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Canyon Lake 78132
2278 APPELLATION
$179,900
● Land - Off Market

2278 APPELLATION

New Braunfels, TX 78132
bedrooms
Studio
bathrooms
0 Bath
$210,491
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Gorgeous lot.  Private and flat with great big Oak Trees and the lot has been prepped and scraped for building. Utilities available. Excellent neighborhood amenities which include community pool, lazy river, concerts at the park and multiple social gatherings throughout the year.
Unit Size
-
Days on Market
-
Land Size
1.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$105
HOA Dues
$625
Year Built
-

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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 #1521849)

Price History

Date / Event Date Event Price
Jun 19, 2021 Sold
Premium
Sold
Apr 21, 2021 Listed by Solid Realty Group, LLC $179,900
Listed by Solid Realty Group, LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 45,302
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: VINTAGE OAKS AT THE VINEYARD 2
  • Land Acres: 0000001040
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: VINTAGE OAKS AT THE VINEYARD 2, LOT 508

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: ES3 SCIS
  • Census Tract: 310901

Geography

  • Assessors Map Reference: 387-E7
  • Parcel: 150662
  • Lot: 508
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.7945
  • Longitude: -98.2526

    Address

  • Full Address: 2278 Appellation
  • Address - House Number: 2278
  • Address - Street Name: Appellation
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R027
  • 4-Digit Zip Code: 2774
  • Zip Code: 78132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $252,519
  • Tax Rate Code Area: ES3

    Market Valuation

  • Market Total Value: $169,330
  • Market Land Value: $169,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,330
  • Assessed Land Value: $169,330

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202106033019
  • Previous Sale Recording Date: Oct 30, 2020
  • Previous Sale Contract Date: Oct 29, 2020
  • 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 Canyon Lake

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$244

Below Asking

0.04%

Average Days on Market

99

Average Home Size

2334 ft²

Average Home Age

18.4 years

Currently For Sale

576 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: Jessica Johnson, Solid Realty Group, LLC
Last Updated: 6 months ago
Data Source: LERA, MLS# 1521849
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 2278 Appellation built and last sold?
The property at 2278 Appellation was built in and last sold on Jun 17, 2021 for $168,700.
How much is this home worth?
The estimated value of the home located at 2278 Appellation is $181,699.
What are some comparable homes to 2278 Appellation?
There are currently no comparable homes to 2278 Appellation.
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