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Schertz 78154
2701 CEDAR LANE
$110,000
● House - Off Market

2701 CEDAR LANE

Schertz, TX 78154
bedrooms
3 Beds
bathrooms
2 Baths
$203,216
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

Absolutely Georgeous!  Must See This 4-Sided Brick, Nicely Landscaped Gem Nestled in the Heart of Schertz--Tile Flooring/Countertops--Vaulted Ceilings w/Celestrial Windows--Beautiful Stone Fireplace--Storage Shed--Backyard Perfect Escape for Quiet Evenings--Short Walk to Pool, Tennis, V-Ball, Walking Trail--Easy Access to Randolph, IH 35, 1604, Fm 78, HEB, New Super WalMart, Forum & Garden Ridge Shopping--Ready for Quick Move-In--Without Question, an Awesome Home for an Awesome Price!! 1467 sf per Builder
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$216
HOA Dues
$15
Year Built
1984

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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 #529362)

Price History

Date / Event Date Event Price
Apr 21, 2005 Sold
Premium
Sold
Mar 15, 2005 Listed by Simmonds Real Estate Inc. $110,900
Listed by Simmonds Real Estate Inc.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 1,834
  • Gross Building Area: 1,970
  • Building Area: 1,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,454
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HORSESHOE OAKS #1
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 20 BLK: 3 ADDN: HORSESHOE OAKS #1

Neighborhood

  • School District Name: San Marcos Consolidated Independent School District
  • Census Tract: 210710

Geography

  • Assessors Map Reference: 521-D7
  • Parcel: 1G1450-1003-02000-0-00
  • Block: 3
  • Lot: 20
  • Municipality: SCHERTZ
  • Latitude: 29.5781
  • Longitude: -98.2695

    Address

  • Full Address: 2701 Cedar Ln
  • Address - House Number: 2701
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Schertz
  • Carrier Code: C008
  • 4-Digit Zip Code: 2706
  • Zip Code: 78154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,757
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 274,763
  • High Value: 340,304
  • Low Value: 209,223

    Market Valuation

  • Market Total Value: $219,419
  • Market Land Value: $29,336
  • Market Improvement Value: $190,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,419
  • Assessed Land Value: $29,336
  • Assessed Improvements Value: $190,083

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2012
  • Current Sale Recording Date: Nov 07, 2012
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 12-021509
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Contract Date: Apr 21, 2005
  • Previous Sale Amount: $110,000
  • 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 Schertz

Stats & Trends

Median Asking:

$331,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2308 ft²

Average Home Age

17.3 years

Currently For Sale

316 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: Stephen Malouff, Simmonds Real Estate Inc.
Last Updated: 6 months ago
Data Source: LERA, MLS# 529362
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 2701 Cedar Lane built and last sold?
The property at 2701 Cedar Lane was built in 1984 and last sold on Oct 31, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 2701 Cedar Lane is $112,009.
What are some comparable homes to 2701 Cedar Lane?
There are currently no comparable homes to 2701 Cedar Lane.
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