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Canyon Lake 78070 Comal Hills
1091 Tee Pee Drive
$90,000
● Land - Off Market

1091 Tee Pee Drive

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
square feet
25,264 Ft²
$121,645
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

LOT IN A QUIANT NEIGHBORHOOD THAT IS READY FOR THE HOME. LOT IS A GREAT SIZE ON THE CORNER, WOODED AREA THAT HAS GREAT POTENTIAL. THIS LOT HAS OVER HALF AN ACRE WITH ALOT OF ROOM TO MAKE THE DREAM HOME. PICTURES DO NO JUSTICE OF WHAT YOU HAVE TO WORK WITH. GO SEE THE LOT.
Unit Size
25,264 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$5
Property Type
Land
Property Taxes
$39
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 #1583142)

Price History

Date / Event Date Event Price
Apr 18, 2022 Sold
Premium
Sold
Jan 24, 2022 Listed by Keller Williams City-View $120,000
Listed by Keller Williams City-View

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: COMAL HILLS 5
  • Land Acres: 0000000580
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: COMAL HILLS 5, BLOCK 1, LOT 26

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310610

Geography

  • Assessors Map Reference: 318-C3
  • Parcel: 18559
  • Block: 1
  • Lot: 26
  • Municipality: SPRING RANCH
  • Latitude: 29.9339
  • Longitude: -98.4097

    Address

  • Full Address: 1091 Tee Pee Dr
  • Address - House Number: 1091
  • Address - Street Name: Tee Pee
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H002
  • 4-Digit Zip Code: 4152
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $138,157
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: ES4

    Market Valuation

  • Market Total Value: $92,490
  • Market Land Value: $92,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,490
  • Assessed Land Value: $92,490

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19172
  • Previous Sale Recording Date: Jun 26, 2006
  • Previous Sale Contract Date: May 05, 2006
  • Previous Sale Amount: $8,800
  • Previous Sale Document Type: 70
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 Comal Hills

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1483 ft²

Average Home Age

9.6 years

Currently For Sale

7 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: Patty Monteza, Keller Williams City-View
Last Updated: 6 months ago
Data Source: LERA, MLS# 1583142
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 1091 Tee Pee Drive built and last sold?
The property at 1091 Tee Pee Drive was built in and last sold on Apr 21, 2022 for $59,850.
How much is this home worth?
The estimated value of the home located at 1091 Tee Pee Drive is $121,200.
What are some comparable homes to 1091 Tee Pee Drive?
There are currently no comparable homes to 1091 Tee Pee Drive.
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