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Schertz 78154
1509 Red Cedar Cove
$328,000
● House - Off Market

1509 Red Cedar Cove

Schertz, TX 78154
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,569 Ft²
$472,081
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Gorgeous home with mature trees in the desirable front part of Greenshire Subdivision. Lots of room for kids to play in upstairs loft along with larger than normal bedrooms. Downstairs Owners suite's bathroom has Spa like shower to wash the daily stress away. Serene backyard to relax in with a cedar deck that can be used as an entertaining area or a hot tub pad. HEB Plus grocery store is just down the road. It's also within minutes of Randolph AFB. Schedule you'r showing today.
Unit Size
3,569 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$91
Property Type
House
Property Taxes
$672
HOA Dues
$13
Year Built
1997

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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 #1426508)

Price History

Date / Event Date Event Price
Jan 28, 2020 Sold
Premium
Sold
Nov 30, 2019 Listed by Coldwell Banker D'Ann Harper $324,000
Listed by Coldwell Banker D'Ann Harper

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 4
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 3,968
  • Gross Building Area: 3,998
  • Building Area: 3,569
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,569
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENSHIRE #3
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 20 BLK: 3 ADDN: GREENSHIRE #3 LN#0974409

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210712

Geography

  • Parcel: 1G1243-3003-02000-0-00
  • Block: 3
  • Lot: 20
  • Municipality: SCHERTZ
  • Latitude: 29.5841
  • Longitude: -98.2598

    Address

  • Full Address: 1509 Red Cedar Cv
  • Address - House Number: 1509
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Cv
  • State: TX
  • City Name: Schertz
  • Carrier Code: C009
  • 4-Digit Zip Code: 3714
  • Zip Code: 78154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $802,336
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 395,025
  • High Value: 474,768
  • Low Value: 315,282

    Market Valuation

  • Market Total Value: $489,087
  • Market Land Value: $64,948
  • Market Improvement Value: $424,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,560
  • Assessed Land Value: $64,948
  • Assessed Improvements Value: $424,139

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202099002613
  • Previous Sale Recording Date: May 16, 2018
  • Previous Sale Contract Date: May 14, 2018
  • Previous Sale Amount: $288,800
  • 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 Schertz

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2319 ft²

Average Home Age

17.4 years

Currently For Sale

328 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 100 Howard Dr, Schertz, TX, 78154

$2,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,476 ft²
100 Howard Dr, Schertz, TX, 78154 Listing by Annie Slaats

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Jason Payne, Coldwell Banker D'Ann Harper
Last Updated: 5 months ago
Data Source: LERA, MLS# 1426508
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 1509 Red Cedar Cove built and last sold?
The property at 1509 Red Cedar Cove was built in 1997 and last sold on Jan 28, 2020 for $332,700.
How much is this home worth?
The estimated value of the home located at 1509 Red Cedar Cove is $342,261.
What are some comparable homes to 1509 Red Cedar Cove?
There are currently no comparable homes to 1509 Red Cedar Cove.
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