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Cibolo 78108
509 OAKMONT WAY
$307,000
● House - Off Market

509 OAKMONT WAY

Cibolo, TX 78108
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,242 Ft²
$521,569
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Updated 5 bedroom, 3 bath home w/hand-scraped hardwood floors in living areas*Granite kitchen counters & butler`s pantry, 42" cabinets & center island*3 eating areas including formal dining room, breakfast area & bar*2 living areas w/wood burning fireplace in living room & large upstairs game room*Master suite w/separate shower & garden tub, double vanity & large walk-in closet*Guest bedroom & bathroom downstairs*Large backyard w/extended covered patio. Bentwood Ranch pool, play ground/park, sports court.
Unit Size
3,242 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$96
Property Type
House
Property Taxes
$617
HOA Dues
$98
Year Built
2009

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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: 6 months ago (LERA #1160561)

Price History

Date / Event Date Event Price
Dec 12, 2016 Sold
Premium
Sold
Feb 11, 2016 Listed by Phyllis Browning Company $310,000
Listed by Phyllis Browning Company

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 630
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,177
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,872
  • Gross Building Area: 3,982
  • Building Area: 3,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENTWOOD RANCH UNIT #6
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BENTWOOD RANCH UNIT #6 BLOCK 14 LOT 8

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210718

Geography

  • Subdivision Tract Number: 8
  • Parcel: 1G0264-6014-00800-0-00
  • Block: 14
  • Lot: 8
  • Municipality: CIBOLO
  • Latitude: 29.5818
  • Longitude: -98.2401

    Address

  • Full Address: 509 Oakmont Way
  • Address - House Number: 509
  • Address - Street Name: Oakmont
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Cibolo
  • Carrier Code: R008
  • 4-Digit Zip Code: 4348
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $791,190
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 405,420
  • High Value: 488,657
  • Low Value: 322,182

    Market Valuation

  • Market Total Value: $409,476
  • Market Land Value: $59,289
  • Market Improvement Value: $350,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,476
  • Assessed Land Value: $59,289
  • Assessed Improvements Value: $350,187

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2016
  • Current Sale Recording Date: Dec 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016026886
  • Previous Sale Recording Date: Aug 01, 2012
  • Previous Sale Contract Date: Jul 27, 2012
  • Previous Sale Amount: $377,000
  • 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 Cibolo

Stats & Trends

Median Asking:

$342,500

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2492 ft²

Average Home Age

16.4 years

Currently For Sale

127 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
Unit for rent at 100 Howard Dr, Schertz, TX, 78154

$2,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,476 ft²
100 Howard Dr, Schertz, TX, 78154 Listing by Annie Slaats

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Kimberly Bragman, Phyllis Browning Company
Last Updated: 6 months ago
Data Source: LERA, MLS# 1160561
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 Oakmont Way built and last sold?
The property at 509 Oakmont Way was built in 2009 and last sold on Dec 6, 2016 for $390,500.
How much is this home worth?
The estimated value of the home located at 509 Oakmont Way is $313,394.
What are some comparable homes to 509 Oakmont Way?
There are currently no comparable homes to 509 Oakmont Way.
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