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Fair Oaks Ranch 78015 Fair Oaks Ranch
28222 Royal Ascot
$145,000
● Land - Off Market

28222 Royal Ascot

Boerne, TX 78015
bedrooms
Studio
bathrooms
0 Bath
$216,444
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Come build your custom dream home on a coveted acreage lot in Fair Oaks Ranch.  You'll enjoy beautiful views, privacy, mature oak trees, highly rated schools, and room to spread out and savor life. For horse enthusiasts, there are miles of bridle paths waiting for you!  This is a must see lot in a terrific area of the Fair Oaks Country Club community - Golf/Tennis/Pool
Unit Size
-
Days on Market
-
Land Size
1.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$188
HOA Dues
$4
Year Built
-

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: 6 months ago (LERA #1360728)

Price History

Date / Event Date Event Price
Dec 9, 2019 Sold
Premium
Sold
Jan 26, 2019 Listed by Texas Premier Realty $147,979
Listed by Texas Premier 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: 54,929
  • 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: FAIR OAKS RANCH
  • Land Acres: 0000001261
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: CB 4709C BLK LOT 135

Neighborhood

  • School District Name: Boerne Independent School District
  • School Tax School District: 61
  • Census Tract: 182101

Geography

  • Assessors Map Reference: 447D2
  • Subdivision Tract Number: 135
  • Parcel: 04709-300-1350
  • Block: 300
  • Lot: 135
  • Municipality: FAIR OAKS RANCH
  • Latitude: 29.7192
  • Longitude: -98.6447

    Address

  • Full Address: 28222 Royal Ascot Dr
  • Address - House Number: 28222
  • Address - Street Name: Royal Ascot
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Boerne
  • Carrier Code: R014
  • 4-Digit Zip Code: 4650
  • Zip Code: 78015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,107
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 61

    Market Valuation

  • Market Total Value: $217,520
  • Market Land Value: $217,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,520
  • Assessed Land Value: $217,520

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50184
  • Previous Sale Recording Date: Dec 09, 2019
  • Previous Sale Contract Date: Dec 09, 2019
  • 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 Fair Oaks Ranch

Stats & Trends

Median Asking:

$769,000

Sale Price/ft²

$234

Below Asking

0.04%

Average Days on Market

66

Average Home Size

3625 ft²

Average Home Age

33 years

Currently For Sale

28 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 27305 Paraiso Manor, Boerne, TX, 78015

$1,845 /mo

  • 3 Beds
  • 2 Baths
  • 1,427 ft²
27305 Paraiso Manor, Boerne, TX, 78015 Listing by Shannon Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Kim Schmit, Texas Premier Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1360728
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 28222 Royal Ascot built and last sold?
The property at 28222 Royal Ascot was built in and last sold on Feb 25, 2022 for $142,975.
How much is this home worth?
The estimated value of the home located at 28222 Royal Ascot is $149,459.
What are some comparable homes to 28222 Royal Ascot?
There are currently no comparable homes to 28222 Royal Ascot.
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