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Kendall 78006 Cordillera Ranch
1508 Canyon Point
$200,000
● Land - Off Market

1508 Canyon Point

Boerne, TX 78006
bedrooms
Studio
bathrooms
0 Bath
$424,366
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

This lot is located on 3.22 acres of Hill Country beauty.  Bordering Spring Creek, this lot also has prime access to one of the many creeks within Cordillera Ranch.  It is partially cleared with mature trees and various options for building the home of your dreams, making this lot a great option. It's located within the gates of Cordillera Ranch also allows for quick access to the many neighborhood amenities: nature trails, private parks, Guadalupe River access and The Clubs of Cordillera Ranch.
Unit Size
-
Days on Market
-
Land Size
3.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$153
HOA Dues
$135
Year Built
2018

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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 #1167262)

Price History

Date / Event Date Event Price
Jun 17, 2016 Sold
Premium
Sold
Mar 18, 2016 Listed by San Antonio Portfolio KW RE $250,000
Listed by San Antonio Portfolio KW RE

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 738
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 140,263
  • Total Building Area: 5,744
  • Gross Building Area: 6,030
  • Building Area: 5,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,006
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORDILLERA RANCH
  • Land Acres: 0000003220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CORDILLERA RANCH UNIT 9 BLK B LOT 2, 3.22 ACRES UNIT 9

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970403

Geography

  • Assessors Map Reference: 1-5148-90020020
  • Subdivision Tract Number: S151481
  • Parcel: 43253
  • Block: B
  • Lot: 2
  • Municipality: BOERNE
  • Latitude: 29.8608
  • Longitude: -98.6318

    Address

  • Full Address: 1508 Canyon Pt
  • Address - House Number: 1508
  • Address - Street Name: Canyon
  • Address - Suffix Type: Pt
  • State: TX
  • City Name: Boerne
  • Carrier Code: H017
  • 4-Digit Zip Code: 6043
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,698,736
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 72
  • Final Value: 1,684,916
  • High Value: 2,027,732
  • Low Value: 1,342,100

    Market Valuation

  • Market Total Value: $1,436,500
  • Market Land Value: $254,790
  • Market Improvement Value: $1,181,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,189,212

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2016
  • Current Sale Recording Date: Jun 17, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 302828
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 Cordillera Ranch

Stats & Trends

Median Asking:

$1,945,000

Sale Price/ft²

$429

Below Asking

0.02%

Average Days on Market

105

Average Home Size

5618 ft²

Average Home Age

15.1 years

Currently For Sale

39 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

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LERA

Listed by: Debra Janes, San Antonio Portfolio KW RE
Last Updated: 5 months ago
Data Source: LERA, MLS# 1167262
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 1508 Canyon Point built and last sold?
The property at 1508 Canyon Point was built in 2018 and last sold on Jun 15, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 1508 Canyon Point is $252,500.
What are some comparable homes to 1508 Canyon Point?
There are currently no comparable homes to 1508 Canyon Point.
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