157 Park Road
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Barnett Realty Group, LLC | $415,000 | |
| Listed by Barnett Realty Group, LLC | |||
| Jul 9, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 14, 2026 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 28, 2026 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Keller Williams Kerrville Farm & Ranch | $450,000 | |
| Listed by Keller Williams Kerrville Farm & Ranch | |||
| |||
|
Just Announced! $5,000.00 Seller Concessions at Closing toward Buyers closing cost, updates, and enhancements with accepted offer. Enjoy relaxed and peaceful Texas Hill Country living in this well-maintained home located in Bandera River Ranch, an established and highly desirable rural subdivision located a few miles east of Bandera. This immaculate home is sure to excite you with a "like new" appearance incorporating attractive interior finishes and refurbishments such as new paint, new light fixtures, new door hardware, new commodes, and upscale appliances and countertops. An open floor plan provides a great sense of spaciousness with inviting visuals throughout the entire entry, kitchen, great room, and dining room areas. The bright and elegant island kitchen is a wonderful place to begin the day. Other features such as split bedrooms, generous master bedroom and bath suite with Jacuzzi Garden Tub and separate shower, high ceilings, and a large great room with wood burning fireplace provide for a very appealing lifestyle. This remarkable property is further enhanced by a large, covered patio that overlooks a spacious back yard shaded by beautiful heritage live oak trees A special place indeed to entertain family and friends, to witness magnificent sun sets, and to experience the peace and quiet of the countryside.
| |||
| Nov 12, 2021 | No longer available | - | |
| No longer available | |||
| Oct 15, 2021 | Listed by REAL Broker, LLC | $400,000 | |
| Listed by REAL Broker, LLC | |||
| | |||
|
Relax, garden and enjoy the beautiful serene sunsets that the Texas Hill Country has to offer! Entertain on a oversized back patio with a gorgeous view surrounded by mature oak trees on a half acre lot. Greeted into the home with an open floor plan, soaring ceilings and a rock fireplace all while having your own oasis in the oversized master bedroom featuring a garden tub and separate shower. The manager has listed the unit size as 1935 square feet.
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| Apr 19, 2019 | No longer available | - | |
| No longer available | |||
| Mar 7, 2019 | Listed | $279,900 | |
| Listed | |||
| | |||
|
Beautiful hill country sunsets from your massive back porch in this 3/2 home on .5 acre. BBQ, fish or take a dip at the swimming hole on the Medina River just minutes from your home. Brand new quartz countertops throughout and gorgeous glass tile backsplash in kitchen. Great open floor plan perfect for entertaining all on one level with a split master bedroom separate from guest bedrooms. Lots of privacy, huge mature oak trees, and a large park across the street. Shed and playground convey. The manager has listed the unit size as 1935 square feet.
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| Aug 19, 2015 | Sold | ||
| Sold | |||
| Mar 10, 2015 | Listed by RE/MAX North-San Antonio | $249,900 | |
| Listed by RE/MAX North-San Antonio | |||
| | |||
|
Own a piece of Texas Hill Country and relax with gentle breezes on your 37' back patio overlooking the hills and mature oak trees. Beautiful, move in ready w/open, split floorplan. Country feel w/ modern accents. Soaring ceilings and rock fireplace as you enter. Spacious kitchen w/ island, cabinets and counterspace galore, stainless steel appliances and breakfast area. Separate dining room can be used as office. Oversized master bedroom features a masterbath with garden tub and separate shower. Must see!
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| Apr 14, 2011 | Sold | ||
| Sold | |||
| Jan 20, 2011 | Listed by Gail Stone Realty | $225,000 | |
| Listed by Gail Stone Realty | |||
| | |||
|
Owners have transformed their 2004 home into a tastefully decorated retreat. The open plan is efficient and elegant with a central kitchen with island workspace and room to add a bistro table & desk. The living room has high ceilings and a rock fireplace. The split master features a master bath with double vanity, garden tub and separate shower. There is a 37' covered porch, barbeque pad and fenced backyard with mature oaks. BRR owners have access to the Medina River, community pool and tennis courts.
