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Bulverde 78070
466 Farhills Dr
$40,000
● Land - Off Market

466 Farhills Dr

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$108,434
RealtyHop Estimate
119.06%
Since Nov 1, 2010
National-US
Primary Model

About This Property

Excellent Lot ready for mobile or site built home.  Conveniently located in the city of Bulverde just minutes to shopping, restaurants and schools.  Nice trees and Utilities in place makes this lot very attractive and ready to go.
Unit Size
-
Days on Market
-
Land Size
0.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$47
HOA Dues
$3
Year Built
2000

Payment Calculator

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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 #859119)

Price History

Date / Event Date Event Price
Oct 21, 2010 Sold
Premium
Sold
Sep 19, 2010 Listed by Keller Williams Legacy $49,500
Listed by Keller Williams Legacy

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKLAND ESTATES
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: OAKLAND ESTATES, LOT 22

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: ES4 FLC SCIS
  • Census Tract: 310702

Geography

  • Assessors Map Reference: AIR MAP: 5D
  • Parcel: 40875
  • Lot: 22
  • Municipality: CITY OF BULVERDE
  • Latitude: 29.8038
  • Longitude: -98.4403

    Address

  • Full Address: 466 Farhills Dr
  • Address - House Number: 466
  • Address - Street Name: Farhills
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: R017
  • 4-Digit Zip Code: 6712
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,798
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 120,321
  • High Value: 143,576
  • Low Value: 97,066

    Market Valuation

  • Market Total Value: $74,830
  • Market Land Value: $66,750
  • Market Improvement Value: $8,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,303

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 21, 2010
  • Current Sale Recording Date: Oct 26, 2010
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201006035672
  • Previous Sale Recording Date: Aug 10, 2007
  • Previous Sale Contract Date: Aug 03, 2007
  • Previous Sale Amount: $49,400
  • 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 Bulverde

Stats & Trends

Median Asking:

$539,928

Sale Price/ft²

$239

Below Asking

0.03%

Average Days on Market

67

Average Home Size

2829 ft²

Average Home Age

21.2 years

Currently For Sale

38 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: Vina Bushman, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 859119
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 466 Farhills Drive built and last sold?
The property at 466 Farhills Drive was built in 2000 and last sold on Oct 21, 2010 for $0.
How much is this home worth?
The estimated value of the home located at 466 Farhills Drive is $49,995.
What are some comparable homes to 466 Farhills Drive?
There are currently no comparable homes to 466 Farhills Drive.
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