$259,700
●
House -
Off Market
327 SUMMIT
Lakehills, TX 78063
4 Beds
2 Baths
2,093 Ft²
$463,159
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model
About This Property
MEDINA LK ACCESSwith Hillcountry AustinStone custom home in gated
community. Rooms are cable, audio, ethernet wired. Tile floors,
bamboo floors in livingroom. Deck,hot tub,saltwater abv.grnd pool.
12 x 24 shop/storage, circular drive, mature tree covered 5 acres
and hillcountry views. kitchen appliances convey.Agents must be
present at all showings.
Unit Size
2,093 Ft²
Days on Market
-
Land Size
5.05 acres
Price per sqft
$119
Property Type
House
Property Taxes
$314
HOA Dues
$10
Year Built
2000
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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 #708254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2024 | No longer available | - | |
| No longer available | |||
| Sep 5, 2023 | Price Decreased |
$430,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Jun 28, 2023 | Listed by Keller Williams Heritage | $445,000 | |
| Listed by Keller Williams Heritage | |||
| | |||
|
This beautiful 1 story Hill Country home is located in a gated neighborhood with Medina Lake access and a park. The house sits on a flat 5 acre lot with many mature trees which tucks the home away from the road. Wonderful open floor plan, stone fireplace, high ceilings with beams, plenty of natural light, and also a new water softener system. The kitchen features a down draft smooth cooktop and large breakfast bar which opens into the living room. Outside has a large deck for entertaining, fire pit, and a large storage shed. The manager has listed the unit size as 2093 square feet.
| |||
| Oct 23, 2015 | Sold | ||
| Sold | |||
| Aug 24, 2015 | Listed by RE/MAX North-San Antonio | $269,000 | |
| Listed by RE/MAX North-San Antonio | |||
| | |||
|
$5,000 BUYER INCENTIVE! Gated neighborhood with Medina Lake access & park! This beautiful 1 story Hill Country Home sits on a heavily treed 5 acre lot secluded from the road. Wonderful open floor plan with high ceilings & a split master bedroom. The chef's kitchen features a down draft smooth top & large breakfast bar. Large living area with a handsome rock fireplace. The master bedroom has a walk-in closet & luxury bath with a whirlpool tub! Huge deck area! Fire pit! Large storage shed! See this one today!
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lakehills
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Listed by: Karen Ripley, Karen Ripley Real Estate Mgmt.
Last Updated: 5 months ago
Data Source: LERA, MLS# 708254
Last Updated: 5 months ago
Data Source: LERA, MLS# 708254
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