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| May 26, 2006 | Sold | ||
| Sold | |||
| Feb 2, 2006 | Listed by Texas Rose Realty | $185,000 | |
| Listed by Texas Rose Realty | |||
| | |||
|
This home is a Tilson Home but has many upgrades,rock on 3 sides, marble floors in baths, wired for surround sound. Tile thru out except for bedrooms.
| |||
Property Highlights
Building Info
Overview
- Year Built: 2004
- Effective Year Built: 2004
- Bedroom Count: 0
- Building Condition: 0
- Building Quality: 0
- Construction Type: 0
- Building Style: 0
- Exterior Walls Type: 11
- Interior Walls Type: 0
- Roof Shape Type: 8
- Roof Cover Type: 3
- Floor Count: 100
- Floor Cover: 0
- Basement Type: 0
- Basement Area: 0
- Parking Type: 6
- Garage Type: 1
- Garage Square Area: 484
- Parking Space Count: 2
- Patio Type: 0
- Porch Type: 7
- Pool Type: 0
General
- Lot Size Square Feet: 21,780
- Total Building Area: 1,935
- Building Area: 1,935
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 1
- Heating: 3
- Heated Square Feet: 1,935
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: BANDERA RIVER RANCH
- Land Acres: 0000000500
- Standard Land Use Code: 1001
- County Land Use Code: A1
- Legal Description 1: BANDERA RIVER RANCH 6 BLK 11 LT 21 0.5 ACRES
Neighborhood
- School District Name: Bandera Independent School District
- School Tax School District: SPC, SW
- Census Tract: 000101
Geography
- Account Number: 11706-00011-0210
- Parcel: 167725
- Block: 11
- Lot: 21
- Municipality: BANDERA
- Latitude: 29.7301
- Longitude: -99.0157
- Full Address: 157 Park Rd
- Address - House Number: 157
- Address - Street Name: Park
- Address - Suffix Type: Rd
- State: TX
- City Name: Bandera
- Carrier Code: H002
- 4-Digit Zip Code: 4009
- Zip Code: 78003
Address
Valuation
- Tax Year: 2023
- Tax Amount: $430,723
- Tax Rate Code Area: B, BC, BS,
Tax
- Standard Deviation: 0.4206
- Valuation Date: Dec 06, 2023
- Confidence Score: 15
- Final Value: 313,872
- High Value: 445,890
- Low Value: 181,853
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
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Open Liens
- Market Total Value: $418,750
- Market Land Value: $47,120
- Market Improvement Value: $371,630
Market Valuation
- Assessed Year: 2023
- Assessed Total Value: $418,750
- Assessed Land Value: $47,120
- Assessed Improvements Value: $371,630
Assessments Valuation
- Veteran Exemption: Yes
- Disabled Exemption: Yes
- Homeowner Exemption: Yes
Exemptions
- Current Sale Contract Date: Dec 15, 2021
- Current Sale Recording Date: Dec 17, 2021
- Current Sale Price:
- Current Sale Document Type: 27
- Current Sale Input Document Number: 249339
- Previous Sale Recording Date: May 22, 2019
- Previous Sale Contract Date: May 20, 2019
- Previous Sale Amount: $277,000
- Previous Sale Document Type: 70
Sales
- First Mortgage Lender:
- First Mortgage Transaction Date:
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- First Mortgage Terms:
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- First Mortgage Loan Due Date:
Last Sale Mortgage
157 Park Road
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Comparables
Status
Price/ft²
Listed On
Sold On
About Bandera
Stats & Trends
Median Asking:
$425,000Sale Price/ft²
$241Below Asking
0.04%Average Days on Market
92Average Home Size
2271 ft²Average Home Age
24.1 yearsCurrently For Sale
240 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 2 months ago
Data Source: LERA, MLS# 2001643
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017