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Wilson 78223
948 TOWER RD
$58,000
● Land - Off Market

948 TOWER RD

San Antonio, TX 78223
bedrooms
Studio
bathrooms
0 Bath
$91,356
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

3.2 Acres residential lot in Tower Lake Estates that is ready for Improvements. Easy access to highway and only 9 Miles away from Brooks City Base and other attractions. Get this LOT before it is gone. Water and Electricity accessible.
Unit Size
-
Days on Market
-
Land Size
3.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
-
Year Built
-

Payment Calculator

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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 #1307452)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 26, 2018 Listed by Keller Williams City-View $60,000
Listed by Keller Williams City-View

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: 130,680
  • 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: V
  • Subdivision: TOWER LAKE ESTATES
  • Land Acres: 0000003000
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: TOWER LAKE ESTATES, LOT 18, ACRES 3.200

Neighborhood

  • School District Name: Floresville Independent School District
  • School Tax School District: FLORESVILLE ISD
  • Census Tract: 000406

Geography

  • Parcel: 23437
  • Lot: 18
  • Municipality: SAN ANTONIO
  • Latitude: 29.2668
  • Longitude: -98.2681

    Address

  • Full Address: 948 Tower Rd
  • Address - House Number: 948
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: San Antonio
  • Carrier Code: R001
  • 4-Digit Zip Code: 6025
  • Zip Code: 78223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $89,188
  • Tax Rate Code Area: GW SF HH W

    Market Valuation

  • Market Total Value: $61,080
  • Market Land Value: $61,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,080
  • Assessed Land Value: $61,080

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: Jun 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 074289
  • Previous Sale Recording Date: May 09, 2013
  • Previous Sale Contract Date: May 08, 2013
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: VAR
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 Wilson

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

89

Average Home Size

2333 ft²

Average Home Age

18.3 years

Currently For Sale

310 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: Patty Monteza, Keller Williams City-View
Last Updated: 6 months ago
Data Source: LERA, MLS# 1307452
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 948 Tower Road built and last sold?
The property at 948 Tower Road was built in and last sold on May 31, 2018 for $58,000.
How much is this home worth?
The estimated value of the home located at 948 Tower Road is $60,600.
What are some comparable homes to 948 Tower Road?
There are currently no comparable homes to 948 Tower Road.
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