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Schertz 78108
2700 STERLING WAY
$225,000
● House - Off Market

2700 STERLING WAY

Schertz, TX 78108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,152 Ft²
$428,633
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

This tastefully decorated home enjoys high ceilings with spacious, open, architecture. The kitchen features an abundance of counter space, 42" cabinets, walk-in pantry, stainless steel appliances, tile backsplash, and a chef's desk. The manicured, raised-bed landscaping front and rear display pure pride of ownership. Covered patio and yard are both good sized along with the sparkling Keith Zars black bottom pool and spa with waterfall!!! They're heated for family pleasure and entertaining all year round!!!
Unit Size
2,152 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$107
Property Type
House
Property Taxes
$360
HOA Dues
$98
Year Built
2007

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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: 6 months ago (LERA #1087308)

Price History

Date / Event Date Event Price
Jan 28, 2015 Sold
Premium
Sold
Nov 11, 2014 Listed by Realty Executives Of S.A. $229,900
Listed by Realty Executives Of S.A.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,686
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,532
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELMONT PARK UNIT #8
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BELMONT PARK UNIT #8 BLOCK 42 LOT 24 50.00000% UNDIVIDED INTEREST

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210713

Geography

  • Subdivision Tract Number: 24
  • Parcel: 1G0258-8042-02400-0-00
  • Block: 42
  • Lot: 24
  • Municipality: SCHERTZ
  • Latitude: 29.6173
  • Longitude: -98.2472

    Address

  • Full Address: 2700 Sterling Way
  • Address - House Number: 2700
  • Address - Street Name: Sterling
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Schertz
  • Carrier Code: R012
  • 4-Digit Zip Code: 2347
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $301,941
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 315,838
  • High Value: 385,753
  • Low Value: 245,922

    Market Valuation

  • Market Total Value: $161,204
  • Market Land Value: $26,552
  • Market Improvement Value: $134,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,881
  • Assessed Land Value: $26,552
  • Assessed Improvements Value: $134,652

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2015
  • Current Sale Recording Date: Jan 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015001752
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Contract Date: Aug 24, 2007
  • Previous Sale Amount: $246,300
  • 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:

$331,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2309 ft²

Average Home Age

17.3 years

Currently For Sale

318 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 473 Turning Stone, Cibolo, TX, 78108

$2,995 /mo

  • 5 Beds
  • 4 Baths
  • 3,421 ft²
473 Turning Stone, Cibolo, TX, 78108 Listing by Chrissy Caputo
Unit for rent at 5708 Mahogany Bay, Schertz, TX, 78108

$1,895 /mo

  • 4 Beds
  • 2 Baths
  • 2,372 ft²
5708 Mahogany Bay, Schertz, TX, 78108 Listing by Esmeralda Mcgee

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: T. Richard Price, Realty Executives Of S.A.
Last Updated: 6 months ago
Data Source: LERA, MLS# 1087308
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 2700 Sterling Way built and last sold?
The property at 2700 Sterling Way was built in 2007 and last sold on Jan 28, 2015 for $156,300.
How much is this home worth?
The estimated value of the home located at 2700 Sterling Way is $232,630.
What are some comparable homes to 2700 Sterling Way?
There are currently no comparable homes to 2700 Sterling Way.
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