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Johnson 76093
8816 County Road 1205
$249,000
● House - Off Market

8816 County Road 1205

Rio Vista, TX 76093
bedrooms
Studio
bathrooms
0 Bath
$368,459
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

GORGEOUS 25 acres! This land is ready to build your dream home on. Improvements include: New water well installed, fencing built around entire property, and clearing of underbrush for your convenience.  Property includes massive mature trees, a large stocked tank, and a beautiful creek bed running though the center of acreage. The land is divided up perfectly for two optional building sites. Deed restrictions include minimal 1,600 square foot home with 50% masonry required, shops allowed, and no mobile homes. This land is located in an area that is  surrounded by large pastures, minimizing proximity of neighbors ensuring you can enjoy country living to the fullest for years to come! Ag exempt, no city taxes.
Unit Size
-
Days on Market
-
Land Size
25.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$7
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: 3 years ago (NTREIS #14315691)

Price History

Date / Event Date Event Price
Aug 14, 2020 Sold
Premium
Sold
Apr 3, 2020 Listed by Fathom Realty, LLC $269,000
Listed by Fathom Realty, LLC

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: 435,600
  • 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: A
  • Subdivision: RUNNING CREEK
  • Land Acres: 0000010000
  • Standard Land Use Code: 7001
  • County Land Use Code: D2
  • State Land Use Code: D2
  • Legal Description 1: ABST 326 TR 1D R HOPE

Neighborhood

  • School District Name: Rio Vista Independent School District
  • School Tax School District: RIO VISTA ISD
  • Census Tract: 130500

Geography

  • Assessors Map Reference: 126.0326.00061
  • Account Number: R000104337
  • Subdivision Tract Number: 1D
  • Parcel: 126-0326-00061
  • Municipality: GRANDVIEW
  • Latitude: 32.2162
  • Longitude: -97.3353

    Address

  • Full Address: 8816 Cr 1205
  • Address - House Number: 8816
  • Address - Street Name: Cr 1205
  • State: TX

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,469
  • Tax Rate Code Area: 7

    Market Valuation

  • Market Total Value: $166,760
  • Market Land Value: $125,000
  • Market Improvement Value: $41,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,760
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $41,760

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6684
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Aug 14, 2020
  • Previous Sale Amount: $264,600
  • 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 Johnson

Stats & Trends

Median Asking:

$331,900

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

75

Average Home Size

2272 ft²

Average Home Age

-

Currently For Sale

1100 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 405 Whitney Court, Rio Vista, TX, 76093

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
405 Whitney Court, Rio Vista, TX, 76093 Listing by Victor Smargiasso

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Chelsea Lewis, Fathom Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14315691
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8816 County Rd 1205 built and last sold?
The property at 8816 County Rd 1205 was built in and last sold on Mar 14, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 8816 County Rd 1205 is $271,690.
What are some comparable homes to 8816 County Rd 1205?
There are currently no comparable homes to 8816 County Rd 1205.
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