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Canyon Lake 78133 Mountain Springs Ranch
1964 SPLIT MTN
$31,000
● Land - Off Market

1964 SPLIT MTN

Canyon Lake, TX 78133
bedrooms
Studio
bathrooms
0 Bath
$79,823
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Beautiful lot in Mountain Springs Ranch!  Owner will consider 100% FINANCING with accepted offer.
Unit Size
-
Days on Market
-
Land Size
1.86 acres
Price per sqft
-
Property Type
Land
Property Taxes
$119
HOA Dues
$50
Year Built
2016

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (LERA #993564)

Price History

Date / Event Date Event Price
Oct 2, 2015 Sold
Premium
Sold
Apr 1, 2013 Listed by Reliance Residential Realty Co $45,000
Listed by Reliance Residential Realty Co

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 850
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,022
  • Total Building Area: 3,547
  • Gross Building Area: 3,772
  • Building Area: 2,697
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,697
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VISTAS AT MOUNTAIN SPRINGS RANCH (THE)
  • Land Acres: 0000001860
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: VISTAS AT MOUNTAIN SPRINGS RANCH (THE), LOT 125

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310608

Geography

  • Parcel: 119345
  • Lot: 125
  • Municipality: CANYON LAKE
  • Latitude: 29.8221
  • Longitude: -98.3365

    Address

  • Full Address: 1964 Split Mtn
  • Address - House Number: 1964
  • Address - Street Name: Split
  • Address - Suffix Type: Mtn
  • State: TX
  • City Name: Canyon Lake
  • Carrier Code: H007
  • 4-Digit Zip Code: 5987
  • Zip Code: 78133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $913,460
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 797,151
  • High Value: 986,954
  • Low Value: 607,349

    Market Valuation

  • Market Total Value: $869,770
  • Market Land Value: $159,880
  • Market Improvement Value: $709,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,522

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2015
  • Current Sale Recording Date: Oct 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201506039857
  • Previous Sale Recording Date: Sep 04, 2012
  • Previous Sale Contract Date: Sep 04, 2012
  • Previous Sale Amount: $32,500
  • Previous Sale Document Type: 34
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 Mountain Springs Ranch

Stats & Trends

Median Asking:

$799,925

Sale Price/ft²

$272

Below Asking

0.03%

Average Days on Market

109

Average Home Size

3688 ft²

Average Home Age

12 years

Currently For Sale

11 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: Mike Hermes, Reliance Residential Realty Co
Last Updated: 4 months ago
Data Source: LERA, MLS# 993564
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 1964 Split Mountain built and last sold?
The property at 1964 Split Mountain was built in 2016 and last sold on Sep 30, 2015 for $391,900.
How much is this home worth?
The estimated value of the home located at 1964 Split Mountain is $45,450.
What are some comparable homes to 1964 Split Mountain?
There are currently no comparable homes to 1964 Split Mountain.
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