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Kerrville 78028
1005 Pinnacle View Dr
$149,000
● Land - Off Market

1005 Pinnacle View Dr

Kerrville, TX 78028
bedrooms
Studio
bathrooms
0 Bath
$271,544
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Beautiful home site in Comanche Trace on the green of # 7 hole of The Creeks course.  Comanche Trace is a Master Planned Community w/ 27 hole course, beautiful club house w/ excellent dining, walking trails, private river park, fishing lake & green spaces.  Property is ready for buyer to build their dream home!  Architectural guidelines - must build min. 2500sf home.  ALL CLOSING COSTS PAID by SELLER!
Unit Size
-
Days on Market
-
Land Size
0.64 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
$52
Year Built
2018

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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: 6 months ago (LERA #1146603)

Price History

Date / Event Date Event Price
May 11, 2016 Sold
Premium
Sold
Nov 3, 2015 Listed by Fore Premier Properties $159,000
Listed by Fore Premier Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1
  • Garage Square Area: 1,158
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,791
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,344
  • Gross Building Area: 5,224
  • Building Area: 3,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COMANCHE TRACE PH 11
  • Land Acres: 0000000638
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: COMANCHE TRACE PH 11 BLK B LOT 19 ACRES .638

Neighborhood

  • School District Name: Kerrville Independent School District
  • School Tax School District: UGR WHU
  • Census Tract: 960700

Geography

  • Account Number: 3596-0020-001900
  • Parcel: 529888
  • Block: B
  • Lot: 19
  • Municipality: KERRVILLE
  • Latitude: 29.9743
  • Longitude: -99.1263

    Address

  • Full Address: 1005 Pinnacle Vw E
  • Address - House Number: 1005
  • Street Segment Direction: E
  • Address - Street Name: Pinnacle
  • Address - Suffix Type: Vw
  • State: TX
  • City Name: Kerrville
  • Carrier Code: R019
  • 4-Digit Zip Code: 7301
  • Zip Code: 78028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,699,314
  • Tax Rate Code Area: CKV GKR RL

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 1,016,159
  • High Value: 1,248,402
  • Low Value: 783,916

    Market Valuation

  • Market Total Value: $1,072,186
  • Market Land Value: $145,000
  • Market Improvement Value: $927,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,072,186
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $927,186

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2016
  • Current Sale Recording Date: Jun 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16-003523
  • Previous Sale Recording Date: Aug 21, 2008
  • Previous Sale Contract Date: Aug 16, 2008
  • Previous Sale Document Type: 71
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 Kerrville

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

70

Average Home Size

1894 ft²

Average Home Age

33.1 years

Currently For Sale

97 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

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LERA

Listed by: Dorothy Johnson, Fore Premier Properties
Last Updated: 6 months ago
Data Source: LERA, MLS# 1146603
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 1005 Pinnacle View Drive built and last sold?
The property at 1005 Pinnacle View Drive was built in 2018 and last sold on Jun 7, 2016 for $167,600.
How much is this home worth?
The estimated value of the home located at 1005 Pinnacle View Drive is $160,590.
What are some comparable homes to 1005 Pinnacle View Drive?
There are currently no comparable homes to 1005 Pinnacle View Drive.
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