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Kendall The Crossing
217 Oak Forest Dr
$54,900
● Land - Off Market

217 Oak Forest Dr

Boerne, TX 78006
bedrooms
Studio
bathrooms
0 Bath
square feet
83,635 Ft²
$87,086
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Rare double platted acreage in The Crossing. This over sized parcel is fully wooded and ready for a private retreat. Having almost 2 acres gives that privacy we all look for. Quiet street and just far enough from town to find that secluded home-site you always wanted; but still a short commute to work or a night on the town....
Unit Size
83,635 Ft²
Days on Market
-
Land Size
1.92 acres
Price per sqft
$1
Property Type
Land
Property Taxes
$43
HOA Dues
$15
Year Built
2019

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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 #1116349)

Price History

Date / Event Date Event Price
Nov 20, 2017 Sold
Premium
Sold
May 21, 2015 Listed by Trend Setter Realty $54,900
Listed by Trend Setter Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • 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: 1
  • Garage Square Area: 750
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,592
  • Gross Building Area: 2,955
  • Building Area: 1,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,842
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE CROSSING
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: THE CROSSING MOUNTAIN CREEK SECTION LOT 9A-1 (REPLAT), 1.0 ACRES MOUNTAIN CREEK SECTION

Neighborhood

  • School District Name: Blanco Independent School District
  • Census Tract: 970102

Geography

  • Assessors Map Reference: 1-5770-00010090
  • Subdivision Tract Number: S157702
  • Parcel: 26958
  • Lot: 9A-1
  • Municipality: BOERNE
  • Latitude: 29.8993
  • Longitude: -98.5614

    Address

  • Full Address: 217 Oak Forest Dr
  • Address - House Number: 217
  • Address - Street Name: Oak Forest
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Boerne
  • Carrier Code: H005
  • 4-Digit Zip Code: 3834
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,915
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 66
  • Final Value: 510,857
  • High Value: 632,659
  • Low Value: 389,055

    Market Valuation

  • Market Total Value: $418,440
  • Market Land Value: $73,180
  • Market Improvement Value: $345,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,641

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 344282
  • Previous Sale Recording Date: Dec 01, 2017
  • Previous Sale Contract Date: Nov 15, 2017
  • Previous Sale Document Type: 71
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 The Crossing

Stats & Trends

Median Asking:

$669,999

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2179 ft²

Average Home Age

19.4 years

Currently For Sale

7 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: Daniel Rodriguez, Trend Setter Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1116349
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 217 Oak Forest Drive built and last sold?
The property at 217 Oak Forest Drive was built in 2019 and last sold on Jul 21, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 217 Oak Forest Drive is $55,449.
What are some comparable homes to 217 Oak Forest Drive?
There are currently no comparable homes to 217 Oak Forest Drive.
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