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Lakehills 78063
192 River Trail Rd.
$290,000
● House - Off Market

192 River Trail Rd.

Pipe Creek, TX 78063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,476 Ft²
$525,993
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Looking for a home located near Bandera, Boerne and San Antonio? This charming home is fully fenced and has many mature oaks and fruit trees surrounding it. Relax under the large covered patio which overlooks the pool while entertaining in your outdoor kitchen. This home has an additional room that could be used as an office or workout room. Move in ready with plenty of storage.
Unit Size
2,476 Ft²
Days on Market
-
Land Size
5.13 acres
Price per sqft
$121
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
2002

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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 #1130586)

Price History

Date / Event Date Event Price
Feb 19, 2016 Sold
Premium
Sold
Jul 31, 2015 Listed by Texas Rose Realty $299,000
Listed by Texas Rose Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 223,463
  • Total Building Area: 1,854
  • Gross Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,476
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: MEDINA RIVER RANCH
  • Land Acres: 0000005130
  • Standard Land Use Code: 7002
  • County Land Use Code: E2
  • Legal Description 1: MEDINA RIVER RANCH LT 60 5.13 ACRES

Neighborhood

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

Geography

  • Account Number: 15200-00000-0600
  • Parcel: 153693
  • Lot: 60
  • Municipality: PIPE CREEK
  • Latitude: 29.6594
  • Longitude: -98.9541

    Address

  • Full Address: 192 River Trail Rd
  • Address - House Number: 192
  • Address - Street Name: River Trail
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Pipe Creek
  • Carrier Code: H001
  • 4-Digit Zip Code: 5962
  • Zip Code: 78063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $644,421
  • Tax Rate Code Area: BC, BS, CA

    Market Valuation

  • Market Total Value: $487,080
  • Market Land Value: $227,060
  • Market Improvement Value: $260,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,080
  • Assessed Land Value: $227,060
  • Assessed Improvements Value: $260,020

    Sales

  • Current Sale Contract Date: Feb 16, 2016
  • Current Sale Recording Date: Feb 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 212692
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:

$350,000

Sale Price/ft²

$217

Below Asking

0.06%

Average Days on Market

125

Average Home Size

2356 ft²

Average Home Age

30.6 years

Currently For Sale

88 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: Vicki Browning, Texas Rose Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1130586
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 192 River Trail Road built and last sold?
The property at 192 River Trail Road was built in 2002 and last sold on Feb 16, 2016 for $326,300.
How much is this home worth?
The estimated value of the home located at 192 River Trail Road is $314,729.
What are some comparable homes to 192 River Trail Road?
There are currently no comparable homes to 192 River Trail Road.
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