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Comal 78070 The Crossing at Spring Creek
523 Hidden Springs
$290,000
● House - Off Market

523 Hidden Springs

Spring Branch, TX 78070
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,756 Ft²
$624,002
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

Single story Hill Country with beautiful metal roof. 4th bedroom has french doors and could be a nice Study. Big island kitchen with granite and double ovens. Open floorplan. Spacious Utility room. Awesome master suite with large spa tub with dual head walk through shower behind it. Great property owners park with a spring fed creek, pool and soccer field! Great attention to detail all through out.
Unit Size
2,756 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$109
Property Type
House
Property Taxes
$86
HOA Dues
$18
Year Built
2008

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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: 4 months ago (LERA #744462)

Price History

Date / Event Date Event Price
Dec 23, 2008 Sold
Premium
Sold
Sep 18, 2008 Listed by Home Team of America $300,000
Listed by Home Team of America

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 618
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,303
  • Gross Building Area: 3,424
  • Building Area: 2,685
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,685
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROSSING AT SPRING CREEK (THE)
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CROSSING AT SPRING CREEK (THE), LOT 129

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: SCIS
  • Census Tract: 310702

Geography

  • Assessors Map Reference: 317-E8
  • Parcel: 131292
  • Lot: 129
  • Municipality: SPRING BRANCH
  • Latitude: 29.8957
  • Longitude: -98.4443

    Address

  • Full Address: 523 Hidden Springs Dr
  • Address - House Number: 523
  • Address - Street Name: Hidden Springs
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: R016
  • 4-Digit Zip Code: 5148
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841,298
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2371
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 681,802
  • High Value: 843,494
  • Low Value: 520,109

    Market Valuation

  • Market Total Value: $750,680
  • Market Land Value: $136,560
  • Market Improvement Value: $614,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,213

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202106041142
  • Previous Sale Recording Date: Dec 24, 2008
  • Previous Sale Contract Date: Dec 17, 2008
  • 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 The Crossing at Spring Creek

Stats & Trends

Median Asking:

$849,000

Sale Price/ft²

$278

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2790 ft²

Average Home Age

10 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

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LERA

Listed by: John Matte, Home Team of America
Last Updated: 4 months ago
Data Source: LERA, MLS# 744462
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 523 Hidden Springs built and last sold?
The property at 523 Hidden Springs was built in 2008 and last sold on Mar 2, 2021 for $431,900.
How much is this home worth?
The estimated value of the home located at 523 Hidden Springs is $303,000.
What are some comparable homes to 523 Hidden Springs?
There are currently no comparable homes to 523 Hidden Springs.
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