$170,000
●
Land -
Off Market
1012 Cielo Springs Dr
Blanco, TX 78606
Studio
0 Bath
87,991 Ft²
$1,139
Est. Monthly
$33
HOA / Fees
About This Property
If you want to live near San Antonio or Austin but still live in
the Texas Hill Country, Cielo Springs is the place for you. As you
enter the gate you are on a hill and look right at the Texas Hill
Country. As the gate closes behind you, take a breath and enjoy the
quite, tranquil peace on your own 2 acres with 100s of oaks, elms,
walnuts, and Gum trees. The home site is already cleared and
ready for your dream. Water tap paid for and power is on the
property. Enjoy living in the little town of Blanco, Texas
where you get to know your neighbors and enjoy the town square.
Unit Size
87,991 Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$2
Property Type
Land
Property Taxes
$134
HOA Dues
$33
Year Built
-
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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 #1725620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2023 | Listed by All City Real Estate Ltd. Co | $197,749 | |
| Listed by All City Real Estate Ltd. Co | |||
| | |||
|
If you want to live near San Antonio or Austin but still live in the Texas Hill Country, Cielo Springs is the place for you. As you enter the gate you are on a hill and look right at the Texas Hill Country. As the gate closes behind you, take a breath and enjoy the quite, tranquil peace on your own 2 acres with 100s of oaks, elms, walnuts, and Gum trees. The home site is already cleared and ready for your dream. Water tap paid for and power is on the property. Enjoy living in the little town of Blanco, Texas where you have get to know your neighbors and enjoy the town square.
| |||
| Jun 25, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2015 | Listed by Fore Premier Properties | $54,900 | |
| Listed by Fore Premier Properties | |||
| | |||
|
A lovely subdivision in the middle of San Antonio and Austin. Only 45 minutes to an hour to either yet you are in the quaint little town of Blanco. Minutes from Vaaler Creek Golf Course or minutes from the Blanco State park where you can fish, swim or take a long walk along the Blanco River. City water and much more makes this a desirable subdivision to build you dream home.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Blanco
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Listed by: Sharon Herbert, All City San Antonio Registered Series
Last Updated: 6 months ago
Data Source: LERA, MLS# 1725620
Last Updated: 6 months ago
Data Source: LERA, MLS# 1725620
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