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New Braunfels 78132 Magnolia Springs
349 Maple Way
$232,000
● House - Off Market

349 Maple Way

New Braunfels, TX 78132
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,774 Ft²
$322,335
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Beautiful UPGRADED Lennar home**NEW AC and Furnace with warranty**Lots of newer upgrades including WATER HEATER**WATER SOFTENER with a whole house CARBON FILTER**WOOD floors in LIVING ROOM and ALL BEDROOMS**SPRINKLER SYSTEM**Great layout with GRANITE in the Kitchen with BREAKFAST BAR**FORMAL DINING room can also be used as a perfect OFFICE space**FRESH PAINT**Why buy basic and smaller when you can have more space with all the upgrades.
Unit Size
1,774 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$130
Property Type
House
Property Taxes
$384
HOA Dues
$25
Year Built
2010

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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: 6 months ago (LERA #1428149)

Price History

Date / Event Date Event Price
Jun 2, 2020 Sold
Premium
Sold
Dec 9, 2019 Listed by Phillips & Associates Realty $229,900
Listed by Phillips & Associates Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 13
  • 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: 8,276
  • Total Building Area: 2,194
  • Gross Building Area: 2,224
  • Building Area: 1,774
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,774
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA SPRINGS 1
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MAGNOLIA SPRINGS 1, BLOCK 19, LOT 5

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310804

Geography

  • Parcel: 149934
  • Block: 19
  • Lot: 5
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.6562
  • Longitude: -98.1963

    Address

  • Full Address: 349 Maple Way
  • Address - House Number: 349
  • Address - Street Name: Maple
  • Address - Suffix Type: Way
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R042
  • 4-Digit Zip Code: 4879
  • Zip Code: 78132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,998
  • Tax Rate Code Area: CNB

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 327,534
  • High Value: 405,325
  • Low Value: 249,742

    Market Valuation

  • Market Total Value: $325,280
  • Market Land Value: $65,000
  • Market Improvement Value: $260,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,280
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $260,280

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202006020508
  • Previous Sale Recording Date: Mar 24, 2017
  • Previous Sale Contract Date: Feb 24, 2017
  • Previous Sale Amount: $219,700
  • Previous Sale Document Type: 70
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 Magnolia Springs

Stats & Trends

Median Asking:

$297,000

Sale Price/ft²

$142

Below Asking

0.01%

Average Days on Market

80

Average Home Size

2103 ft²

Average Home Age

14 years

Currently For Sale

3 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

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LERA

Listed by: Buffy Jo Carr, Phillips & Associates Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1428149
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 349 Maple Way built and last sold?
The property at 349 Maple Way was built in 2010 and last sold on Jun 1, 2020 for $230,900.
How much is this home worth?
The estimated value of the home located at 349 Maple Way is $232,514.
What are some comparable homes to 349 Maple Way?
There are currently no comparable homes to 349 Maple Way.
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