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Helotes 78023 Helotes
12023 DROUGHT PASS
$127,000
● House - Off Market

12023 DROUGHT PASS

Helotes, TX 78023
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,827 Ft²
$259,975
RealtyHop Estimate
94.01%
Since Jan 1, 2005
National-US
Primary Model

About This Property

CHARMING! FROM THE NATIVE STONE EXTERIOR THROUGH THE DRAMATIC ENTRY WITH ART NICHE AND ON THROUGH THE OPEN & INVITING LIVING AREA! BREAKFAST ROOM N ESTLES IN BAY WINDOW! 9' CEILINGS THROUGHOUT! LIKE NEW CONDITION! SERENE COUNTRY SETTING! BACKS TO  PASTURE  FOR EXCEPTIONAL PRIVACY! HELOTES FOR LOW CITY TAXES & EXCELLENT CITY SERVICES! EM:STEWART, ROY S.
Unit Size
1,827 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
House
Property Taxes
$301
HOA Dues
$75
Year Built
1999

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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 #499223)

Price History

Date / Event Date Event Price
Dec 3, 2004 Sold
Premium
Sold
Jul 14, 2004 Listed by RE/MAX North-San Antonio $134,000
Listed by RE/MAX North-San Antonio

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 411
  • Parking Space Count: 2
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 2,238
  • Gross Building Area: 2,238
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 4478B BLK 13 LOT 77 HELOTES CROSSING UT-3 PUD

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 181724

Geography

  • Assessors Map Reference: 546E2
  • Subdivision Tract Number: 77
  • Parcel: 04478-213-0770
  • Block: 13
  • Lot: 77
  • Municipality: HELOTES
  • Latitude: 29.5564
  • Longitude: -98.6783

    Address

  • Full Address: 12023 Drought Pass
  • Address - House Number: 12023
  • Address - Street Name: Drought
  • Address - Suffix Type: Pass
  • State: TX
  • City Name: Helotes
  • Carrier Code: R012
  • 4-Digit Zip Code: 4449
  • Zip Code: 78023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $637,775
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 323,925
  • High Value: 380,142
  • Low Value: 267,708

    Market Valuation

  • Market Total Value: $308,620
  • Market Land Value: $55,900
  • Market Improvement Value: $252,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,620
  • Assessed Land Value: $55,900
  • Assessed Improvements Value: $252,720

    Sales

  • Current Sale Contract Date: Nov 29, 2004
  • Current Sale Recording Date: Dec 08, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Previous Sale Recording Date: Jan 13, 2003
  • Previous Sale Contract Date: Jan 10, 2003
  • Previous Sale Amount: $125,700
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Northwest Side

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2403 ft²

Average Home Age

24.9 years

Currently For Sale

1624 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

Click here to view more rentals in the neighborhood.
LERA

Listed by: Stevie Seitz, RE/MAX North-San Antonio
Last Updated: 6 months ago
Data Source: LERA, MLS# 499223
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 12023 Drought Pass built and last sold?
The property at 12023 Drought Pass was built in 1999 and last sold on Nov 29, 2004 for $127,000.
How much is this home worth?
The estimated value of the home located at 12023 Drought Pass is $144,798.
What are some comparable homes to 12023 Drought Pass?
There are currently no comparable homes to 12023 Drought Pass.
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