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Kerr 78025
264 Cypress Estates
$316,900
● Land - Off Market

264 Cypress Estates

Ingram, TX 78025
bedrooms
Studio
bathrooms
0 Bath
$892
Est. Monthly
$58
HOA / Fees

About This Property

Majestic views! Located in the desirable Cypress Springs Estates subdivision, this 3.14 acre lot is on top of a hill with native Hill Country views. This is a great place to build your dream home, it is nicely situated between Ingram and Hunt, but still just 10 miles to downtown Kerrville. An abundance of amenities includes hiking and biking trails, a pool with a pavilion, a tennis court, RV pads and storage, and the Cypress-lined Guadalupe River Park. Central water is available, Enjoy swimming, fishing, kayaking, tubing, or just hanging out and cooking BBQ at one of the picnic areas or river pavilion. Cypress Springs Estates is a gated community about 1.5 miles from the Ingram Dam and about 3.5 miles to Hunt.  Sale includes  Lot 53, to the right, 2.1 acres canfor $316,900.   274 Cypress Estates Pkwy, Ingram, TX.
Unit Size
-
Days on Market
-
Land Size
3.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$48
HOA Dues
$58
Year Built
-

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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 #1787082)

Price History

Date / Event Date Event Price
Jul 30, 2024 Sold
Premium
Sold
Jun 23, 2024 Listed by Midciti Realty $159,900
Listed by Midciti Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 136,778
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CYPRESS SPRINGS ESTS PH 2, SEC 1
  • Land Acres: 0000003140
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • Legal Description 1: CYPRESS SPRINGS ESTS PH 2, SEC 1 LOT 52 ACRES 3.14

Neighborhood

  • School District Name: Ingram Independent School District
  • School Tax School District: UGR WHU
  • Census Tract: 960304

Geography

  • Account Number: 3687-0000-052000
  • Parcel: 68416
  • Lot: 52
  • Municipality: INGRAM
  • Latitude: 30.0787
  • Longitude: -99.2825

    Address

  • Full Address: 264 Cypress Estates Pkwy
  • Address - House Number: 264
  • Address - Street Name: Cypress Estates
  • Address - Suffix Type: Pkwy
  • State: TX
  • City Name: Ingram
  • Carrier Code: H078
  • 4-Digit Zip Code: 4402
  • Zip Code: 78025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $57,920
  • Tax Rate Code Area: FD1 GKR RL

    Market Valuation

  • Market Total Value: $40,912
  • Market Land Value: $40,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,912
  • Assessed Land Value: $40,912

    Sales

  • Current Sale Contract Date: Nov 19, 2016
  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 16-007585
  • Previous Sale Recording Date: Oct 06, 2005
  • Previous Sale Contract Date: Jun 03, 2005
  • Previous Sale Amount: $96,800
  • 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 Kerr

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2383 ft²

Average Home Age

33 years

Currently For Sale

190 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: Elizabeth Vigil-Gafford, Midciti Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1787082
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 264 Cypress Estates Parkway built and last sold?
The property at 264 Cypress Estates Parkway was built in and last sold on Nov 19, 2016 for $91,000.
How much is this home worth?
The estimated value of the home located at 264 Cypress Estates Parkway is $161,499.
What are some comparable homes to 264 Cypress Estates Parkway?
There are currently no comparable homes to 264 Cypress Estates Parkway.
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