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Comal 78070 Mystic Shores
415 MEXICAN HAT DR
$450,000
● House - Off Market

415 MEXICAN HAT DR

Spring Branch, TX 78070
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,421 Ft²
$798,683
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

WOW!! This house has it all! Custom Built home on 3 ACRES nestled in the QUIET HILL COUNTRY. Property is GATED. 1.5 stories, ALL BEDROOMS ARE DOWN in addition to study/office.  Open Kitchen & Living with Huge Fireplace, Plus an additional Living area. Large Family room/Game Room, Half Bath plus separate media room (would make a great MAN CAVE) are only rooms up!  Numerous upgrades, gorgeous WOOD floors, open floor plan. 3 CAR GARAGE! Huge 34x13 Covered patio. 2 Horses allowed & you can build a barn/shed.
Unit Size
3,421 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$132
Property Type
House
Property Taxes
$555
HOA Dues
$26
Year Built
2013

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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 #1125965)

Price History

Date / Event Date Event Price
Aug 25, 2015 Sold
Premium
Sold
Jul 9, 2015 Listed by Keller Williams Legacy $450,000
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 642
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 3,389
  • Gross Building Area: 3,795
  • Building Area: 2,747
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,747
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MYSTIC SHORES 12
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MYSTIC SHORES 12, LOT 1478

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS ZZZ
  • Census Tract: 310603

Geography

  • Assessors Map Reference: 286-A8
  • Parcel: 138240
  • Lot: 1478
  • Municipality: SPRING BRANCH
  • Latitude: 29.9546
  • Longitude: -98.3336

    Address

  • Full Address: 415 Mexican Hat Dr
  • Address - House Number: 415
  • Address - Street Name: Mexican Hat
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H007
  • 4-Digit Zip Code: 5055
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,901
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 733,895
  • High Value: 907,126
  • Low Value: 560,664

    Market Valuation

  • Market Total Value: $749,210
  • Market Land Value: $177,190
  • Market Improvement Value: $572,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $558,261

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2015
  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201506034892
  • Previous Sale Recording Date: May 05, 2005
  • Previous Sale Contract Date: Apr 06, 2005
  • Previous Sale Amount: $49,900
  • Previous Sale Document Type: 71
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 West Canyon Lake

Stats & Trends

Median Asking:

$569,900

Sale Price/ft²

$244

Below Asking

0.04%

Average Days on Market

95

Average Home Size

3177 ft²

Average Home Age

9.7 years

Currently For Sale

88 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 365 Warbler Dr, Spring Branch, TX, 78070

$3,850 /mo

  • 3 Beds
  • 2 Baths
  • 2,285 ft²
365 Warbler Dr, Spring Branch, TX, 78070 Listing by Sari Pearce
Unit for rent at 1848 Tanglewood Trl, Spring Branch, TX, 78070

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,773 ft²
1848 Tanglewood Trl, Spring Branch, TX, 78070 Listing by Dustin Tucker

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Barbara del Amo, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 1125965
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 415 Mexican Hat Drive built and last sold?
The property at 415 Mexican Hat Drive was built in 2013 and last sold on Aug 25, 2015 for $450,000.
How much is this home worth?
The estimated value of the home located at 415 Mexican Hat Drive is $479,548.
What are some comparable homes to 415 Mexican Hat Drive?
There are currently no comparable homes to 415 Mexican Hat Drive.
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