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Comal 78070
251 LANDONS WAY
$47,500
● Land - Off Market

251 LANDONS WAY

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
square feet
401,623 Ft²
$110,597
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Beautiful Large Oak Trees on a 9.22-acre lot with great potential! Seasonal creek runs through property. Partially in flood plain but can be built on. Great subdivision with beautiful homes; convenient to San Antonio, Canyon Lake, and New Braunfels. Wonderful price for over 9 acres in The Hill Country. Please verify tax, utilities, and school district information.
Unit Size
401,623 Ft²
Days on Market
-
Land Size
9.22 acres
Price per sqft
$0
Property Type
Land
Property Taxes
$143
HOA Dues
-
Year Built
2017

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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: 4 months ago (LERA #868205)

Price History

Date / Event Date Event Price
Aug 15, 2011 Sold
Premium
Sold
Nov 23, 2010 Listed by Coldwell Banker D'Ann Harper $49,900
Listed by Coldwell Banker D'Ann Harper

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 100

    Dimensions

  • Lot Size Square Feet: 401,624
  • Total Building Area: 3,723
  • Gross Building Area: 4,143
  • Building Area: 3,195
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,195
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEANING OAKS RANCH
  • Land Acres: 0000009220
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LEANING OAKS RANCH, LOT 29R

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: ES4 FLC SCIS
  • Census Tract: 310702

Geography

  • Assessors Map Reference: AIR MAP: 3E
  • Parcel: 36069
  • Lot: 29R
  • Municipality: SPRING BRANCH
  • Latitude: 29.8872
  • Longitude: -98.4103

    Address

  • Full Address: 251 Landons Way
  • Address - House Number: 251
  • Address - Street Name: Landons
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: R012
  • 4-Digit Zip Code: 4949
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $967,255
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 844,972
  • High Value: 1,008,285
  • Low Value: 681,659

    Market Valuation

  • Market Total Value: $850,560
  • Market Land Value: $235,460
  • Market Improvement Value: $615,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,011

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2011
  • Current Sale Recording Date: Aug 16, 2011
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201106028283
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 Comal

Stats & Trends

Median Asking:

$449,999

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2436 ft²

Average Home Age

16.1 years

Currently For Sale

1892 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: David Kline, Coldwell Banker D'Ann Harper
Last Updated: 4 months ago
Data Source: LERA, MLS# 868205
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 251 Landons Way built and last sold?
The property at 251 Landons Way was built in 2017 and last sold on Aug 11, 2011 for $0.
How much is this home worth?
The estimated value of the home located at 251 Landons Way is $50,399.
What are some comparable homes to 251 Landons Way?
There are currently no comparable homes to 251 Landons Way.
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