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Canyon Lake 78070 Cypress Cove
1125 Cedar Grove Trail
$17,000
● Land - Off Market

1125 Cedar Grove Trail

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$26,201
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

WOW! Hill Country lot for sale! A gorgeous lot, quiet street, with lots of trees. Build your dream home, vacation place, Air BnB/VRBO, or buy it an hold until you are ready to build in this highly sought after area. This neighborhood has boat ramp, park, river, and POOL!  This lot is listed at a great price and will go fast!  Two lots side by side are for sale, buy both and have twice as much space.  Don't wait to come out and look at this piece of heaven. #CanyonLake #BulverdeSpringBranch #CypressCove
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
HOA Dues
$2
Year Built
2020

Payment Calculator

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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: 5 months ago (LERA #1414092)

Price History

Date / Event Date Event Price
Nov 7, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by Keller Williams Hill Country $17,900
Listed by Keller Williams Hill Country

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,306
  • Gross Building Area: 1,450
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS COVE SECTION 2
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CYPRESS COVE SECTION 2, LOT 476

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310609

Geography

  • Assessors Map Reference: 319-F3
  • Parcel: 20624
  • Lot: 476
  • Municipality: SPRING RANCH
  • Latitude: 29.9351
  • Longitude: -98.3429

    Address

  • Full Address: 1125 Cedar Grove Trl
  • Address - House Number: 1125
  • Address - Street Name: Cedar Grove
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H005
  • 4-Digit Zip Code: 5303
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,662
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 319,112
  • High Value: 398,047
  • Low Value: 240,177

    Market Valuation

  • Market Total Value: $263,540
  • Market Land Value: $36,430
  • Market Improvement Value: $227,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,540
  • Assessed Land Value: $36,430
  • Assessed Improvements Value: $227,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202106005548
  • Previous Sale Recording Date: Jun 09, 2020
  • Previous Sale Contract Date: Jun 05, 2020
  • Previous Sale Amount: $209,000
  • 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 West Canyon Lake

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$247

Below Asking

0.05%

Average Days on Market

98

Average Home Size

3158 ft²

Average Home Age

9.6 years

Currently For Sale

78 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

Unit for rent at 1848 Tanglewood Trl, Spring Branch, TX, 78070

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,773 ft²
1848 Tanglewood Trl, Spring Branch, TX, 78070 Listing by Dustin Tucker

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Elisa Wilcox, Keller Williams Hill Country
Last Updated: 5 months ago
Data Source: LERA, MLS# 1414092
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 1125 Cedar Grove Trail built and last sold?
The property at 1125 Cedar Grove Trail was built in 2020 and last sold on Jan 28, 2021 for $244,800.
How much is this home worth?
The estimated value of the home located at 1125 Cedar Grove Trail is $18,079.
What are some comparable homes to 1125 Cedar Grove Trail?
There are currently no comparable homes to 1125 Cedar Grove Trail.
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