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Bandera 78003
105 BROAD OAK DRIVE
$49,900
● Land - Off Market

105 BROAD OAK DRIVE

Bandera, TX 78003
bedrooms
Studio
bathrooms
0 Bath
$98,446
RealtyHop Estimate
68.28%
Since Jul 1, 2006
National-US
Primary Model

About This Property

What everyone is looking for! Lot has all utilities, 1000 gallon septic, water well, and electric.  Well and septic installed in 2000. Two sheds, fencing for horses in front. Pad for large manufactured home, or build your own.  Beautiful views of surrounding area.
Unit Size
-
Days on Market
-
Land Size
4.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$53
HOA Dues
-
Year Built
-

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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 #584363)

Price History

Date / Event Date Event Price
Jun 16, 2006 Sold
Premium
Sold
Apr 5, 2006 Listed by Hometown Realty $58,500
Listed by Hometown Realty

Property Highlights

Building Info

Overview

    General

  • Effective Year Built: 1987
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 187,308
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 3
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BANDERA RANCH ACRES
  • Land Acres: 0000004300
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: BANDERA RANCH ACRES 1 LT 44 4.3 ACRES *GEO0215004* **NO LABELS**

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: SPC, SW
  • Census Tract: 000103

Geography

  • Account Number: 11501-00000-0440
  • Parcel: 154032
  • Lot: 44
  • Municipality: BANDERA
  • Latitude: 29.7499
  • Longitude: -99.018

    Address

  • Full Address: 105 Broad Oak Dr
  • Address - House Number: 105
  • Address - Street Name: Broad Oak
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bandera
  • Carrier Code: H007
  • 4-Digit Zip Code: 3775
  • Zip Code: 78003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $215,762
  • Tax Rate Code Area: B, BC, BS,

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 297,847
  • High Value: 373,804
  • Low Value: 221,891

    Market Valuation

  • Market Total Value: $273,950
  • Market Land Value: $195,040
  • Market Improvement Value: $78,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,950
  • Assessed Land Value: $195,040
  • Assessed Improvements Value: $78,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2006
  • Current Sale Recording Date: Jun 16, 2006
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 158544
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 Bandera

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$241

Below Asking

0.04%

Average Days on Market

92

Average Home Size

2241 ft²

Average Home Age

23.8 years

Currently For Sale

237 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: Katherine Miller, Hometown Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 584363
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 105 Broad Oak Drive built and last sold?
The property at 105 Broad Oak Drive was built in and last sold on Jun 16, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 105 Broad Oak Drive is $59,085.
What are some comparable homes to 105 Broad Oak Drive?
There are currently no comparable homes to 105 Broad Oak Drive.
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