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Schertz 78108 Fairway Ridge
5164 TIMBER SPRINGS
$235,000
● House - Off Market

5164 TIMBER SPRINGS

Schertz, TX 78108
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,265 Ft²
$420,018
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

This is a lovely single story home with 4 bedrooms and 2.5 baths. The kitchen has a large island with granite. All of the appliances are stainless steel. Very open floor plan with high ceilings. Tile floors in all the living and kitchen. The master has a separate shower and garden tub. The home has a complete sprinkler system and a large covered patio. This home has been gently lived in and is in great condition. Very convenient to all bases and major highways and shopping.
Unit Size
2,265 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$104
Property Type
House
Property Taxes
$392
HOA Dues
$55
Year Built
2011

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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 #1090650)

Price History

Date / Event Date Event Price
May 28, 2015 Sold
Premium
Sold
Dec 8, 2014 Listed by Phyllis Browning Company $234,500
Listed by Phyllis Browning Company

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,553
  • Total Building Area: 2,725
  • Gross Building Area: 2,821
  • Building Area: 2,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,265
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY RIDGE 2
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FAIRWAY RIDGE 2, BLOCK 4, LOT 26

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS
  • Census Tract: 310804

Geography

  • Assessors Map Reference: 156-C2
  • Parcel: 150196
  • Block: 4
  • Lot: 26
  • Municipality: CITY OF SCHERTZ
  • Latitude: 29.6235
  • Longitude: -98.2374

    Address

  • Full Address: 5164 Timber Spgs
  • Address - House Number: 5164
  • Address - Street Name: Timber
  • Address - Suffix Type: Spgs
  • State: TX
  • City Name: Schertz
  • Carrier Code: R015
  • 4-Digit Zip Code: 2410
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $641,078
  • Tax Rate Code Area: SCH

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 363,774
  • High Value: 448,810
  • Low Value: 278,738

    Market Valuation

  • Market Total Value: $380,560
  • Market Land Value: $65,000
  • Market Improvement Value: $315,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,133

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202006028948
  • Previous Sale Recording Date: May 28, 2015
  • Previous Sale Contract Date: May 22, 2015
  • Previous Sale Amount: $233,900
  • 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 Fairway Ridge

Stats & Trends

Median Asking:

$422,000

Sale Price/ft²

$123

Below Asking

0.03%

Average Days on Market

124

Average Home Size

3526 ft²

Average Home Age

13 years

Currently For Sale

1 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: Janice Tisdale, Phyllis Browning Company
Last Updated: 5 months ago
Data Source: LERA, MLS# 1090650
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 5164 Timber Springs built and last sold?
The property at 5164 Timber Springs was built in 2011 and last sold on Jul 20, 2020 for $259,400.
How much is this home worth?
The estimated value of the home located at 5164 Timber Springs is $239,089.
What are some comparable homes to 5164 Timber Springs?
There are currently no comparable homes to 5164 Timber Springs.
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