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Schertz 78108
5001 CHERRY TREE DR
$154,900
● House - Off Market

5001 CHERRY TREE DR

Schertz, TX 78108
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,462 Ft²
$274,924
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Amazing One Story - 4 bedroom 2 Bath * Ceramic Tile Floors In Entry, Dining, Family Room, Kitchen, Hall And Both Bathrooms * Gorgeous Lot * Rear Wood Deck * Granite Countertops In Kitchen Plus Master Bath * Walkin Closet 10x6 * Vaulted Ceiling * Wood Laminate Floor In Master Bedroom * Stone Fireplace * Storage Shed/Workshop * French Doors * Convenient Location To RAFB, IH35, 1604, IH10, Forum Shopping & More * Previous Owner Indicated The Living Area Is Approximately 2150sf (Includes Den & Bedroom 4)
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$106
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #1127859)

Price History

Date / Event Date Event Price
Aug 13, 2015 Sold
Premium
Sold
Jul 17, 2015 Listed by Starbright Realty $154,900
Listed by Starbright Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 52
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,699
  • Total Building Area: 1,982
  • Gross Building Area: 1,982
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHCLIFFE COMM #1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT: 5 BLK: 10 ADDN: NORTHCLIFFE COMM #1

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210613

Geography

  • Parcel: 1G2190-1010-00500-0-00
  • Block: 10
  • Lot: 5
  • Municipality: SCHERTZ
  • Latitude: 29.6194
  • Longitude: -98.2308

    Address

  • Full Address: 5001 Cherry Tree Dr
  • Address - House Number: 5001
  • Address - Street Name: Cherry Tree
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Schertz
  • Carrier Code: R004
  • 4-Digit Zip Code: 2182
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,488
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 298,831
  • High Value: 359,156
  • Low Value: 238,507

    Market Valuation

  • Market Total Value: $289,201
  • Market Land Value: $37,743
  • Market Improvement Value: $251,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,535
  • Assessed Land Value: $37,743
  • Assessed Improvements Value: $251,458

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2016
  • Current Sale Recording Date: Aug 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2016018648
  • Previous Sale Recording Date: Aug 17, 2015
  • Previous Sale Contract Date: Aug 13, 2015
  • Previous Sale Amount: $149,900
  • 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 Schertz

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2312 ft²

Average Home Age

18 years

Currently For Sale

319 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 228 Dove Hl, Cibolo, TX, 78108

$3,050 /mo

  • 5 Beds
  • 3 Baths
  • 3,228 ft²
228 Dove Hl, Cibolo, TX, 78108 Listing by Sandra Spears

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Thomas Lee, Starbright Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1127859
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 5001 Cherry Tree Drive built and last sold?
The property at 5001 Cherry Tree Drive was built in 1982 and last sold on Aug 22, 2016 for $157,500.
How much is this home worth?
The estimated value of the home located at 5001 Cherry Tree Drive is $160,651.
What are some comparable homes to 5001 Cherry Tree Drive?
There are currently no comparable homes to 5001 Cherry Tree Drive.
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