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Canyon Lake 78070
116 Raccoon Pass
$50,000
● Land - Off Market

116 Raccoon Pass

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
square feet
30 Ft²
$68,958
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This corner Lot is ready for you to build in Rebecca Creek 3 in Comal County. This lot is located in Comal county and in the Comal school district. This lot is away from the city traffic. This property is priced to sell and make this your future investment or site to build your next home.
Unit Size
30 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$2,167
Property Type
Land
Property Taxes
$75
HOA Dues
$5
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: 4 months ago (LERA #1654387)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Dec 4, 2022 Listed by eXp Realty $65,000
Listed by eXp Realty

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: 16,300
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 1,000
  • 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: REBECCA CREEK PARK THIRD FILING
  • Land Acres: 0000000374
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: REBECCA CREEK PARK THIRD FILING, BLOCK 41, LOT 2

Neighborhood

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

Geography

  • Parcel: 47289
  • Block: 41
  • Lot: 2
  • Municipality: SPRING RANCH
  • Latitude: 29.9038
  • Longitude: -98.3526

    Address

  • Full Address: 116 Raccoon Pass
  • Address - House Number: 116
  • Address - Street Name: Raccoon
  • Address - Suffix Type: Pass
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H001
  • 4-Digit Zip Code: 6919
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $83,426
  • Tax Rate Code Area: ES4

    Market Valuation

  • Market Total Value: $55,850
  • Market Land Value: $55,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,850
  • Assessed Land Value: $55,850

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 52607
  • Previous Sale Recording Date: Aug 31, 2010
  • Previous Sale Contract Date: Aug 27, 2010
  • 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 Canyon Lake

Stats & Trends

Median Asking:

$477,000

Sale Price/ft²

$237

Below Asking

0.04%

Average Days on Market

99

Average Home Size

2344 ft²

Average Home Age

18.7 years

Currently For Sale

638 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

Rentals Near You

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LERA

Listed by: Karen Richards, eXp Realty
Last Updated: 4 months ago
Data Source: LERA, MLS# 1654387
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 116 Raccoon Pass built and last sold?
The property at 116 Raccoon Pass was built in and last sold on Dec 21, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 116 Raccoon Pass is $65,650.
What are some comparable homes to 116 Raccoon Pass?
There are currently no comparable homes to 116 Raccoon Pass.
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