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Comal 78132
1271 Edwards Blvd
$245,000
● Land - Off Market

1271 Edwards Blvd

New Braunfels, TX 78132
bedrooms
Studio
bathrooms
0 Bath
$755,258
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

This lot is a most see, with its panoramic hill country and Guadalupe River views. Just under an acre and sits out of the flood plain. Nicely secluded and surrounded by mature trees and dramatic cliffs that frame the riverfront. It also features waterfront access by the outdoor elevator that scales down the cliffside to the banks of the river. This prime location has instant access to Gruene and New Braunfels.
Unit Size
-
Days on Market
-
Land Size
0.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
$265
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #856855)

Price History

Date / Event Date Event Price
Sep 28, 2012 Sold
Premium
Sold
Sep 3, 2010 Listed by Keller Williams New Braunfels $350,000
Listed by Keller Williams New Braunfels

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 66
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 33,402
  • Lot Size Depth Feet: 3,340
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,488
  • Gross Building Area: 4,244
  • Building Area: 3,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 3,488
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PREISS HEIGHTS
  • Land Acres: 0000000767
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: PREISS HEIGHTS, BLOCK 7, LOT 5

Neighborhood

  • School District Name: New Braunfels Independent School District
  • School Tax School District: FLC SNBI ZZZ
  • Census Tract: 310901

Geography

  • Parcel: 44991
  • Block: 7
  • Lot: 5
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.7437
  • Longitude: -98.1161

    Address

  • Full Address: 1271 Edwards Blvd
  • Address - House Number: 1271
  • Address - Street Name: Edwards
  • Address - Suffix Type: Blvd
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R014
  • 4-Digit Zip Code: 4054
  • Zip Code: 78132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,103,575
  • Tax Rate Code Area: NBI

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 870,631
  • High Value: 1,038,903
  • Low Value: 702,359

    Market Valuation

  • Market Total Value: $1,019,170
  • Market Land Value: $347,090
  • Market Improvement Value: $672,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $805,855

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201706033800
  • Previous Sale Recording Date: Oct 01, 2012
  • Previous Sale Contract Date: Sep 28, 2012
  • Previous Sale Amount: $306,300
  • Previous Sale Document Type: 70
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 Comal

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$214

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2429 ft²

Average Home Age

16.4 years

Currently For Sale

1847 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 101 Glenbrook Dr E, TX, 78130

$1,365 /mo

  • 2 Beds
  • 1 Bath
101 Glenbrook Dr E, TX, 78130 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Stephen Croan, Keller Williams New Braunfels
Last Updated: 5 months ago
Data Source: LERA, MLS# 856855
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 1271 Edwards Boulevard built and last sold?
The property at 1271 Edwards Boulevard was built in 2018 and last sold on Jul 10, 2017 for $1,017,900.
How much is this home worth?
The estimated value of the home located at 1271 Edwards Boulevard is $353,500.
What are some comparable homes to 1271 Edwards Boulevard?
There are currently no comparable homes to 1271 Edwards Boulevard.
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