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Comal 78070 Mystic Shores
1150 Split Ridge
$65,000
● Land - Off Market

1150 Split Ridge

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$86,157
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Beautiful hill country views from this quiet secluded 3.34 acre property with gorgeous oak trees. This unique lot offers the destination for your new dream home. Located in the highly desired neighborhood of Mystic Shores with amenities including two community pools, lakeside park, sports courts, community boat ramp, community boat & RV parking, and beautiful nature preserve.
Unit Size
-
Days on Market
-
Land Size
3.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$76
HOA Dues
$31
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: 5 months ago (LERA #1488682)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 10, 2020 Listed by Keller Williams Hill Country $65,000
Listed by Keller Williams Hill Country

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: 145,490
  • 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: MYSTIC SHORES 18
  • Land Acres: 0000003340
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: MYSTIC SHORES 18, LOT 2036

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310603

Geography

  • Parcel: 144822
  • Lot: 2036
  • Municipality: SPRING BRANCH
  • Latitude: 29.9726
  • Longitude: -98.3327

    Address

  • Full Address: 1150 Split Ridge Dr
  • Address - House Number: 1150
  • Address - Street Name: Split Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H007
  • 4-Digit Zip Code: 5042
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $214,907
  • Tax Rate Code Area: ES4

    Market Valuation

  • Market Total Value: $143,871
  • Market Land Value: $143,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,871
  • Assessed Land Value: $143,871

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202006053963
  • Previous Sale Recording Date: Sep 14, 2017
  • Previous Sale Contract Date: Sep 13, 2017
  • 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:

$519,950

Sale Price/ft²

$244

Below Asking

0.04%

Average Days on Market

95

Average Home Size

3195 ft²

Average Home Age

9.7 years

Currently For Sale

87 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: Kimberly Gray, Keller Williams Hill Country
Last Updated: 5 months ago
Data Source: LERA, MLS# 1488682
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 1150 Split Ridge Drive built and last sold?
The property at 1150 Split Ridge Drive was built in and last sold on Nov 30, 2020 for $43,800.
How much is this home worth?
The estimated value of the home located at 1150 Split Ridge Drive is $65,650.
What are some comparable homes to 1150 Split Ridge Drive?
There are currently no comparable homes to 1150 Split Ridge Drive.
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