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Comal 78070 River Crossing
281 DRY HOLLOW
$49,000
● Land - Off Market

281 DRY HOLLOW

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$90,975
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Get your plans ready for a 'step out'!  This is the perfect lot for a spectacular architecht's plans!  You will have a great view of the valley and plenty of room to roam.
Unit Size
-
Days on Market
-
Land Size
1.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$15
Year Built
2017

Payment Calculator

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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 #632519)

Price History

Date / Event Date Event Price
Jun 28, 2007 Sold
Premium
Sold
Jan 20, 2007 Listed by RE/MAX Preferred, REALTORS $53,000
Listed by RE/MAX Preferred, REALTORS

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,588
  • Total Building Area: 3,325
  • Gross Building Area: 3,838
  • Building Area: 3,325
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER CROSSING 3
  • Land Acres: 0000001345
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: RIVER CROSSING 3, LOT 557, LIFE ESTATE LIFE ESTATE

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310703

Geography

  • Assessors Map Reference: 384-D5
  • Parcel: 104981
  • Lot: 557
  • Municipality: SPRING BRANCH
  • Latitude: 29.8096
  • Longitude: -98.4059

    Address

  • Full Address: 281 Dry Holw
  • Address - House Number: 281
  • Address - Street Name: Dry
  • Address - Suffix Type: Holw
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: R014
  • 4-Digit Zip Code: 4950
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $932,058
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 778,460
  • High Value: 963,813
  • Low Value: 593,108

    Market Valuation

  • Market Total Value: $809,860
  • Market Land Value: $147,840
  • Market Improvement Value: $662,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $623,973

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2007
  • Current Sale Recording Date: Jul 12, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 200706028929
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 River Crossing

Stats & Trends

Median Asking:

$862,500

Sale Price/ft²

$251

Below Asking

0.03%

Average Days on Market

88

Average Home Size

3751 ft²

Average Home Age

19.4 years

Currently For Sale

19 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: Debbie Acosta, RE/MAX Preferred, REALTORS
Last Updated: 5 months ago
Data Source: LERA, MLS# 632519
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 281 Dry Hollow built and last sold?
The property at 281 Dry Hollow was built in 2017 and last sold on Jun 20, 2007 for $49,000.
How much is this home worth?
The estimated value of the home located at 281 Dry Hollow is $53,530.
What are some comparable homes to 281 Dry Hollow?
There are currently no comparable homes to 281 Dry Hollow.
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