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Comal 78070 Mystic Shores
129 Peppergrass Dr
$37,525
● Land - Off Market

129 Peppergrass Dr

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$64,235
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

Lender owned, all offers must be accompanied by proof of funds/ pre approval letter. EM must be certified funds/money order.  All docs in assoc docs must be completed & returned signed w/all offers (NO BLANKS). Seller exempt from disclosure; Sq Footage (+/-) Per App Dist - all measurements are approx & buyers should verify measurements & other data by other means.
Unit Size
-
Days on Market
-
Land Size
3.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
$22
Year Built
2019

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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 #840424)

Price History

Date / Event Date Event Price
Aug 11, 2010 Sold
Premium
Sold
Jun 2, 2010 Listed by American REO $29,900
Listed by American REO

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 935
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 136,778
  • Total Building Area: 3,619
  • Gross Building Area: 4,033
  • Building Area: 2,684
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,684
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MYSTIC SHORES 12
  • Land Acres: 0000003140
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MYSTIC SHORES 12, LOT 1516

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS ZZZ
  • Census Tract: 310603

Geography

  • Parcel: 138278
  • Lot: 1516
  • Municipality: SPRING BRANCH
  • Latitude: 29.9638
  • Longitude: -98.3276

    Address

  • Full Address: 129 Peppergrass Dr
  • Address - House Number: 129
  • Address - Street Name: Peppergrass
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H007
  • 4-Digit Zip Code: 5070
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $960,995
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 746,811
  • High Value: 924,628
  • Low Value: 568,995

    Market Valuation

  • Market Total Value: $844,520
  • Market Land Value: $179,690
  • Market Improvement Value: $664,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $643,345

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2011
  • Current Sale Recording Date: Feb 16, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201106005836
  • Previous Sale Recording Date: Aug 14, 2010
  • Previous Sale Contract Date: Aug 11, 2010
  • Previous Sale Document Type: 68
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 West Canyon Lake

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$244

Below Asking

0.04%

Average Days on Market

95

Average Home Size

3177 ft²

Average Home Age

9.7 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 1848 Tanglewood Trl, Spring Branch, TX, 78070

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,773 ft²
1848 Tanglewood Trl, Spring Branch, TX, 78070 Listing by Dustin Tucker

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Stephanie Ramirez, American REO
Last Updated: 4 months ago
Data Source: LERA, MLS# 840424
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 129 Peppergrass Drive built and last sold?
The property at 129 Peppergrass Drive was built in 2019 and last sold on Feb 11, 2011 for $60,500.
How much is this home worth?
The estimated value of the home located at 129 Peppergrass Drive is $30,199.
What are some comparable homes to 129 Peppergrass Drive?
There are currently no comparable homes to 129 Peppergrass Drive.
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