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Lakehills 78063
168 TURKEY DR
$15,000
● House - Off Market

168 TURKEY DR

Pipe Creek, TX 78063
bedrooms
1 Bed
bathrooms
1 Bath
square feet
966 Ft²
$34,454
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

THIS IS MORE OF A WEEKEND CABIN ,SOLD AS IS WHERE IS HOME IS LIVABLE ,DOES NEED LOTS OF WORK ,BACK YARD BACK UP TO COVE WITH DOCK DOES HAVE WATER WHEN LAKE IS FULL ,PROPERTY AND HOME WILL FLOOD ,PROPERTY SIT IN FLOOD AREA,BUYER WILL NEED TO CHECK WITH FEMA AND MEDINA LAKE FLOOD LINE.
Unit Size
966 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$21
Property Type
House
Property Taxes
$53
HOA Dues
-
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: 6 months ago (LERA #1155995)

Price History

Date / Event Date Event Price
Apr 14, 2016 Sold
Premium
Sold
Jan 15, 2016 Listed by Kerr Realty $20,000
Listed by Kerr Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,182
  • Total Building Area: 966
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 966
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALAMO BEACH
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ALAMO BEACH 2 LT 3 0.096 ACRES

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: SPC, SW
  • Census Tract: 000301

Geography

  • Account Number: 10102-00000-0030
  • Parcel: 150583
  • Lot: 3
  • Municipality: PIPE CREEK
  • Latitude: 29.6403
  • Longitude: -98.964

    Address

  • Full Address: 168 Turkey Dr
  • Address - House Number: 168
  • Address - Street Name: Turkey
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Pipe Creek
  • Carrier Code: H006
  • 4-Digit Zip Code: 5718
  • Zip Code: 78063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $122,757
  • Tax Rate Code Area: BC, BS, CA

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 163,358
  • High Value: 205,018
  • Low Value: 121,699

    Market Valuation

  • Market Total Value: $76,910
  • Market Land Value: $16,850
  • Market Improvement Value: $60,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,910
  • Assessed Land Value: $16,850
  • Assessed Improvements Value: $60,060

    Sales

  • Current Sale Contract Date: Feb 08, 2006
  • Current Sale Recording Date: Feb 08, 2006
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 155962
  • Previous Sale Recording Date: Jan 25, 2006
  • Previous Sale Amount: $168,200
  • 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 Lakehills

Stats & Trends

Median Asking:

$367,000

Sale Price/ft²

$213

Below Asking

0.05%

Average Days on Market

122

Average Home Size

2421 ft²

Average Home Age

31.2 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

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LERA

Listed by: Charles Kerr, Kerr Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1155995
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 168 Turkey Drive built and last sold?
The property at 168 Turkey Drive was built in and last sold on Feb 8, 2006 for $0.
How much is this home worth?
The estimated value of the home located at 168 Turkey Drive is $29,252.
What are some comparable homes to 168 Turkey Drive?
There are currently no comparable homes to 168 Turkey Drive.
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