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Wilson 78121
994 County Road 347
$240,000
● Land - Off Market

994 County Road 347

La Vernia, TX 78121
bedrooms
Studio
bathrooms
0 Bath
$257,237
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

THE OPPORTUNITY YOU HAVE BEEN LOOKING FOR IN LVISD! 30 acres cleared and already ag exempt (coastal bermuda field used for hay production), this beautiful piece of land is ready for your dream home with a vista of a stand of oak trees at the bottom of the property. Already cross-fenced, the seller will be fencing the western front half as well. All you have to do is start building! Seller will require 'not to be subdivided' clause in contract. Hurry to see this one as land is La Vernia is popular!
Unit Size
-
Days on Market
-
Land Size
17.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
-
Year Built
2016

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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 #1280894)

Price History

Date / Event Date Event Price
Jun 23, 2018 Sold
Premium
Sold
Nov 27, 2017 Listed by Concierge Realty of SA $169,700
Listed by Concierge Realty of SA

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,024
  • Gross Building Area: 3,888
  • Building Area: 3,888
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: F HERRERA SUR
  • Land Acres: 0000005000
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: A0015 F HERRERA SUR, TRACT 25D, ACRES 5.0

Neighborhood

  • School District Name: La Vernia Independent School District
  • School Tax School District: LA VERNIA ISD
  • Census Tract: 000103

Geography

  • Subdivision Tract Number: 25D
  • Parcel: 77310
  • Lot: 25D
  • Municipality: LA VERNIA
  • Latitude: 29.3812
  • Longitude: -98.1487

    Address

  • Full Address: 994 County Road 347
  • Address - House Number: 994
  • Address - Street Name: County Road 347
  • State: TX
  • City Name: La Vernia
  • Carrier Code: R002
  • 4-Digit Zip Code: 4219
  • Zip Code: 78121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $634,719
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: GW SL HH W

    Market Valuation

  • Market Total Value: $574,220
  • Market Land Value: $115,240
  • Market Improvement Value: $458,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,178

    Exemptions

  • 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 Wilson

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$225

Below Asking

0.03%

Average Days on Market

90

Average Home Size

2344 ft²

Average Home Age

18.8 years

Currently For Sale

323 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, Concierge Realty of SA
Last Updated: 5 months ago
Data Source: LERA, MLS# 1280894
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 994 County Rd 347 built and last sold?
The property at 994 County Rd 347 was built in 2016 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 994 County Rd 347 is $171,397.
What are some comparable homes to 994 County Rd 347?
There are currently no comparable homes to 994 County Rd 347.
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