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Guadalupe 78108
228 Gatewood Falls
$135,000
● House - Off Market

228 Gatewood Falls

Cibolo, TX 78108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,532 Ft²
$276,414
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Beautiful 2 story home close to Steele High School. All bedrooms upstairs with walk-in closets for maximum storage! Open living room and kitchen separated by breakfast bar. Granite kitchen countertops, integrated sink. Wood Plank Porcelain tile throughout downstairs. Master bath includes double vanity, separate shower and garden tub. Huge backyard with a nice size covered patio. Eligible for USDA Home Loan.
Unit Size
1,532 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$95
Property Type
House
Property Taxes
$218
HOA Dues
$10
Year Built
2005

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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 #1039900)

Price History

Date / Event Date Event Price
Mar 19, 2014 Sold
Premium
Sold
Feb 6, 2014 Listed by RE/MAX North-San Antonio $145,000
Listed by RE/MAX North-San Antonio

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 378
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,618
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,910
  • Gross Building Area: 2,010
  • Building Area: 1,532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,532
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GATEWOOD UNIT #1
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: GATEWOOD UNIT #1 BLOCK 5 LOT 6

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210718

Geography

  • Subdivision Tract Number: 6
  • Parcel: 1G1120-1005-00600-0-00
  • Block: 5
  • Lot: 6
  • Municipality: CIBOLO
  • Latitude: 29.5915
  • Longitude: -98.221

    Address

  • Full Address: 228 Gatewood Fls
  • Address - House Number: 228
  • Address - Street Name: Gatewood
  • Address - Suffix Type: Fls
  • State: TX
  • City Name: Cibolo
  • Carrier Code: R013
  • 4-Digit Zip Code: 3032
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,197
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 257,763
  • High Value: 300,818
  • Low Value: 214,708

    Market Valuation

  • Market Total Value: $239,725
  • Market Land Value: $50,334
  • Market Improvement Value: $189,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,725
  • Assessed Land Value: $50,334
  • Assessed Improvements Value: $189,391

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 28415
  • Previous Sale Recording Date: Mar 26, 2014
  • Previous Sale Contract Date: Mar 19, 2014
  • 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 Guadalupe

Stats & Trends

Median Asking:

$301,965

Sale Price/ft²

$152

Above Asking

93.89%

Average Days on Market

91

Average Home Size

2186 ft²

Average Home Age

13.5 years

Currently For Sale

1519 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

Unit for rent at 473 Turning Stone, Cibolo, TX, 78108

$2,995 /mo

  • 5 Beds
  • 4 Baths
  • 3,421 ft²
473 Turning Stone, Cibolo, TX, 78108 Listing by Chrissy Caputo

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Jacob Delgado, RE/MAX North-San Antonio
Last Updated: 5 months ago
Data Source: LERA, MLS# 1039900
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 228 Gatewood Falls built and last sold?
The property at 228 Gatewood Falls was built in 2005 and last sold on Nov 15, 2023 for $232,259.
How much is this home worth?
The estimated value of the home located at 228 Gatewood Falls is $152,030.
What are some comparable homes to 228 Gatewood Falls?
There are currently no comparable homes to 228 Gatewood Falls.
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