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Boerne 78006 Trails at Herff Ranch
236 Mustang Run
$267,342
● House - Off Market

236 Mustang Run

Boerne, TX 78006
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,680 Ft²
$550,664
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

Covered patio, enhanced exterior elevation, automatic sprinkler system, 30-yr. composition shingles, radiant barrier roof sheathing, 9-ft. first-floor ceilings, soft water system, Hunter Douglas 2-in. faux wood blinds, pre-wired for surround sound, gas fireplace with tumbled stone surround, luxury kitchen with 42-in. upper cabinets, Silestone countertops, buffet, bath storage package, laundry room cabinets and upgraded master bath. Taxes not assessed.
Unit Size
2,680 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$98
Property Type
House
Property Taxes
$15
HOA Dues
$37
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (LERA #755123)

Price History

Date / Event Date Event Price
Apr 30, 2009 Sold
Premium
Sold
Nov 21, 2008 Listed by SATEX Properties, Inc. $262,632
Listed by SATEX Properties, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 3,384
  • Gross Building Area: 3,524
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRAILS OF HERFF RANCH
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: TRAILS OF HERFF RANCH UNIT 4 BLK 11 LOT 12, .138 ACRES UNIT 4

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970406

Geography

  • Assessors Map Reference: 1-5787-40110120
  • Subdivision Tract Number: S157871
  • Parcel: 51015
  • Block: 11
  • Lot: 12
  • Municipality: BOERNE
  • Latitude: 29.7794
  • Longitude: -98.6949

    Address

  • Full Address: 236 Mustang Run
  • Address - House Number: 236
  • Address - Street Name: Mustang
  • Address - Suffix Type: Run
  • State: TX
  • City Name: Boerne
  • Carrier Code: H006
  • 4-Digit Zip Code: 1954
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,880
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 64
  • Final Value: 514,824
  • High Value: 642,857
  • Low Value: 386,790

    Market Valuation

  • Market Total Value: $505,470
  • Market Land Value: $95,110
  • Market Improvement Value: $410,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,991

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 372819
  • Previous Sale Recording Date: Jun 20, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $270,800
  • Previous Sale Document Type: 70
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 Trails at Herff Ranch

Stats & Trends

Median Asking:

$397,000

Sale Price/ft²

$183

Below Asking

0.02%

Average Days on Market

81

Average Home Size

2351 ft²

Average Home Age

8.6 years

Currently For Sale

25 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: Benjamin Baca, SATEX Properties, Inc.
Last Updated: 4 months ago
Data Source: LERA, MLS# 755123
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 236 Mustang Run built and last sold?
The property at 236 Mustang Run was built in 2008 and last sold on Jul 12, 2022 for $66,500.
How much is this home worth?
The estimated value of the home located at 236 Mustang Run is $276,581.
What are some comparable homes to 236 Mustang Run?
There are currently no comparable homes to 236 Mustang Run.
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