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Blanco 78606
448 Divide Pass
$175,125 Last Listed Price
● House - Off Market

448 Divide Pass

Blanco, TX 78606
bedrooms
Studio
bathrooms
0 Bath
$239,875
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Great views are noted from possible building sites at the Western edge of Divide Pass Road. The Western border of the property includes significant elevation changes. Tree cover includes predominately Live Oaks and Cedar trees. Electricity is on site. The property has good quality fence on three sides. The property is approximately 8 miles from Blanco Texas and 10 miles from Wimberley Texas, in the heart of the Texas Hill Country The property is currently under agricultural exemption. Current survey was performed on July 8, 2020. The uses include agricultural, hunting, and recreational uses.
Unit Size
-
Days on Market
-
Land Size
14.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
2000

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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: 3 years ago (HAR #65737322)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by TexasRanch Brokers, LLC $175,125
Listed by TexasRanch Brokers, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 1,605,186
  • Lot Size Frontage Feet: 0
  • Total Building Area: 612
  • Gross Building Area: 612
  • Building Area: 612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 612
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURVEY 44 SUSAN BRIGHAM
  • Land Acres: 0000036850
  • Standard Land Use Code: 1000
  • County Land Use Code: E1
  • Legal Description 1: ABS A0090 SURVEY 44 SUSAN BRIGHAM,ACRES 36.8500

Neighborhood

  • School District Name: Blanco Independent School District
  • Census Tract: 950201

Geography

  • Account Number: 440010012516
  • Parcel: R11229
  • Municipality: BLANCO
  • Latitude: 30.1333
  • Longitude: -98.2906

    Address

  • Full Address: 448 Divide Pass
  • Address - House Number: 448
  • Address - Street Name: Divide
  • Address - Suffix Type: Pass
  • State: TX
  • City Name: Blanco
  • Zip Code: 78606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,153
  • Tax Rate Code Area: FBL GBL GW

    Appraisal Valuation

  • Standard Deviation: 0.4451
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 384,920
  • High Value: 556,265
  • Low Value: 213,574

    Market Valuation

  • Market Total Value: $530,490
  • Market Land Value: $515,900
  • Market Improvement Value: $14,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,350
  • Assessed Land Value: $2,760
  • Assessed Improvements Value: $14,590
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 Blanco

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$269

Below Asking

0.03%

Average Days on Market

109

Average Home Size

2411 ft²

Average Home Age

18 years

Currently For Sale

189 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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HAR

Listed by: Michael Bacon, TexasRanch Brokers, LLC
Last Updated: 3 years ago
Data Source: HAR , MLS# 65737322
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 448 Divide Pass built and last sold?
The property at 448 Divide Pass was built in 2000 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 448 Divide Pass is $0.
What are some comparable homes to 448 Divide Pass?
There are currently no comparable homes to 448 Divide Pass.
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