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Fair Oaks Ranch 78015 Fair Oaks Ranch
29724 MELLOW WIND
$630,000
● House - Off Market

29724 MELLOW WIND

Fair Oaks Ranch, TX 78015
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,418 Ft²
$1,229,026
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

DRASTICALLY REDUCED in PRICE!! Entertainers delight!!!!!One of the best landsdcaped back yards in Fair Oaks to include pool,spa,palm trees,flowers and privacy.Lots of storage,loft/game room,study,exercise room off of master bedroom,plantation shutters,granite counter tops with large island,breakfast bar and counter,wood,tile and carpet flooring.Master down as well as secondary bedroom down could be used as maids quarters.A must see ..........
Unit Size
4,418 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$147
Property Type
House
Property Taxes
$929
HOA Dues
$4
Year Built
1998

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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 #710203)

Price History

Date / Event Date Event Price
Jul 23, 2008 Sold
Premium
Sold
Mar 20, 2008 Listed by Keller Williams City-View $649,900
Listed by Keller Williams City-View

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 636
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 5,172
  • Gross Building Area: 5,172
  • Building Area: 4,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS RANCH UN S
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CB 4741A BLK - LOT 415 FAIR OAKS RANCH UT-S

Neighborhood

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

Geography

  • Assessors Map Reference: 413E7
  • Subdivision Tract Number: 415
  • Parcel: 04741-100-4150
  • Block: 100
  • Lot: 415
  • Municipality: FAIR OAKS RANCH
  • Latitude: 29.7414
  • Longitude: -98.6315

    Address

  • Full Address: 29724 Mellow Wind Dr
  • Address - House Number: 29724
  • Address - Street Name: Mellow Wind
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Boerne
  • Carrier Code: R012
  • 4-Digit Zip Code: 4567
  • Zip Code: 78015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,622,439
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 899,122
  • High Value: 1,056,829
  • Low Value: 741,415

    Market Valuation

  • Market Total Value: $1,000,000
  • Market Land Value: $148,160
  • Market Improvement Value: $851,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $883,300
  • Assessed Land Value: $148,160
  • Assessed Improvements Value: $851,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2019
  • Current Sale Recording Date: Apr 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20190071798
  • Previous Sale Recording Date: Jul 25, 2008
  • Previous Sale Contract Date: Jul 21, 2008
  • Previous Sale Amount: $669,400
  • 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 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

3607 ft²

Average Home Age

32.6 years

Currently For Sale

29 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

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LERA

Listed by: Dave Wagner, Keller Williams City-View
Last Updated: 6 months ago
Data Source: LERA, MLS# 710203
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 29724 Mellow Wind Drive built and last sold?
The property at 29724 Mellow Wind Drive was built in 1998 and last sold on Apr 19, 2019 for $640,900.
How much is this home worth?
The estimated value of the home located at 29724 Mellow Wind Drive is $658,381.
What are some comparable homes to 29724 Mellow Wind Drive?
There are currently no comparable homes to 29724 Mellow Wind Drive.
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