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Cibolo 78108
254 Notch Leaf
$304,000
● House - Off Market

254 Notch Leaf

Cibolo, TX 78108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,008 Ft²
$1,868
Est. Monthly

About This Property

You will feel so prestigious when you pull up to your corner lot located just minutes from several stores and dining options.  The vaulted ceilings will impress your guests and you will enjoy entertaining with your open floorplan that opens up to your oversized backyard. Who will you invite over first?  As you go upstairs you will enjoy a flex space at the top of the stairs that can be used for your game room or to banish the kids toys out of your view!  Your primary bedroom has a beautiful view of the front of your home as well as a shower AND a tub!  You will enjoy getting organized in your walk-in closet.  And no need to carry a heavy laundry basket downstairs.  Your laundry room is on the same level as your bedrooms!  Genius!
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$149
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1994

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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 #1768768)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Premium
Sold
Apr 22, 2024 Listed by Central Metro Realty $299,000
Listed by Central Metro Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,780
  • Total Building Area: 2,216
  • Gross Building Area: 2,243
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THISTLE CREEK #1B
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 1 BLK: 7 ADDN: THISTLE CREEK #1B LN#3190957 VA#950053

Neighborhood

  • School District Name: Marion Independent School District
  • Census Tract: 210715

Geography

  • Parcel: 1G3245-1B07-00100-0-00
  • Block: B07
  • Lot: 1
  • Municipality: CIBOLO
  • Latitude: 29.5741
  • Longitude: -98.2555

    Address

  • Full Address: 254 Notch Leaf
  • Address - House Number: 254
  • Address - Street Name: Notch Leaf
  • State: TX
  • City Name: Cibolo
  • Carrier Code: R005
  • 4-Digit Zip Code: 3118
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,208
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 306,951
  • High Value: 377,499
  • Low Value: 236,403

    Market Valuation

  • Market Total Value: $265,035
  • Market Land Value: $45,648
  • Market Improvement Value: $219,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,731
  • Assessed Land Value: $45,648
  • Assessed Improvements Value: $219,387

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2329
  • Previous Sale Recording Date: Jan 12, 2024
  • Previous Sale Contract Date: Jan 12, 2024
  • Previous Sale Amount: $226,100
  • Previous Sale Document Type: 27
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 Cibolo

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$145

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2457 ft²

Average Home Age

15.8 years

Currently For Sale

120 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: Mindy Romero, Central Metro Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1768768
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 254 Notchleaf built and last sold?
The property at 254 Notchleaf was built in 1994 and last sold on Jan 31, 2024 for $274,645.
How much is this home worth?
The estimated value of the home located at 254 Notchleaf is $301,692.
What are some comparable homes to 254 Notchleaf?
There are currently no comparable homes to 254 Notchleaf.
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