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Kendall 78006 Tapatio Springs
431 PARADISE POINT DR
$65,000
● Land - Off Market

431 PARADISE POINT DR

Boerne, TX 78006
bedrooms
Studio
bathrooms
0 Bath
$127,161
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

1/3 acre lot with awesome views; gated resort community of Tapatio Springs that provides a lifestyle of outdoor living and relaxation just minutes from Boerne and from SA.  Build your dream home in this upscale community that has a 18 hole Championship golf course, biking, tennis, restaurant, exercise facilities, swimming pool, a private clubhouse & more. Come see this lot and start planning your dream home.  You pick your builder. It is 6-10 degrees cooler than SA and no city taxes!
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$138
HOA Dues
$86
Year Built
-

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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 #831558)

Price History

Date / Event Date Event Price
Oct 2, 2017 Sold
Premium
Sold
Apr 12, 2010 Listed by Premier Realty Group Platinum $80,000
Listed by Premier Realty Group Platinum

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TAPATIO SPRINGS
  • Land Acres: 0000000340
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: TAPATIO SPRINGS UNIT 14 BLK 1 LOT 2, 0.34 ACRES UNIT 14

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970302

Geography

  • Assessors Map Reference: 1-5758-14010020
  • Parcel: 41764
  • Block: 1
  • Lot: 2
  • Municipality: BOERNE
  • Latitude: 29.7733
  • Longitude: -98.8025

    Address

  • Full Address: 431 Paradise Pt
  • Address - House Number: 431
  • Address - Street Name: Paradise
  • Address - Suffix Type: Pt
  • State: TX
  • City Name: Boerne
  • Carrier Code: R019
  • 4-Digit Zip Code: 9402
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $197,418
  • Tax Rate Code Area: WCC

    Market Valuation

  • Market Total Value: $125,640
  • Market Land Value: $125,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,640
  • Assessed Land Value: $125,640

    Sales

  • Current Sale Contract Date: Sep 18, 2017
  • Current Sale Recording Date: Oct 02, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 351498
  • Previous Sale Recording Date: Jan 12, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • 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 Tapatio Springs

Stats & Trends

Median Asking:

$740,000

Sale Price/ft²

$263

Below Asking

0.04%

Average Days on Market

90

Average Home Size

2768 ft²

Average Home Age

16.8 years

Currently For Sale

20 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: Ruby Casteel, Premier Realty Group Platinum
Last Updated: 5 months ago
Data Source: LERA, MLS# 831558
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 431 Paradise Point Drive built and last sold?
The property at 431 Paradise Point Drive was built in and last sold on Sep 18, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 431 Paradise Point Drive is $80,800.
What are some comparable homes to 431 Paradise Point Drive?
There are currently no comparable homes to 431 Paradise Point Drive.
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