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Comal 78163 Saddleridge
3141 Elk River Trail
$47,900
● Land - Off Market

3141 Elk River Trail

Bulverde, TX 78163
bedrooms
Studio
bathrooms
0 Bath
square feet
66,211 Ft²
$93,130
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Located in the popular Saddleridge Subdivision of Bulverde.  This beautifully treed lot is located on a Cul-De-Sac.  Easy access to the freeways, partially cleared and utilities are available.
Unit Size
66,211 Ft²
Days on Market
-
Land Size
1.52 acres
Price per sqft
$1
Property Type
Land
Property Taxes
$85
HOA Dues
$27
Year Built
2015

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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 #1085060)

Price History

Date / Event Date Event Price
Nov 20, 2014 Sold
Premium
Sold
Oct 27, 2014 Listed by River Valley Real Estate Co. $49,900
Listed by River Valley Real Estate Co.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 574
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,212
  • Total Building Area: 3,114
  • Gross Building Area: 3,354
  • Building Area: 2,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SADDLERIDGE 1
  • Land Acres: 0000001520
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SADDLERIDGE 1, BLOCK 1, LOT 72

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: ES5 FLC SCIS
  • Census Tract: 310705

Geography

  • Assessors Map Reference: 92-A8
  • Parcel: 54320
  • Block: 1
  • Lot: 72
  • Municipality: BULVERDE
  • Latitude: 29.7463
  • Longitude: -98.4348

    Address

  • Full Address: 3141 Elk River Trl
  • Address - House Number: 3141
  • Address - Street Name: Elk River
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Bulverde
  • Carrier Code: H051
  • 4-Digit Zip Code: 2227
  • Zip Code: 78163

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,320,513
  • Tax Rate Code Area: ES5

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 647,875
  • High Value: 800,801
  • Low Value: 494,949

    Market Valuation

  • Market Total Value: $763,920
  • Market Land Value: $151,280
  • Market Improvement Value: $612,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $763,920
  • Assessed Land Value: $151,280
  • Assessed Improvements Value: $612,640

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2018
  • Current Sale Recording Date: Apr 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201806015828
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 Saddleridge

Stats & Trends

Median Asking:

$849,900

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

34

Average Home Size

3586 ft²

Average Home Age

15.8 years

Currently For Sale

6 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 29532 Autumn Copper, Bulverde, TX, 78163

$2,850 /mo

  • 4 Beds
  • 3 Baths
  • 2,771 ft²
29532 Autumn Copper, Bulverde, TX, 78163 Listing by JoAnn Benavente

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Travis Reed, River Valley Real Estate Co.
Last Updated: 5 months ago
Data Source: LERA, MLS# 1085060
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 3141 Elk River Trail built and last sold?
The property at 3141 Elk River Trail was built in 2015 and last sold on Apr 24, 2018 for $440,500.
How much is this home worth?
The estimated value of the home located at 3141 Elk River Trail is $50,399.
What are some comparable homes to 3141 Elk River Trail?
There are currently no comparable homes to 3141 Elk River Trail.
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