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Canyon Lake 78070 Cypress Cove
143 GRANITE RD
$40,000
● Land - Off Market

143 GRANITE RD

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$45,349
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This is a great lot to build your home on or build an investment property.  SHORT TERM RENTALS ARE ALLOWED!  There are gorgeous mature trees and this lot is only minutes from Canyon Lake.  With a plethora of neighborhood amenities at your fingertips, you can enjoy your summer evenings at the nearby fishing pond and camping grounds, walking trails/nature areas, tennis courts and swimming pool. Quick access to Hwy 281, shopping and restaurants nearby.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$56
HOA Dues
$8
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 #1678461)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Apr 6, 2023 Listed by Keller Williams Heritage $45,000
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: 8,662
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 610
  • 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: CYPRESS COVE SECTION 9
  • Land Acres: 0000000199
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: CYPRESS COVE SECTION 9, LOT 599

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310609

Geography

  • Assessors Map Reference: 319-F2
  • Parcel: 21284
  • Lot: 599
  • Municipality: SPRING RANCH
  • Latitude: 29.9384
  • Longitude: -98.3399

    Address

  • Full Address: 143 Granite Rd
  • Address - House Number: 143
  • Address - Street Name: Granite
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H005
  • 4-Digit Zip Code: 5211
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $74,090
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: ES4

    Market Valuation

  • Market Total Value: $49,600
  • Market Land Value: $49,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,600
  • Assessed Land Value: $49,600

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21827
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:

$572,450

Sale Price/ft²

$247

Below Asking

0.05%

Average Days on Market

98

Average Home Size

3182 ft²

Average Home Age

10.1 years

Currently For Sale

84 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: Angela Row, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1678461
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 143 Granite Road built and last sold?
The property at 143 Granite Road was built in and last sold on May 22, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 143 Granite Road is $45,450.
What are some comparable homes to 143 Granite Road?
There are currently no comparable homes to 143 Granite Road.
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