estimated value of the home located at 855 County Rd 368 is $104,388.
What are some comparable homes to 855 County Rd 368?
There are currently no comparable homes to 855 County Rd 368.
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