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Kendall 78624 Alamo Springs Ranch
509 Deer Rd
$220,000
● Land - Off Market

509 Deer Rd

Fredericksburg, TX 78624
bedrooms
Studio
bathrooms
0 Bath
$441,750
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

21+ acres between Comfort & Fredericksburg in Alamo Springs an unrestricted neighborhood, this tract is heavy wooded w/ HUGE oaks making good cover for deer & other wildlife great for hunting! Backs up to 287 acre ranch. Partially cleared for your dream home, cabin, or mobile home. This property sits high on a hill (2000' elev) & the neighbors have cleared their property so they have views up to 40 miles off their back to the SE for magnificent sunrises & you see the milky way and tons of stars at night
Unit Size
-
Days on Market
-
Land Size
21.58 acres
Price per sqft
-
Property Type
Land
Property Taxes
$181
HOA Dues
-
Year Built
1991

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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 #1204497)

Price History

Date / Event Date Event Price
Jun 5, 2017 Sold
Premium
Sold
Oct 1, 2016 Listed by Icon Realty $275,157
Listed by Icon Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 940,068
  • Total Building Area: 10,800
  • Building Area: 10,800
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 10,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ALAMO SPRINGS
  • Land Acres: 0000021581
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: ALAMO SPRINGS BLK 9 LOT 25, 21.581 ACRES

Neighborhood

  • School District Name: Comfort Independent School District
  • Census Tract: 970102

Geography

  • Assessors Map Reference: 1-5030-00090250
  • Parcel: 19337
  • Block: 9
  • Lot: 25
  • Municipality: BOERNE
  • Latitude: 30.1078
  • Longitude: -98.7776

    Address

  • Full Address: 509 Deer Rd
  • Address - House Number: 509
  • Address - Street Name: Deer
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Fredericksburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 6160
  • Zip Code: 78624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $313,417
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: WCC

    Market Valuation

  • Market Total Value: $481,750
  • Market Land Value: $481,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,750
  • Assessed Land Value: $481,750

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 05, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 312343
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 Alamo Springs Ranch

Stats & Trends

Median Asking:

$1,090,000

Sale Price/ft²

$435

Above Asking

0.00%

Average Days on Market

113

Average Home Size

2171 ft²

Average Home Age

23.7 years

Currently For Sale

3 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

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LERA

Listed by: Melissa Hartman, Icon Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1204497
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 509 Deer Road built and last sold?
The property at 509 Deer Road was built in 1991 and last sold on May 26, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 509 Deer Road is $277,909.
What are some comparable homes to 509 Deer Road?
There are currently no comparable homes to 509 Deer Road.
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