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Schertz 78154
2813 CEDAR LANE
$115,000
● House - Off Market

2813 CEDAR LANE

Schertz, TX 78154
bedrooms
3 Beds
bathrooms
2 Baths
$224,102
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

FORECLOSURE TO BE SOLD IN 'AS IS' CONDITION.  CALL FOR ADDENDUM - PROOF OF FUNDS OR PRE-QUALIFICATION LETTER REQUIRED ON ALL OFFERS -  APPROX. 1648 SQ. FT. - INGROUND POOL AND SPA - END OF CUL-DE-SAC.  GREAT CURB APPEAL  EARNEST MONEY FIDELITY TITLE CO.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$268
HOA Dues
$14
Year Built
1987

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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 #539534)

Price History

Date / Event Date Event Price
Jul 22, 2005 Sold
Premium
Sold
May 18, 2005 Listed by Abaca Homes, LLC $126,900
Listed by Abaca Homes, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 8
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 10,589
  • Total Building Area: 2,108
  • Gross Building Area: 2,128
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HORSESHOE OAKS #1
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 10 BLK: 3 ADDN: HORSESHOE OAKS #1

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210710

Geography

  • Assessors Map Reference: 521-D7
  • Parcel: 1G1450-1003-01000-0-00
  • Block: 3
  • Lot: 10
  • Municipality: SCHERTZ
  • Latitude: 29.5795
  • Longitude: -98.2705

    Address

  • Full Address: 2813 Cedar Ln
  • Address - House Number: 2813
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Schertz
  • Carrier Code: C008
  • 4-Digit Zip Code: 2775
  • Zip Code: 78154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,048
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 330,452
  • High Value: 404,330
  • Low Value: 256,574

    Market Valuation

  • Market Total Value: $280,157
  • Market Land Value: $36,831
  • Market Improvement Value: $243,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,117
  • Assessed Land Value: $36,831
  • Assessed Improvements Value: $243,326

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2007
  • Current Sale Recording Date: Jul 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 07-14712
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $129,400
  • 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:

$335,000

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2300 ft²

Average Home Age

17.9 years

Currently For Sale

317 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 100 Howard Dr, Schertz, TX, 78154

$2,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,476 ft²
100 Howard Dr, Schertz, TX, 78154 Listing by Annie Slaats

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: William Wise, Abaca Homes, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 539534
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 2813 Cedar Lane built and last sold?
The property at 2813 Cedar Lane was built in 1987 and last sold on May 22, 2007 for $142,500.
How much is this home worth?
The estimated value of the home located at 2813 Cedar Lane is $128,169.
What are some comparable homes to 2813 Cedar Lane?
There are currently no comparable homes to 2813 Cedar Lane.
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