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Bandera 78063
192 Scenic Loop
$234,000
● Mobile Manufactured - Off Market

192 Scenic Loop

Pipe Creek, TX 78063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$251,026
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This is the one!! Quiet country living with an easy commute to the city! Spotless 3 bedroom/2 bath home on 1.27 acres provides peace and quiet. No city taxes! Owner has been here over ten years but time to move on. Beautiful and well-kept, smoke-free home with progressive maintenance and upgrades. Grow a garden . .  enjoy starlight nights. . . unwind.  Easy travel to San Antonio, Boerne, Bandera, etc.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
1.27 acres
Price per sqft
$195
Property Type
Mobile Manufactured
Property Taxes
$175
HOA Dues
-
Year Built
2004

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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 #1637741)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Sep 13, 2022 Listed by Ultima Real Estate $239,900
Listed by Ultima Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,321
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER OAKS RANCH
  • Land Acres: 0000001270
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: RIVER OAKS RANCH BLK 1 LT 38-39 1.27 ACRES *PFS0864360/61*

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: SPC, SW
  • Census Tract: 000101

Geography

  • Account Number: 16550-00001-0391
  • Parcel: 150883
  • Block: 1
  • Lot: 38-39
  • Municipality: PIPE CREEK
  • Latitude: 29.7115
  • Longitude: -98.9826

    Address

  • Full Address: 192 Scenic Loop
  • Address - House Number: 192
  • Address - Street Name: Scenic
  • Address - Suffix Type: Loop
  • State: TX
  • City Name: Pipe Creek
  • Carrier Code: H002
  • 4-Digit Zip Code: 5150
  • Zip Code: 78063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $111,149
  • Tax Rate Code Area: BC, BS, CA

    Appraisal Valuation

  • Standard Deviation: 0.4206
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 15
  • Final Value: 94,100
  • High Value: 133,679
  • Low Value: 54,520

    Market Valuation

  • Market Total Value: $142,160
  • Market Land Value: $76,190
  • Market Improvement Value: $65,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,160
  • Assessed Land Value: $76,190
  • Assessed Improvements Value: $65,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 255670
  • Previous Sale Recording Date: Jul 22, 2022
  • Previous Sale Contract Date: Jul 21, 2022
  • Previous Sale Document Type: 68
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 Bandera

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$238

Below Asking

0.04%

Average Days on Market

94

Average Home Size

2259 ft²

Average Home Age

23.6 years

Currently For Sale

237 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: Lance Casper, Ultima Real Estate
Last Updated: 6 months ago
Data Source: LERA, MLS# 1637741
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 Scenic Loop built and last sold?
The property at 192 Scenic Loop was built in 2004 and last sold on Oct 27, 2022 for $261,300.
How much is this home worth?
The estimated value of the home located at 192 Scenic Loop is $244,714.
What are some comparable homes to 192 Scenic Loop?
There are currently no comparable homes to 192 Scenic Loop.
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