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Cibolo 78108
220 SPICE OAK LANE
$148,900
● House - Off Market

220 SPICE OAK LANE

Cibolo, TX 78108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$250,194
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

2168 SQ. FT. PER GCAD.  DON'T WAIT TO BUILD! THIS GORGEOUS HOME IS LIKE NEW. GENTLY LIVED IN. HUGE MASTER WITH SEPARATE TUB & SHOWER. LARGE YARD WITH COVERED PATIO. GREAT LOCATION ON THIS OPEN FLOOR PLAN. CALL SHANNON SILAS AT 241-1421 WITH ANY QUESTIONS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$318
HOA Dues
$32
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: 4 months ago (LERA #554077)

Price History

Date / Event Date Event Price
Apr 2, 2020 Sold
Premium
Sold
Jan 3, 2020 Listed by PMI Birdy Properties, CRMC $219,000
Listed by PMI Birdy Properties, CRMC
FANTASTIC 2 STORY HOME W/ 2 CAR GARAGE*3 BEDROOMS, 2.5 BATHS NEAR SHOPPING*BRAND NEW STOVE, MICROWAVE & DISHWASHER*BRAND NEW ROOF*CARPET, CERAMIC TILE & WOOD IN HOME*SPACIOUS LIVING ROOM & KITCHEN*GREAT SIZE BEDROOMS*MASTER HAS WALK-IN CLOSET, CEILING FAN, & FULL BATH W/ DOUBLE VANITY*EXCELLENT BACKYARD W/ COVERED PATIO, PRIVACY FENCE*EASY COMMUTE TO RANDOLPH, FT SAM, THE FORUM, & RESTAURANTS*DON'T MISS OUT ON THIS GREAT PROPERTY W/ SUPER SCHOOLS*
Mar 8, 2006 Sold
Premium
Sold
Aug 26, 2005 Listed by Century 21 United - Action $147,900
Listed by Century 21 United - Action

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 435
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,231
  • Total Building Area: 2,587
  • Gross Building Area: 2,787
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALCON RIDGE UNIT #2
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FALCON RIDGE UNIT #2 BLOCK 5 LOT 8 0.166 AC

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210716

Geography

  • Parcel: 1G0969-2005-00800-0-00
  • Block: 5
  • Lot: 8
  • Municipality: CIBOLO
  • Latitude: 29.5736
  • Longitude: -98.2499

    Address

  • Full Address: 220 Spice Oak Ln
  • Address - House Number: 220
  • Address - Street Name: Spice Oak
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Cibolo
  • Carrier Code: R005
  • 4-Digit Zip Code: 3253
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $616,198
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 347,777
  • High Value: 418,150
  • Low Value: 277,405

    Market Valuation

  • Market Total Value: $318,910
  • Market Land Value: $53,837
  • Market Improvement Value: $265,073

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,910
  • Assessed Land Value: $53,837
  • Assessed Improvements Value: $265,073

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202099008114
  • Previous Sale Recording Date: Mar 24, 2006
  • Previous Sale Contract Date: Mar 03, 2006
  • Previous Sale Amount: $150,600
  • 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 Cibolo

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$146

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2477 ft²

Average Home Age

16 years

Currently For Sale

120 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: Shannon Silas, Century 21 United - Action
Last Updated: 4 months ago
Data Source: LERA, MLS# 554077
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 220 Spice Oak Lane built and last sold?
The property at 220 Spice Oak Lane was built in 2002 and last sold on Mar 31, 2020 for $263,100.
How much is this home worth?
The estimated value of the home located at 220 Spice Oak Lane is $226,659.
What are some comparable homes to 220 Spice Oak Lane?
There are currently no comparable homes to 220 Spice Oak Lane.
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