For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Bandera
972 Rio Hondo Loop E
$270,000
● Land - Off Market

972 Rio Hondo Loop E

Tarpley, TX 78883
bedrooms
Studio
bathrooms
0 Bath
$283,292
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

10.47 ACRES in Rio Hondo Ranch, Tarpley, TX. This property is level, dotted with awesome Live Oak mots, and backs up to a larger ranch. There's electricity, well and septic on the property. There are few restrictions and hunting is allowed. There's an old cabin on the property in disrepair and most likely a goner. There's a fenced vegetable garden and shed. It's peaceful and private, with views of the surrounding hills. Rio Hondo is a community of 3 - 50 acre tracts, located between picturesque Tarpley and Utopia. The HOA is voluntary. There's a community park, volunteer fire department and heliport for emergencies. Come and make Rio Hondo Ranch, your Hill Country home
Unit Size
-
Days on Market
-
Land Size
10.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$135
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #1615570)

Price History

Date / Event Date Event Price
Aug 8, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by Gail Stone Realty $274,000
Listed by Gail Stone 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: 87,120
  • 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: R
  • Subdivision: RIO HONDO
  • Land Acres: 0000002000
  • Standard Land Use Code: 1008
  • County Land Use Code: E1
  • Legal Description 1: RIO HONDO LT 17F PT 2 ACRES

Neighborhood

  • School District Name: Medina Independent School District
  • School Tax School District: SW, T, US
  • Census Tract: 000200

Geography

  • Account Number: 68000-06000-0171
  • Parcel: 158020
  • Lot: 17F PT
  • Municipality: TARPLEY
  • Latitude: 29.7011
  • Longitude: -99.3361

    Address

  • Full Address: 972 Rio Hondo Loop E
  • Address - House Number: 972
  • Street Segment Direction: E
  • Address - Street Name: Rio Hondo
  • Address - Suffix Type: Loop
  • State: TX
  • City Name: Tarpley
  • Carrier Code: H002
  • 4-Digit Zip Code: 4422
  • Zip Code: 78883

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,987
  • Tax Rate Code Area: BC, CAD, C

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 99,043
  • High Value: 124,301
  • Low Value: 73,785

    Market Valuation

  • Market Total Value: $41,260
  • Market Land Value: $41,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,260
  • Assessed Land Value: $41,260
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 Bandera

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$241

Below Asking

0.04%

Average Days on Market

92

Average Home Size

2249 ft²

Average Home Age

23.6 years

Currently For Sale

237 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

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Harriet Hearne, Gail Stone Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1615570
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 972 Rio Hondo Loop East built and last sold?
The property at 972 Rio Hondo Loop East was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 972 Rio Hondo Loop East is $276,740.
What are some comparable homes to 972 Rio Hondo Loop East?
There are currently no comparable homes to 972 Rio Hondo Loop East.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Medina Homes for Sale
Medina Houses for Sale
Medina Land for Sale
Medina Commercial for Sale
Medina Homes with Basements
Medina Homes with Pools
Medina Homes with Parking
Medina Homes with Garages
Nearby Cities
Kerrville Homes for Sale
Boerne Homes for Sale
Scenic Oaks Homes for Sale
Lakehills Homes for Sale
Helotes Homes for Sale
Cross Mountain Homes for Sale
Lake Medina Shores Homes for Sale
Comfort Homes for Sale
Nearby Property Records
Bandera County, TX Property Records
Kerr County, TX Property Records
Real County, TX Property Records
Uvalde County, TX Property Records
Medina County, TX Property Records
Kendall County, TX Property Records
Gillespie County, TX Property Records
Bexar County, TX Property Records
Neighborhoods
Heritage Real Estate
Great Northwest Real Estate
Braun's Farm Real Estate
Northwest Crossing Real Estate
Villages of Westcreek Real Estate
Helotes Real Estate
Sierra Springs Real Estate
Sonoma Ranch Real Estate
Nearby Counties
San Antonio Northwest Homes for Sale
San Antonio West Homes for Sale
Kerrville Homes for Sale
Boerne Homes for Sale
Bandera Homes for Sale
Ingram Homes for Sale
Castroville-LaCoste Homes for Sale
Comfort Homes for Sale
Top Real Estate Agents
Top Agents in Medina
Top Agents in San Antonio Northwest
Top Agents in San Antonio West
Top Agents in 78253
Top Agents in 78028
Top Agents in 78245
Top Agents in 78254
Top Agents in Kerrville