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Bexar 78112 Southside
23206 Flat River Dr
$162,500
● House - Off Market

23206 Flat River Dr

Elmendorf, TX 78112
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,448 Ft²
$240,410
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

An adorable starter home perched on a half acre lot is move in ready. Covered extended porch. Friendly open floor plan. Separate living and dining areas. Kitchen features granite counters, upgraded cabinets, recessed lighting and glass backsplash. Generous master retreat offers full bath (expanded walk in tiled shower) and walk in closet. Country living minutes from the city.
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$114
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
2015

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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 #1402349)

Price History

Date / Event Date Event Price
Jan 21, 2020 Sold
Premium
Sold
Aug 1, 2019 Listed by Keller Williams Heritage $164,999
Listed by Keller Williams Heritage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,448
  • Gross Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,448
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERWOOD SUB
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB: 4131A BLK: 209 LOT: 3 WATERWOOD SUBD UNIT-68

Neighborhood

  • School District Name: Southside Independent School District
  • School Tax School District: 59 75
  • Census Tract: 152202

Geography

  • Assessors Map Reference: 784E1
  • Subdivision Tract Number: 3
  • Parcel: 04131-209-0030
  • Block: 209
  • Lot: 3
  • Municipality: ELMENDORF
  • Latitude: 29.1757
  • Longitude: -98.4026

    Address

  • Full Address: 23206 Flat River Dr
  • Address - House Number: 23206
  • Address - Street Name: Flat River
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Elmendorf
  • Carrier Code: R003
  • 4-Digit Zip Code: 6295
  • Zip Code: 78112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,977
  • Tax Rate Code Area: 75

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 247,371
  • High Value: 294,631
  • Low Value: 200,111

    Market Valuation

  • Market Total Value: $230,020
  • Market Land Value: $56,670
  • Market Improvement Value: $173,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,142
  • Assessed Land Value: $56,670
  • Assessed Improvements Value: $173,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20200014427
  • Previous Sale Recording Date: Mar 04, 2014
  • Previous Sale Contract Date: Mar 04, 2014
  • Previous Sale Amount: $21,567
  • Previous Sale Document Type: 69
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 Southside

Stats & Trends

Median Asking:

$214,999

Sale Price/ft²

$130

Below Asking

0.07%

Average Days on Market

102

Average Home Size

1826 ft²

Average Home Age

7.6 years

Currently For Sale

210 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: Shannan Albrecht, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1402349
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 23206 Flat River Drive built and last sold?
The property at 23206 Flat River Drive was built in 2015 and last sold on Jan 21, 2020 for $161,700.
How much is this home worth?
The estimated value of the home located at 23206 Flat River Drive is $169,243.
What are some comparable homes to 23206 Flat River Drive?
There are currently no comparable homes to 23206 Flat River Drive.
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