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Lakehills 78063
1258 RIVER TRAIL RD
$224,900
● Mobile Manufactured - Off Market

1258 RIVER TRAIL RD

Pipe Creek, TX 78063
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,860 Ft²
$387,433
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Country living at its best. 3-2 1/2 on 8 acres with multi-level deck. Replace in 2015 Carpet & Vinyl and HVAC, Replaced in 2014  metal roof, stove, refrigerator, washer & dryer and  water heater. Has separate Greenhouse, garden, 16x24 workshop, 10x12 storage building. Has RV site for family & friends with separate electric, water and septic. Medina River access via park and private airport 1 mile up road.
Unit Size
1,860 Ft²
Days on Market
-
Land Size
8.00 acres
Price per sqft
$121
Property Type
Mobile Manufactured
Property Taxes
$176
HOA Dues
-
Year Built
2014

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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 #1136172)

Price History

Date / Event Date Event Price
Apr 16, 2016 Sold
Premium
Sold
Sep 1, 2015 Listed by Keller Williams Boerne $224,900
Listed by Keller Williams Boerne

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 348,480
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: MEDINA RIVER RANCH
  • Land Acres: 0000008000
  • Standard Land Use Code: 7013
  • County Land Use Code: E3
  • Legal Description 1: MEDINA RIVER RANCH LT 103 8 ACRES *TEX0498622/23*

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: SPC, SW
  • Census Tract: 000301

Geography

  • Account Number: 15200-00000-1030
  • Subdivision Tract Number: 103
  • Parcel: 169035
  • Lot: 103
  • Municipality: PIPE CREEK
  • Latitude: 29.659
  • Longitude: -98.9713

    Address

  • Full Address: 1258 River Trail Rd
  • Address - House Number: 1258
  • Address - Street Name: River Trail
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Pipe Creek
  • Carrier Code: H001
  • 4-Digit Zip Code: 5960
  • Zip Code: 78063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $255,532
  • Tax Rate Code Area: BC, BS, CA

    Market Valuation

  • Market Total Value: $411,510
  • Market Land Value: $297,400
  • Market Improvement Value: $114,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,510
  • Assessed Land Value: $297,400
  • Assessed Improvements Value: $114,110

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2016
  • Current Sale Recording Date: Apr 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 213617
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 Lakehills

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$217

Below Asking

0.06%

Average Days on Market

125

Average Home Size

2356 ft²

Average Home Age

30.6 years

Currently For Sale

88 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 241 Brushy Creek Trail, Bandera, TX, 78003

$1,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
241 Brushy Creek Trail, Bandera, TX, 78003 Listing by Ilda Kocmick

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Carol Woodward, Keller Williams Boerne
Last Updated: 5 months ago
Data Source: LERA, MLS# 1136172
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 1258 River Trail Road built and last sold?
The property at 1258 River Trail Road was built in 2014 and last sold on Apr 15, 2016 for $220,200.
How much is this home worth?
The estimated value of the home located at 1258 River Trail Road is $234,542.
What are some comparable homes to 1258 River Trail Road?
There are currently no comparable homes to 1258 River Trail Road.
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