$700,000

550 County Road 262 Mico, TX 78056

Estimated payment $4,539/month

Total Views 35,696
2 Beds
2 Baths
1,890 Sq Ft
$370 Price per Sq Ft

Highlights

  • Lake Front
  • Deck
  • Covered patio or porch
  • Potranco Elementary School Rated A
  • No HOA
  • Circular Driveway

About This Home

Escape to your own private retreat surrounded by nature's beauty! Nestled on 2.057 acres of picturesque, park-like grounds, this stunning property offers a peaceful sanctuary ideal for quiet reflection or gathering with loved ones. Views stretch endlessly across the rolling Hill Country, creating the perfect backdrop for relaxation and making lasting memories. The spacious living room welcomes you with a beautiful rock fireplace and an abundance of natural light, setting a warm, inviting tone throughout the home. The kitchen, complete with granite countertops and new wood-look flooring, blends comfort and style for everyday living or entertaining. Upstairs, four tranquil bedrooms provide cozy retreats, along with a charming full bath featuring thoughtful accents. The primary bedroom offers direct access to a large second-story deck—an incredible space big enough for the entire family to gather and soak in the breathtaking views. Step outside to discover endless outdoor spaces designed for connection and fun. A covered concrete patio and a large entertaining area invite evenings under the stars, while an additional full-bath shower house adds ultimate convenience for outdoor gatherings. This home comes equipped with thoughtful upgrades, including a fenced-in entrance for privacy, new flooring, a top-of-the-line water filtration system with storage, and updated electrical wiring. Whether you're looking for a peaceful family getaway, a personal escape, or a turnkey rental opportunity, this property is ready to exceed your expectations. Although the lake is currently dry, its natural beauty and potential are undeniable. As the rains return, the landscape will transform once again into a breathtaking lakeside haven, with family on the updated dock adding even more magic to this already stunning setting. Don't miss your chance to own this stunning and rare Hill Country haven- ask for the extensive list of upgrades and schedule your private showing today!

Listing Agent

Cynthia McGee

Magnolia Realty Brokerage Phone: (254) 218-5940 License #0664867 Listed on: 04/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1935

Lot Details

  • 2.06 Acre Lot
  • Lake Front
  • South Facing Home
  • Gated Home

Parking

  • Circular Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

  • Outside School District Elementary School
  • Loma Alta Middle School
  • Medina Valley High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • West Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number R21580

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,946

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1935
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Take the Culebra Rd exit from TX-1604 Loop W Take FM471 S, FM1283, and Co Rd 271 to the destination
  • Disclosures: Lead Base Paint Addendum
  • Fencing: Gate
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 1890
  • Other Structures: Outbuilding
  • Special Listing Conditions: Standard
  • Attribution Contact: (254) 218-5940
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7795.00
  • FEMA Flood Plain: Yes-500 yr
  • Restrictions: None
  • Tax Exemptions: None
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • View: Water
  • Flooring: Vinyl
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Refrigerator
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Garage
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Composition, Metal
  • Builder Name: Unknown
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Medina Lake
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, High Speed Internet
  • Heating: Central, Electric
  • Water Source: Well
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Outside School District
  • High School: Medina Valley
  • Middle/Junior School: Loma Alta
  • Junior High Dist: Medina Valley Isd
  • High School Other: Medina

Lot Info

  • Lot Features: Views
  • Parcel Number: R21580
  • Lot Size Acres: 2.057
  • Lot Size Sq Ft: 89602.92
  • Subdivision Name: West Shore

Building Info

  • Construction Materials: Stone, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 0
  • Tax Year: 2024
  • Tax Annual Amount: 7946
  • Tax Map Number: 24
  • Tax Rate: 1.81749200000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,946 $437,220 $244,620 $192,600
2023 $7,795 $435,120 $244,620 $190,500
2022 $7,758 $389,300 $244,620 $144,680
2021 $7,582 $361,660 $244,620 $117,040
2020 $5,726 $262,450 $139,880 $122,570
2019 $5,555 $257,150 $139,880 $117,270
2018 $5,555 $257,150 $139,880 $117,270
2017 $5,265 $243,800 $139,880 $103,920
2016 $5,254 $243,290 $139,880 $103,410
2015 $5,057 $243,290 $139,880 $103,410
2014 $5,057 $243,290 $139,880 $103,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $700,000 -3.4% $370 / Sq Ft
01/02/2025 01/02/25 For Sale $725,000 0.0% $384 / Sq Ft
12/31/2024 12/31/24 Off Market -- -- --
11/08/2024 11/08/24 Price Changed $725,000 -14.7% $384 / Sq Ft
05/01/2024 05/01/24 For Sale $850,000 +17.2% $450 / Sq Ft
05/19/2022 05/19/22 Off Market -- -- --
02/18/2022 02/18/22 Sold -- -- --
01/19/2022 01/19/22 Pending -- -- --
08/27/2021 08/27/21 For Sale $725,000 -- $384 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $675,000 New Title Company Name
Special Warranty Deed $192,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 New Conventional
Previous Owner $119,900 New Conventional
Source: Public Records

About the Listing Agent

Cynthia McGee

Magnolia Realty

(830) 271-5956

Section Image

Cynthia McGee is the Founder of Children Matter, a nonprofit dedicated to transforming the lives of children and families through the unique synergy of real estate and philanthropy. She seamlessly intertwines her career in real estate with a deep commitment to family and community engagement.

Motivated to reflect the significance of family and home in her career, Cynthia allocates a portion of all real estate sales to support Children Matter. This unique approach underscores a heartfelt

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5425256

Unlock MLS (Austin Board of REALTORS®)

APN: 21580