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Blanco 78606
120 Las Nueves Dr
$210,000
● Land - Off Market

120 Las Nueves Dr

Blanco, TX 78606
bedrooms
Studio
bathrooms
0 Bath
$211,635
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Beautiful 2.12 Acre, treed lot located on a private dead end street.  This awesome lot sits between 2 beautiful homes that are approximately 2 acre lots also.  Cielo Springs is a gated community located approx 2 miles south of the city of Blanco TX.  Appox an hour from Austin or San Antonio.  These beautiful lots are selling fast so don't hesitate to see this beauty.  Reasonable building restrictions apply.  No mobile or manufactured homes.
Unit Size
-
Days on Market
-
Land Size
2.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
$33
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 #1596818)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Apr 2, 2022 Listed by Keller Williams Heritage $210,000
Listed by Keller Williams Heritage

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: 92,347
  • Lot Size Frontage Feet: 0
  • 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: CIELO SPRINGS
  • Land Acres: 0000002120
  • Standard Land Use Code: 8000
  • County Land Use Code: C3
  • Legal Description 1: CIELO SPRINGS , BLK 03 , LOT 10 , ACRES 2.12

Neighborhood

  • School District Name: Blanco Independent School District
  • Census Tract: 950202

Geography

  • Account Number: 88100985303010
  • Parcel: R19150
  • Block: 3
  • Lot: 10
  • Municipality: BLANCO
  • Latitude: 30.0745
  • Longitude: -98.4313

    Address

  • Full Address: 120 Las Nueves Dr
  • Address - House Number: 120
  • Address - Street Name: Las Nueves
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Blanco
  • Carrier Code: H005
  • 4-Digit Zip Code: 5839
  • Zip Code: 78606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $230,079
  • Tax Rate Code Area: FBL GBL GW

    Market Valuation

  • Market Total Value: $180,200
  • Market Land Value: $180,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,200
  • Assessed Land Value: $180,200

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2421
  • Previous Sale Recording Date: Aug 29, 2005
  • Previous Sale Contract Date: Aug 17, 2005
  • 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 Blanco

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$269

Below Asking

0.03%

Average Days on Market

109

Average Home Size

2387 ft²

Average Home Age

17.9 years

Currently For Sale

193 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 380 Blanco Avenue, TX, 78606

$730 /mo

  • 1 Bed
  • 1 Bath
380 Blanco Avenue, TX, 78606 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Joseph Nastasi, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1596818
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 120 Las Nueves Drive built and last sold?
The property at 120 Las Nueves Drive was built in and last sold on Apr 29, 2022 for $209,475.
How much is this home worth?
The estimated value of the home located at 120 Las Nueves Drive is $212,100.
What are some comparable homes to 120 Las Nueves Drive?
There are currently no comparable homes to 120 Las Nueves Drive.
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