14 days on rocket

550 County Road 262, Mico, TX, 78056

$850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,890 SqFt
$450/SqFt
House
Schools Nearby

Location

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550 County Road 262, Mico$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone/Not Applicable
Year Built1935
HeatingCentral, Electric
CoolingCentral Air, Wall/Window Unit(s)
WaterfrontLake Front, Waterfront
FireplaceLiving Room
ViewLake, Water
MLS #1770989
Lot Size2.06 Acres
StatusActive

About 550 County Road 262

Welcome to your dream waterfront retreat at Masterson's Point! Nestled on a sprawling 2.057-acre 'park-like' setting, this stunning home offers unparalleled tranquility. Step into the spacious living room, where a majestic rock fireplace invites cozy gatherings amidst abundant natural light, creating a warm and inviting ambiance. The kitchen boasts granite countertops and new wood-like flooring, making it a cozy space for functionality and warmth while creating your favorite meals. Upstairs, four bedrooms await, each offering comfort and serenity, complemented by a full bath adorned with charming accents. The primary bedroom leads to a sprawling deck, offering breathtaking views of the hill country and lake, ideal for morning coffees or evening relaxation. Discover a haven for outdoor entertaining featuring a covered concrete patio, a large entertaining patio, and a full-bath shower house for added convenience. The two-story dock with a boat lift is a boater's paradise, recently renovated with Bluetooth capabilities, ensuring endless days of waterfront fun. Additional highlights include a storage shed, gated entry for added privacy, recent upgrades, new flooring, a state-of-the-art water filtration system with water storage, and updated electrical. While the lake is currently at lower levels, studies have indicated promising prospects for its revitalization. Forecasts suggest El Nino is on the horizon, and there's anticipation for a refill by fall. This hopeful outlook presents an exciting opportunity for future waterfront enjoyment and recreational activities. Embrace the anticipation of brighter days ahead as you envision your idyllic waterfront lifestyle in this captivating oasis. This is a 'must-see' waterfront gem that exceeds expectations at every turn. SEE the extensive list of upgrades attached.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1935
  • Stories: 2
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: Magnolia Realty
  • Office Phone: (210) 454-7768
  • Listing Agent: Cynthia McGee

Interior Features

Interior Information:

  • Appliances: Ceiling Fan(s), Oven, Refrigerator, Dishwasher, Cooktop
  • Flooring Type: Vinyl
  • Interior: One Living Area, Separate Dining Room, All Bedrooms Upstairs, Laundry in Garage
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • View: Lake, Water
  • Exterior: Patio Slab, Covered Patio, Deck/Balcony, Storage Building/Shed, Mature Trees, Dock, Water Front Improved

Parking Information:

  • Attached Garage: No
  • Parking: None/Not Applicable

Lot Features

Lot Information:

  • Lot: Waterfront, Views, Secluded
  • Lot Size: 2.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Medina Valley High School, Public District Grades 9-12
  • Medina Valley Middle School, Public District Grades 6-8
  • Potranco Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take the Culebra Rd exit from TX-1604 Loop W Take FM471 S, FM1283, and Co Rd 271 to the destination

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $450/SqFt

Tax Information:

  • Annual Amount: $5,502
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mico, TX.

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Mico, TX

City

Med. Sold Price

$595K

Med. Price/SqFt

$214

Avg. Days On Market

8

# of Sold Homes

1

550 County Road 262 vs Mico

14 DAYS ON ROCKET

+6 Days

$850,000

+$255K More

$450/SqFt

+$235 More

KEY TAKEAWAY

This property is $255K more than the Median Sold Price and $235/SqFt more than other homes in Mico, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1770989

Listing Office:

  • Office Name: Magnolia Realty
  • Office Phone: (210) 454-7768
  • Listing Agent: Cynthia McGee

IDXDisclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/15/2024, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,502$262,450
2019$5,266$257,150
2018$5,266$257,150
2017$5,266$243,800

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1450607
7
/10

  • Potranco Elementary School

  • 190 County Road 381 S

  • 11.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1450608
5
/10

  • Medina Valley Middle School

  • 8395 Fm 471 S

  • 15.79 miles

  • Public District Grades 6-8

High School

school-card-donut-1450609
6
/10

  • Medina Valley High School

  • 8365 Fm 471 S

  • 15.79 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,312. Most Mico, TX residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 County Road 262

What is the listing price of this property?

The listing price of 550 County Road 262 property is $850,000.

What type of property is this?

The property 550 County Road 262 is a house located in Mico, Texas, 78056.

Is this property for sale now?

Active Listing: 550 County Road 262 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 550 County Road 262 are:
Potranco Elementary School: GreatSchools Rating 7/10
Medina Valley Middle School: GreatSchools Rating 5/10
Medina Valley High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,502 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 550 County Road 262 has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 County Road 262 is 1,890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 County Road 262 is 1935.

Rocket Homes›Texas›Medina County›Mico›78056›550 County Road 262

This home is located at 550 County Road 262 in Mico, TX and zip code 78056. This 1,890 square foot home, which was built in 1935, sits on a 2.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $850,000.

Over 0 listings were sold over their listed price in April 2024 in Mico, TX. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. Between March 2024 and April 2024, Mico, TX real estate market has seen increase in the number of listings by 12.5%. While the average time on the market in April 2024 was 8 days, the median list price was $595,000.

From Rocket Homes Real Estate and based on county public records data.

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