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San Antonio 78248 Northwest Side
18 SPRING LAKE DR
$280,000
● House - Off Market

18 SPRING LAKE DR

San Antonio, TX 78248
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,429 Ft²
$488,412
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

SARO OR $3,000 UPDATE ALLOWANCE. WOOD FLOORING IN LR/ DR. . . HUGE KITCHEN & CASUAL DINING AREA ADJOIN THE LARGE FAMILY ROOM . . . 3 BDRMS UP PLUS THE GAMEROOM WHICH (W/CLOSET) CAN BE BDRM 5 IF NEEDED. NICELY APPOINTED . . . FRESH PAINT . . . NEW CARPET LOWER LEVEL. . . MAIN AC, HWH, DW, WATER SOFTENER, GDO ALL LESS THAN A YR OLD . . . MW & CARPET APPX 2 YRS OLD . . . ALL CFs & LIGHT FIXTURES UPGRADED . . .  REALLY NICE HOME . . . HOT TUB & GAZEBO . . . ADJOINS DEDICATED GREENBELT. FLEXIBLE OCCUPANCY AVAI
Unit Size
3,429 Ft²
Days on Market
-
Land Size
-
Price per sqft
$85
Property Type
House
Property Taxes
$658
HOA Dues
$14
Year Built
1996

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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 #567350)

Price History

Date / Event Date Event Price
Jul 28, 2006 Sold
Premium
Sold
Dec 5, 2005 Listed by RE/MAX Associates $289,900
Listed by RE/MAX Associates

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 535
  • Parking Space Count: 2
  • Patio Type: 104
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,124
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,964
  • Gross Building Area: 4,582
  • Building Area: 3,429
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,429
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INWOOD HOLLOW UT-3 PUD
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 18926 BLK 1 LOT 39 (INWOOD HOLLOW UT-3 PUD)

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 191412

Geography

  • Assessors Map Reference: 515E4
  • Parcel: 18926-001-0390
  • Block: 1
  • Lot: 39
  • Municipality: SAN ANTONIO
  • Latitude: 29.5948
  • Longitude: -98.5394

    Address

  • Full Address: 18 Spring Lake Dr
  • Address - House Number: 18
  • Address - Street Name: Spring Lake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C088
  • 4-Digit Zip Code: 2434
  • Zip Code: 78248

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,357,334
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 590,958
  • High Value: 703,541
  • Low Value: 478,375

    Market Valuation

  • Market Total Value: $591,000
  • Market Land Value: $93,110
  • Market Improvement Value: $497,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,000
  • Assessed Land Value: $93,110
  • Assessed Improvements Value: $497,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210152620
  • Previous Sale Recording Date: Mar 07, 2017
  • Previous Sale Contract Date: Mar 07, 2017
  • Previous Sale Amount: $105,000
  • 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 Northwest Side

Stats & Trends

Median Asking:

$353,999

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2400 ft²

Average Home Age

25.1 years

Currently For Sale

1666 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 1722 Antler Crossing Dr, San Antonio, TX, 78248

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,798 ft²
1722 Antler Crossing Dr, San Antonio, TX, 78248 Listing by Anthony Kuri

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Joseph Skye, RE/MAX Associates
Last Updated: 5 months ago
Data Source: LERA, MLS# 567350
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 18 Spring Lake Drive built and last sold?
The property at 18 Spring Lake Drive was built in 1996 and last sold on Jun 3, 2021 for $445,300.
How much is this home worth?
The estimated value of the home located at 18 Spring Lake Drive is $292,112.
What are some comparable homes to 18 Spring Lake Drive?
There are currently no comparable homes to 18 Spring Lake Drive.
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