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Kerrville 78028
3408 COMANCHE DR
$81,900
● Land - Off Market

3408 COMANCHE DR

Kerrville, TX 78028
bedrooms
Studio
bathrooms
0 Bath
$141,215
RealtyHop Estimate
68.80%
Since Oct 1, 2006
National-US
Primary Model

About This Property

HOA Info & School Taxes To Follow * Bidding Procedures & Contract Addenda Can Be Obtained At www.bidselect.com * Registration Is Free * Bid Results Will Be Sent To The E-Mail Address Provided At Registration * Restrictions & Utilities Should Be Confirmed By Buyer Prior To Bid Submission
Unit Size
-
Days on Market
-
Land Size
0.84 acres
Price per sqft
-
Property Type
Land
Property Taxes
$203
HOA Dues
$100
Year Built
2015

Payment Calculator

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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: 4 months ago (LERA #595230)

Price History

Date / Event Date Event Price
Sep 14, 2006 Sold
Premium
Sold
May 30, 2006 Listed by Century 21 United - A Epstein $83,660
Listed by Century 21 United - A Epstein

Property Highlights

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • 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: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,074
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,378
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,805
  • Gross Building Area: 5,597
  • Building Area: 3,805
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,805
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COMANCHE TRACE PH 1, SEC 7
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: COMANCHE TRACE PH 1, SEC 7 BLK D LOT 2

Neighborhood

  • School District Name: Kerrville Independent School District
  • School Tax School District: UGR WHU
  • Census Tract: 960700

Geography

  • Account Number: 3577-0040-002000
  • Parcel: 66425
  • Block: D
  • Lot: 2
  • Municipality: KERRVILLE
  • Latitude: 29.9882
  • Longitude: -99.1229

    Address

  • Full Address: 3408 Comanche Trace Dr
  • Address - House Number: 3408
  • Address - Street Name: Comanche Trace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Kerrville
  • Carrier Code: R019
  • 4-Digit Zip Code: 8068
  • Zip Code: 78028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,043,661
  • Tax Rate Code Area: CKV GKR RL

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 1,090,184
  • High Value: 1,345,954
  • Low Value: 834,415

    Market Valuation

  • Market Total Value: $880,112
  • Market Land Value: $86,680
  • Market Improvement Value: $793,432

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $880,112
  • Assessed Land Value: $86,680
  • Assessed Improvements Value: $793,432

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2016
  • Current Sale Recording Date: Nov 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 16-007317
  • Previous Sale Recording Date: Sep 30, 2011
  • Previous Sale Contract Date: Sep 30, 2011
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Kerrville

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$204

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2028 ft²

Average Home Age

38.5 years

Currently For Sale

92 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: Abie Epstein, Century 21 United - A Epstein
Last Updated: 4 months ago
Data Source: LERA, MLS# 595230
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 3408 Comanche Trace Drive built and last sold?
The property at 3408 Comanche Trace Drive was built in 2015 and last sold on Nov 3, 2016 for $950,900.
How much is this home worth?
The estimated value of the home located at 3408 Comanche Trace Drive is $84,497.
What are some comparable homes to 3408 Comanche Trace Drive?
There are currently no comparable homes to 3408 Comanche Trace Drive.
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