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Schertz 78154
2478 COVE CREST
$202,500
● House - Off Market

2478 COVE CREST

Schertz, TX 78154
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,836 Ft²
$345,376
RealtyHop Estimate
68.48%
Since Aug 1, 2006
National-US
Primary Model

About This Property

If you like flagstone you'll love this one.  Front, side and back walkways are flagstone including the patio area.  Family room and entry-hallway are flagstone and so is the stairway to the loft. Open floor plan with flagstone fireplace in family room.  Mother-in-law suite down with full bath. Well cared for and maintained home with a shady backyard, clean home and ready for immediate ownership.
Unit Size
2,836 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
$355
HOA Dues
$5
Year Built
1998

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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 #594375)

Price History

Date / Event Date Event Price
Jul 10, 2006 Sold
Premium
Sold
Jun 1, 2006 Listed by Lanron Realty $205,000
Listed by Lanron Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 419
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 6,621
  • Total Building Area: 3,255
  • Gross Building Area: 3,361
  • Building Area: 2,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND OAKS # 6B
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 47 BLK: 22 ADDN: WOODLAND OAKS #6B

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210710

Geography

  • Parcel: 1G3707-6B22-04700-0-00
  • Block: B22
  • Lot: 47
  • Municipality: SCHERTZ
  • Latitude: 29.5761
  • Longitude: -98.274

    Address

  • Full Address: 2478 Cove Crst
  • Address - House Number: 2478
  • Address - Street Name: Cove
  • Address - Suffix Type: Crst
  • State: TX
  • City Name: Schertz
  • Carrier Code: C008
  • 4-Digit Zip Code: 2617
  • Zip Code: 78154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $688,367
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 367,073
  • High Value: 438,362
  • Low Value: 295,783

    Market Valuation

  • Market Total Value: $353,099
  • Market Land Value: $29,639
  • Market Improvement Value: $323,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,099
  • Assessed Land Value: $29,639
  • Assessed Improvements Value: $323,460

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202099021044
  • Previous Sale Recording Date: Oct 29, 2008
  • Previous Sale Contract Date: Oct 27, 2008
  • Previous Sale Document Type: 71
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 Schertz

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2300 ft²

Average Home Age

17.9 years

Currently For Sale

317 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 100 Howard Dr, Schertz, TX, 78154

$2,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,476 ft²
100 Howard Dr, Schertz, TX, 78154 Listing by Annie Slaats

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Ron McClellan, Lanron Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 594375
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 2478 Cove Crest built and last sold?
The property at 2478 Cove Crest was built in 1998 and last sold on Aug 6, 2020 for $278,800.
How much is this home worth?
The estimated value of the home located at 2478 Cove Crest is $220,072.
What are some comparable homes to 2478 Cove Crest?
There are currently no comparable homes to 2478 Cove Crest.
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