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New Braunfels 78132 Mission Hills Ranch
3247 ESPADA
$185,000
● House - Off Market

3247 ESPADA

New Braunfels, TX 78132
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,182 Ft²
$383,671
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

This is a short sale in the Mission Hills Area. Great buy with huge game room and big yard overlooking the woods.Please be patience this process can take from 35-60 days before approval.Thank you.
Unit Size
3,182 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$58
Property Type
House
Property Taxes
$436
HOA Dues
$81
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #761924)

Price History

Date / Event Date Event Price
May 1, 2009 Sold
Premium
Sold
Jan 20, 2009 Listed by Keller Williams City-View $185,000
Listed by Keller Williams City-View

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,710
  • Total Building Area: 3,602
  • Gross Building Area: 3,807
  • Building Area: 3,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,182
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MISSION HILLS RANCH 4
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MISSION HILLS RANCH 4, BLOCK A, LOT 14

Neighborhood

  • School District Name: New Braunfels Independent School District
  • School Tax School District: FLC SNBI ZZZ
  • Census Tract: 310707

Geography

  • Assessors Map Reference: 117-A1
  • Parcel: 132308
  • Block: A
  • Lot: 14
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.7356
  • Longitude: -98.2069

    Address

  • Full Address: 3247 Espada
  • Address - House Number: 3247
  • Address - Street Name: Espada
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R033
  • 4-Digit Zip Code: 2902
  • Zip Code: 78132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $828,347
  • Tax Rate Code Area: NBI

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 507,272
  • High Value: 628,054
  • Low Value: 386,490

    Market Valuation

  • Market Total Value: $479,770
  • Market Land Value: $109,250
  • Market Improvement Value: $370,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,770
  • Assessed Land Value: $109,250
  • Assessed Improvements Value: $370,520

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 202106011317
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Dec 31, 2020
  • Previous Sale Amount: $185,100
  • Previous Sale Document Type: 68
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 Mission Hills Ranch

Stats & Trends

Median Asking:

$412,500

Sale Price/ft²

$167

Below Asking

0.05%

Average Days on Market

69

Average Home Size

2488 ft²

Average Home Age

16.7 years

Currently For Sale

13 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

Rentals Near You

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LERA

Listed by: Bruce Mays, Keller Williams City-View
Last Updated: 5 months ago
Data Source: LERA, MLS# 761924
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 3247 Espada built and last sold?
The property at 3247 Espada was built in 2006 and last sold on Dec 31, 2020 for $185,100.
How much is this home worth?
The estimated value of the home located at 3247 Espada is $208,279.
What are some comparable homes to 3247 Espada?
There are currently no comparable homes to 3247 Espada.
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