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Medina 78056
872 County Road 270
$100,000
● Land - Off Market

872 County Road 270

Mico, TX 78056
bedrooms
Studio
bathrooms
0 Bath
$239,297
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

OWNER FINANCING AVAILABLE FOR THIS GORGEOUS PIECE OF TEXAS HILL COUNTRY MINUTES FROM MEDINA LAKE! Make your dreams come true with this rural acreage that has all the advantages of country living yet is just minutes from convenient amenities in San Antonio. Whether you are looking for a getaway for hunting, a retreat for nearby fishing/boating or a site for your country home; you have found it in this 25 acres in popular Medina Lake Ranchettes. The creek attracts loads of game & the view will amaze!
Unit Size
-
Days on Market
-
Land Size
25.42 acres
Price per sqft
-
Property Type
Land
Property Taxes
$121
HOA Dues
-
Year Built
2001

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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 #1140732)

Price History

Date / Event Date Event Price
Jul 25, 2017 Sold
Premium
Sold
Sep 28, 2015 Listed by Drayton Realty, LLC $149,700
Listed by Drayton Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 546,025
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,872
  • Gross Building Area: 4,272
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000012535
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: MEDINA LAKE RANCHETTES UNIT 1 LOT 10 WEST HALF PART OF

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: RFM SMV
  • Census Tract: 000104

Geography

  • Account Number: 0S0057-00000-00010-58483
  • Parcel: 58483
  • Lot: 10
  • Municipality: MICO
  • Latitude: 29.579
  • Longitude: -98.877

    Address

  • Full Address: 872 County Road 270
  • Address - House Number: 872
  • Address - Street Name: County Road 270
  • State: TX
  • City Name: Mico
  • Carrier Code: H007
  • 4-Digit Zip Code: 5351
  • Zip Code: 78056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $284,058
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 62
  • Final Value: 508,003
  • High Value: 641,023
  • Low Value: 374,984

    Market Valuation

  • Market Total Value: $447,420
  • Market Land Value: $160,680
  • Market Improvement Value: $286,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,420
  • Assessed Land Value: $160,680
  • Assessed Improvements Value: $286,740

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$385,000

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2380 ft²

Average Home Age

15.7 years

Currently For Sale

512 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: Linda Zimmerhanzel, Drayton Realty, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1140732
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 872 County Rd 270 built and last sold?
The property at 872 County Rd 270 was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 872 County Rd 270 is $151,197.
What are some comparable homes to 872 County Rd 270?
There are currently no comparable homes to 872 County Rd 270.
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