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Comal 78006 Silver Hills
1608 PARK DR
$130,000
● House - Off Market

1608 PARK DR

Boerne, TX 78006
bedrooms
3 Beds
bathrooms
2 Baths
$279,609
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

COUNTRY LIVING W/EASY ACCESS TO IH10 & 1604. PLANTATION SHUTTERS, FULLY FENCED YARD, OPEN FLOORPLAN. LARGE COVERED PATIO. DETACHED STORAGE. PRIVATE PARK IN SUBDIVISION. * PRIVACY W/ COUNTRY VIEW. * APPOINTMENT REQUIRED. FOR MORE INFO CONTACT ED 410-6340.
Unit Size
-
Days on Market
-
Land Size
0.81 acres
Price per sqft
-
Property Type
House
Property Taxes
$218
HOA Dues
$2
Year Built
1991

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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 #482480)

Price History

Date / Event Date Event Price
Apr 4, 2004 Sold
Premium
Sold
Mar 16, 2004 Listed by All Stars $133,500
Listed by All Stars

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,378
  • Lot Size Depth Feet: 2,660
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 1,650
  • Gross Building Area: 1,770
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER HILLS 1
  • Land Acres: 0000000812
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SILVER HILLS 1, LOT 86

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310706

Geography

  • Assessors Map Reference: 88-F2
  • Parcel: 57235
  • Lot: 86
  • Municipality: BULVERDE
  • Latitude: 29.7811
  • Longitude: -98.5856

    Address

  • Full Address: 1608 Park Dr
  • Address - House Number: 1608
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Boerne
  • Carrier Code: H075
  • 4-Digit Zip Code: 5803
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,300
  • Tax Rate Code Area: ES5

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 370,848
  • High Value: 442,524
  • Low Value: 299,172

    Market Valuation

  • Market Total Value: $306,690
  • Market Land Value: $87,420
  • Market Improvement Value: $219,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,152

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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 Silver Hills

Stats & Trends

Median Asking:

$503,990

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2504 ft²

Average Home Age

36 years

Currently For Sale

2 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

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LERA

Listed by: Edward Courtney, All Stars
Last Updated: 5 months ago
Data Source: LERA, MLS# 482480
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 1608 Park Drive built and last sold?
The property at 1608 Park Drive was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1608 Park Drive is $134,835.
What are some comparable homes to 1608 Park Drive?
There are currently no comparable homes to 1608 Park Drive.
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