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Medina
970 CR 367
$286,290
● House - Off Market

970 CR 367

Hondo, TX 78861
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,223 Ft²
$617,546
RealtyHop Estimate
106.19%
Since Aug 1, 2009
National-US
Primary Model

About This Property

Like new custom 3/2/2 home on 1.55 acres, with (30x40) shop, and (15x40)RV shed. Includes Granite counter tops,upgraded stainless appliances to stay, Oversized garage w/remotes, all window coverings, backyard area fenced for dogs, double driveway extends to shop, double oversized shower, walk-in gun safe, oil rubbed bronze fixtures, Medina Valley schools, and convenient to S.A. This home has it all!
Unit Size
2,223 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$135
Property Type
House
Property Taxes
$450
HOA Dues
$8
Year Built
2007

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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 #759634)

Price History

Date / Event Date Event Price
Jul 28, 2009 Sold
Premium
Sold
Jan 6, 2009 Listed by Galm Real Estate $299,500
Listed by Galm Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • 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: 8
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,518
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,223
  • Gross Building Area: 5,068
  • Building Area: 2,223
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,223
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SETTLERS PASS SUBDIVISION
  • Land Acres: 0000001550
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: SETTLERS PASS LOT 37

Neighborhood

  • School District Name: Medina Valley Independent School District
  • School Tax School District: RFM RSP SMV
  • Census Tract: 000103

Geography

  • Account Number: 0S0342-00000-00037-68965
  • Parcel: 68965
  • Lot: 37
  • Municipality: HONDO
  • Latitude: 29.4358
  • Longitude: -98.9255

    Address

  • Full Address: 970 County Road 367
  • Address - House Number: 970
  • Address - Street Name: County Road 367
  • State: TX
  • City Name: Hondo
  • Carrier Code: R003
  • 4-Digit Zip Code: 6560
  • Zip Code: 78861

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: FED1 GME H

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 527,193
  • High Value: 662,371
  • Low Value: 392,014

    Market Valuation

  • Market Total Value: $549,980
  • Market Land Value: $104,130
  • Market Improvement Value: $445,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $549,980
  • Assessed Land Value: $104,130
  • Assessed Improvements Value: $445,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2014
  • Current Sale Recording Date: Jun 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2014032976
  • Previous Sale Recording Date: Aug 07, 2009
  • Previous Sale Contract Date: Jul 28, 2009
  • Previous Sale Amount: $280,300
  • 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:

$392,990

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2366 ft²

Average Home Age

15.7 years

Currently For Sale

521 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, Galm Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 759634
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 970 County Rd 367 built and last sold?
The property at 970 County Rd 367 was built in 2007 and last sold on May 29, 2014 for $264,300.
How much is this home worth?
The estimated value of the home located at 970 County Rd 367 is $307,516.
What are some comparable homes to 970 County Rd 367?
There are currently no comparable homes to 970 County Rd 367.
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