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Canyon Lake 78070 Cypress Lake Gardens
2280 RIM ROCK DR
$200,000
● House - Off Market

2280 RIM ROCK DR

Spring Branch, TX 78070
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,690 Ft²
$370,854
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

PC1917 Very nice country home on 24+ acres in Spring Branch with an unimpaired valley view.  Marvelous country kitchen and open concept living area.  Large master with private balcony. This is your opportunity to roam, hunt, raise horses  or otherwise enjoy the true beauty of the Hill Country.
Unit Size
1,690 Ft²
Days on Market
-
Land Size
24.31 acres
Price per sqft
$124
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990

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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 #535271)

Price History

Date / Event Date Event Price
Jul 15, 2005 Sold
Premium
Sold
Apr 24, 2005 Listed by Coldwell Banker D'Ann Harper $210,000
Listed by Coldwell Banker D'Ann Harper

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: G & P RANCH
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: G & P RANCH, LOT 1, IMPROVEMENT ONLY, MH LABEL# TEX0512869 IMPROVEMENT ONLY

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS
  • Census Tract: 310610

Geography

  • Parcel: 393540
  • Lot: 1
  • Municipality: SPRING BRANCH
  • Latitude: 29.9318
  • Longitude: -98.3917

    Address

  • Full Address: 2280 Rimrock Dr
  • Address - House Number: 2280
  • Address - Street Name: Rimrock
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H002
  • 4-Digit Zip Code: 4410
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,817
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.4437
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 11
  • Final Value: 47,320
  • High Value: 68,318
  • Low Value: 26,321

    Market Valuation

  • Market Total Value: $9,250
  • Market Improvement Value: $9,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,250
  • Assessed Improvements Value: $9,250
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 Cypress Lake Gardens

Stats & Trends

Median Asking:

$262,700

Sale Price/ft²

$177

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1697 ft²

Average Home Age

12 years

Currently For Sale

6 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: Tim Cronin, Coldwell Banker D'Ann Harper
Last Updated: 5 months ago
Data Source: LERA, MLS# 535271
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 2280 Rimrock Drive built and last sold?
The property at 2280 Rimrock Drive was built in 1990 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2280 Rimrock Drive is $218,977.
What are some comparable homes to 2280 Rimrock Drive?
There are currently no comparable homes to 2280 Rimrock Drive.
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