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Blanco 78636
308 Cactus Trail
$255,000
● Land - Off Market

308 Cactus Trail

Johnson City, TX 78636
bedrooms
Studio
bathrooms
0 Bath
$343,304
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

This beautiful 11 acre homesite is located in the Pedernales Ranch Estates subdivision just minutes outside of Johnson City, Texas. The property offers some stunning Hill Country views along with community river access. There is also a community park on the bank of the river. Conveniently located in the heart of the Texas Hill Country, offering easy access to wineries, parks, rivers, shopping, and less than an hour scenic drive from downtown Austin and San Antonio. Perfect location for your Hill Country Home!
Unit Size
-
Days on Market
-
Land Size
11.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$273
HOA Dues
$14
Year Built
-

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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 #1486406)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed by Topper Real Estate $259,000
Listed by Topper Real Estate

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: 479,160
  • Lot Size Frontage Feet: 0
  • 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: PEDERNALES RANCH ESTATES
  • Land Acres: 0000011000
  • Standard Land Use Code: 8000
  • County Land Use Code: E4
  • Legal Description 1: PEDERNALES RANCH ESTATES , BLK 4 , LOT 09 , ACRES 11.0

Neighborhood

  • School District Name: Johnson City Independent School District
  • Census Tract: 950101

Geography

  • Account Number: 8810000707
  • Subdivision Tract Number: 9
  • Parcel: R8140
  • Block: 4
  • Lot: 9
  • Municipality: SPRING BRANCH
  • Latitude: 30.326
  • Longitude: -98.4357

    Address

  • Full Address: 308 Cactus Trl
  • Address - House Number: 308
  • Address - Street Name: Cactus
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Johnson City
  • Zip Code: 78636

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,570
  • Tax Rate Code Area: GBL GWD NJ

    Market Valuation

  • Market Total Value: $288,750
  • Market Land Value: $288,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,750
  • Assessed Land Value: $288,750

    Sales

  • Current Sale Contract Date: Jul 17, 2014
  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 141776
  • Previous Sale Recording Date: Dec 07, 2005
  • Previous Sale Contract Date: Nov 30, 2005
  • 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 Blanco

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$264

Below Asking

0.03%

Average Days on Market

109

Average Home Size

2373 ft²

Average Home Age

18.8 years

Currently For Sale

188 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: Rodney Topper, Topper Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1486406
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 308 Cactus Trail built and last sold?
The property at 308 Cactus Trail was built in and last sold on Jul 17, 2014 for $0.
How much is this home worth?
The estimated value of the home located at 308 Cactus Trail is $261,590.
What are some comparable homes to 308 Cactus Trail?
There are currently no comparable homes to 308 Cactus Trail.
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