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Canyon Lake 78132
2383 APPELLATION
$76,000
● Land - Off Market

2383 APPELLATION

New Braunfels, TX 78133
bedrooms
Studio
bathrooms
0 Bath
$197,258
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Come see this gorgeous LEVEL lot with a wonderful Hill country View in Vintage Oaks.  Lot faces West so you will have a wonderful shaded backyard in the Lot 434, MLS #891259 is also available or buy both lots at a price of $178,600.  Vintage Oaks is convenientl y located 15 minutes north of New Braunfels, TX in the beautiful Hill Country!  Visit the neighboorhood clubhouse and pool!  They are absolutely gorgeous!
Unit Size
-
Days on Market
-
Land Size
1.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$85
HOA Dues
$25
Year Built
2012

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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 #891274)

Price History

Date / Event Date Event Price
Aug 8, 2011 Sold
Premium
Sold
May 1, 2011 Listed by Keller Williams Hill Country $89,000
Listed by Keller Williams Hill Country

Property Highlights

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,368
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 6,434
  • Gross Building Area: 6,870
  • Building Area: 5,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,066
  • 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: 0000001020
  • 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 434

Neighborhood

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

Geography

  • Assessors Map Reference: 387-E8
  • Parcel: 150588
  • Lot: 434
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.786
  • Longitude: -98.2564

    Address

  • Full Address: 2383 Appellation
  • Address - House Number: 2383
  • 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: $2,375,065
  • Tax Rate Code Area: ES3

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 1,055,353
  • High Value: 1,279,322
  • Low Value: 831,385

    Market Valuation

  • Market Total Value: $1,592,630
  • Market Land Value: $167,340
  • Market Improvement Value: $1,425,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,592,630
  • Assessed Land Value: $167,340
  • Assessed Improvements Value: $1,425,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202106014632
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 24, 2017
  • Previous Sale Amount: $530,100
  • 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 Canyon Lake

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$241

Below Asking

0.04%

Average Days on Market

100

Average Home Size

2348 ft²

Average Home Age

18.4 years

Currently For Sale

591 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 1624 Stone House Dr, New Braunfels, TX, 78132

$3,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,989 ft²
1624 Stone House Dr, New Braunfels, TX, 78132 Listing by Tracy Noll

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Tammy Smith, Keller Williams Hill Country
Last Updated: 5 months ago
Data Source: LERA, MLS# 891274
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 2383 Appellation built and last sold?
The property at 2383 Appellation was built in 2012 and last sold on Mar 15, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 2383 Appellation is $89,890.
What are some comparable homes to 2383 Appellation?
There are currently no comparable homes to 2383 Appellation.
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