$675,000 Last Listed Price
●
House -
Off Market
3124 East Tower Circle
Santa Fe, TX 77517
5 Beds
4 Baths,
1
Half Bath
2,971 Ft²
$3,365
Est. Monthly
$50
HOA / Fees
5.42%
Cap Rate
About This Property
Welcome to this stunning new-build farmhouse situated on a lake lot
in Tower Road Estates, a gated community in Santa Fe, Texas. This
charming home offers 4-5 bedrooms, providing ample space for your
family and guests. The home boasts multiple closets throughout,
ensuring plenty of storage space for all your belongings.
Convenience is key with a utility room located just off the master
closet, making laundry a breeze. The split floor plan offers
privacy and separation between the primary suite and the other
bedrooms. As you head upstairs, you'll be greeted by a large game
room or 5th bedroom with a full private bath. This hidden gem also
features front and back porches adding charm and additional outdoor
living space. With the added peace of mind that comes from living
in a secure, gated community, this property provides an exceptional
opportunity to experience lakefront living at its finest. Don't
miss your chance to call this stunning residence your own –
schedule a tour today!
Unit Size
2,971 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
-
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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 (HAR #82939902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 26, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Keystone Realty Group | $675,000 | |
| Listed by Keystone Realty Group | |||
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by Reyes Realty Group, LLC | $105,000 | |
| Listed by Reyes Realty Group, LLC | |||
| | |||
|
WELCOME HOME!! COME BUILD YOUR CUSTOM DREAM HOME IN THIS GATED COMMUNITY TUCKED AWAY IN A SECLUDED PART OF SANTA FE!! YOU WILL ENJOY A COUNTRY FEEL ALL WHILE BEING CLOSE TO SCHOOLS, SHOPPING, AND DINING. THIS IS THE ONLY WATERFRONT PROPERTY FOR SALE. THIS HUGE CORNER LOT HAS WATER VIEWS ON ONE SIDE AND IN THE BACK. YOU WILL NEVER HAVE NEIGHBORS ON ONE SIDE OR BEHIND YOU. THE NEIGHBORHOOD BOASTS OF AN 8 ACRE LAKE WITH WALKING TRAILS ALL AROUND AND PLENTY OF GREEN SPACE TO ENJOY.
| |||
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Property Highlights
Garage
Fireplace
With View
Comparables
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Baths
ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About Galveston
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Listed by: Lauren Hooker, Keystone Realty Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 82939902
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Last Updated: 5 months ago
Data Source: HAR , MLS# 82939902
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