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Kendall 78006 Coveney Ranch
429 Horizon Crest
$461,000
● House - Off Market

429 Horizon Crest

Boerne, TX 78006
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,949 Ft²
$1,078,275
RealtyHop Estimate
111.43%
Since Apr 1, 2009
National-US
Primary Model

About This Property

Looking for a home great for entertaining and magnificent views. This well maintained home with open floor plan will suit you nicely. Granite countertops grace the kitchen which opens to the family area with rock fireplace and hill country views from the rear deck. Downstairs master bedroom offers abundance of space with adjoining bath. Enjoy the upstairs gameroom with adjoining gathering area with wetbar with great hill country views from deck.
Unit Size
4,949 Ft²
Days on Market
-
Land Size
3.32 acres
Price per sqft
$103
Property Type
House
Property Taxes
$1,241
HOA Dues
$50
Year Built
2005

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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 #740718)

Price History

Date / Event Date Event Price
Mar 26, 2009 Sold
Premium
Sold
Aug 27, 2008 Listed by Bradfield Properties, REALTORS $510,000
Listed by Bradfield Properties, REALTORS

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 713
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 144,619
  • Total Building Area: 5,662
  • Gross Building Area: 6,103
  • Building Area: 4,949
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,949
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COVENEY RANCH SUBDIV
  • Land Acres: 0000003320
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: COVENEY RANCH SUBDIV UNIT #2B BLK 7 LOT 16, 3.32 ACRES UNIT #2B

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970403

Geography

  • Assessors Map Reference: 1-5155-22070160
  • Parcel: 45935
  • Block: 7
  • Lot: 16
  • Municipality: BOERNE
  • Latitude: 29.8293
  • Longitude: -98.5972

    Address

  • Full Address: 429 Horizon Crst
  • Address - House Number: 429
  • Address - Street Name: Horizon
  • Address - Suffix Type: Crst
  • State: TX
  • City Name: Boerne
  • Carrier Code: H077
  • 4-Digit Zip Code: 6078
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,070,056
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 66
  • Final Value: 1,566,814
  • High Value: 1,940,385
  • Low Value: 1,193,243

    Market Valuation

  • Market Total Value: $1,253,620
  • Market Land Value: $432,850
  • Market Improvement Value: $820,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $749,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2009
  • Current Sale Recording Date: Jun 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 241131
  • Previous Sale Recording Date: Jun 04, 2009
  • Previous Sale Contract Date: Mar 31, 2009
  • 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 Coveney Ranch

Stats & Trends

Median Asking:

$1,112,500

Sale Price/ft²

$221

Above Asking

0.00%

Average Days on Market

65

Average Home Size

2357 ft²

Average Home Age

11 years

Currently For Sale

1 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: Diana Lucas, Bradfield Properties, REALTORS
Last Updated: 6 months ago
Data Source: LERA, MLS# 740718
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 429 Horizon Crest built and last sold?
The property at 429 Horizon Crest was built in 2005 and last sold on Mar 31, 2009 for $460,000.
How much is this home worth?
The estimated value of the home located at 429 Horizon Crest is $515,100.
What are some comparable homes to 429 Horizon Crest?
There are currently no comparable homes to 429 Horizon Crest.
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