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Canyon Lake 78132
2349 (LOT 478) Appellation
$72,000
● Land - Off Market

2349 (LOT 478) Appellation

New Braunfels, TX 78132
bedrooms
Studio
bathrooms
0 Bath
$98,224
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

GORGEOUS PROPERTY IN THE PRESTIGIOUS HILL COUNTRY COMMUNITY OF VINTAGE OAKS. Larger property with beautiful oaks scattered throughout! Build your dream home and enjoy the panoramic view from your back porch! Conveniently located close to the incredible amenities including 2 resort style pools, a lazy river, pavilion with outdoor kitchen, playing fields, tennis courts, fitness room, walking trails and more!
Unit Size
-
Days on Market
-
Land Size
1.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$56
Year Built
2021

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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 #1352375)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Dec 4, 2018 Listed by Vintage Oaks Realty $69,500
Listed by Vintage Oaks Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 3,959
  • Gross Building Area: 4,583
  • Building Area: 3,095
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,095
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VINTAGE OAKS AT THE VINEYARD 2
  • Land Acres: 0000001060
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: VINTAGE OAKS AT THE VINEYARD 2, LOT 478

Neighborhood

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

Geography

  • Parcel: 150632
  • Lot: 478
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.7901
  • Longitude: -98.2548

    Address

  • Full Address: 2349 Appellation
  • Address - House Number: 2349
  • Address - Street Name: Appellation
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R027
  • 4-Digit Zip Code: 2775
  • Zip Code: 78132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,325,803
  • Tax Rate Code Area: ES3

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 861,696
  • High Value: 1,066,867
  • Low Value: 656,526

    Market Valuation

  • Market Total Value: $903,095
  • Market Land Value: $171,280
  • Market Improvement Value: $731,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $889,034

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000019803
  • Previous Sale Recording Date: Aug 24, 2010
  • Previous Sale Contract Date: Aug 09, 2010
  • Previous Sale Document Type: 68
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:

$489,000

Sale Price/ft²

$240

Below Asking

0.04%

Average Days on Market

101

Average Home Size

2339 ft²

Average Home Age

18.3 years

Currently For Sale

613 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: Viki Wernert, Vintage Oaks Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1352375
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 2349 Appellation built and last sold?
The property at 2349 Appellation was built in 2021 and last sold on May 28, 2020 for $76,500.
How much is this home worth?
The estimated value of the home located at 2349 Appellation is $70,195.
What are some comparable homes to 2349 Appellation?
There are currently no comparable homes to 2349 Appellation.
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