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Guadalupe 78108
517 SALTLICK WAY
$336,000
● House - Off Market

517 SALTLICK WAY

Cibolo, TX 78108
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,047 Ft²
$351,011
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Beautiful home in Saratoga subdivision. This home shows like a model home and is in pristine condition. Granite countertops in the spacious kitchen, open concept that flows into the dining and living areas. Private master retreat with a dual shower and soaking tub will help you unwind and relax.  You will fall in love with the enhanced back patio with a fully screened-in porch.  Just around the corner, you will find the amenity center with a large pool when you need to cool off on those hot summer days. This one is a gem you need to see to appreciate.
Unit Size
2,047 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$169
Property Type
House
Property Taxes
$548
HOA Dues
$44
Year Built
2018

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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 #1666435)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Feb 9, 2023 Listed by Kuper Sotheby's Int'l Realty $345,000
Listed by Kuper Sotheby's Int'l Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 380
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,427
  • Gross Building Area: 2,582
  • Building Area: 2,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARATOGA UNIT #5
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SARATOGA UNIT #5 BLOCK 18 LOT 4 .18 AC

Neighborhood

  • School District Name: Schertz-Cibolo-Universal City Independent School District
  • Census Tract: 210713

Geography

  • Subdivision Tract Number: 4
  • Parcel: 1G3932-5018-00400-0-00
  • Block: 18
  • Lot: 4
  • Municipality: CIBOLO
  • Latitude: 29.5983
  • Longitude: -98.2465

    Address

  • Full Address: 517 Saltlick Way
  • Address - House Number: 517
  • Address - Street Name: Saltlick
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Schertz
  • Carrier Code: R018
  • 4-Digit Zip Code: 2433
  • Zip Code: 78108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $673,090
  • Tax Rate Code Area: SCS

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 375,119
  • High Value: 450,843
  • Low Value: 299,395

    Market Valuation

  • Market Total Value: $395,247
  • Market Land Value: $62,331
  • Market Improvement Value: $332,916

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,354
  • Assessed Land Value: $62,331
  • Assessed Improvements Value: $332,916

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10373
  • Previous Sale Recording Date: Nov 05, 2018
  • Previous Sale Contract Date: Nov 02, 2018
  • Previous Sale Amount: $340,900
  • 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 Guadalupe

Stats & Trends

Median Asking:

$301,965

Sale Price/ft²

$152

Above Asking

93.83%

Average Days on Market

91

Average Home Size

2185 ft²

Average Home Age

13.5 years

Currently For Sale

1520 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 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: Stephen Perry, Kuper Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1666435
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 517 Saltlick Way built and last sold?
The property at 517 Saltlick Way was built in 2018 and last sold on Apr 27, 2023 for $263,424.
How much is this home worth?
The estimated value of the home located at 517 Saltlick Way is $341,943.
What are some comparable homes to 517 Saltlick Way?
There are currently no comparable homes to 517 Saltlick Way.
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