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Burnet 78654
1750 Timber Ridge
$260,000
● House - Off Market

1750 Timber Ridge

Marble Falls, TX 78654
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,562 Ft²
$658,563
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

tep back into serenity, & envelope nature in all that this true Texas Hill Country haven has to offer. This updated stone & cedar home, is set back from thehustle & bustle, yet only 10 mins from shopping, schools, resturants; whatever you might want. Wonderful bright kitchen with breakfast bar opens to thedining room, which enjoys a dual-sided fireplace, with the living. The entire circular plan offers a smooth flow to the expansive family room, with warming pellet stove and numerous windows to view grounds
Unit Size
2,562 Ft²
Days on Market
-
Land Size
6.00 acres
Price per sqft
$117
Property Type
House
Property Taxes
$270
HOA Dues
$17
Year Built
1984

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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 #894648)

Price History

Date / Event Date Event Price
Apr 23, 2012 Sold
Premium
Sold
May 23, 2011 Listed by RE/MAX of Marble Falls $299,000
Listed by RE/MAX of Marble Falls

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 12
  • 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: 3
  • Garage Square Area: 360
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 257,004
  • Total Building Area: 2,553
  • Gross Building Area: 2,553
  • Building Area: 2,553
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,553
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN LOUPY
  • Land Acres: 0000005900
  • Standard Land Use Code: 1001
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: ABS A0552 JOHN LOUPY, TRACT PT OF 1 (TIMBER RIDGE), 5.9 ACRES

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960600

Geography

  • Parcel: 53737
  • Municipality: MARBLE FALLS
  • Latitude: 30.6597
  • Longitude: -98.3041

    Address

  • Full Address: 1750 Timber Ridge Rd
  • Address - House Number: 1750
  • Address - Street Name: Timber Ridge
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Marble Falls
  • Carrier Code: R003
  • 4-Digit Zip Code: 7847
  • Zip Code: 78654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $638,231
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.2627
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 62
  • Final Value: 714,445
  • High Value: 902,179
  • Low Value: 526,712

    Market Valuation

  • Market Total Value: $649,461
  • Market Land Value: $244,260
  • Market Improvement Value: $405,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,326

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 2016
  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201608438
  • Previous Sale Recording Date: Apr 24, 2012
  • Previous Sale Contract Date: Apr 20, 2012
  • Previous Sale Amount: $316,800
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Burnet

Stats & Trends

Median Asking:

$409,500

Sale Price/ft²

$226

Below Asking

0.04%

Average Days on Market

101

Average Home Size

2243 ft²

Average Home Age

7 years

Currently For Sale

593 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: Zina Rodenbeck, RE/MAX of Marble Falls
Last Updated: 5 months ago
Data Source: LERA, MLS# 894648
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 1750 Timber Ridge Road built and last sold?
The property at 1750 Timber Ridge Road was built in 1984 and last sold on Sep 2, 2016 for $280,000.
How much is this home worth?
The estimated value of the home located at 1750 Timber Ridge Road is $321,788.
What are some comparable homes to 1750 Timber Ridge Road?
There are currently no comparable homes to 1750 Timber Ridge Road.
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