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Blanco 78669
5487 FALL CREEK
$144,500
● House - Off Market

5487 FALL CREEK

SPICEWOOD, TX 78669
bedrooms
2 Beds
bathrooms
2 Baths
$316,502
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Great Hill Country Views!  No Restrictions! 2.24 Acres. Good structure, but needs updating.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$0
HOA Dues
-
Year Built
1985

Payment Calculator

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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 #709287)

Price History

Date / Event Date Event Price
Oct 13, 2008 Sold
Premium
Sold
Mar 12, 2008 Listed by Texas Hills & Lakes R.E. $159,000
Listed by Texas Hills & Lakes R.E.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 264
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,531
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,314
  • Gross Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURVEY 329 G C & S F RR CO
  • Land Acres: 0000002239
  • Standard Land Use Code: 1999
  • County Land Use Code: E1
  • Legal Description 1: A0943 SUR 329 GC & SF RR CO A0309 SUR 202 D. HOLLOWAY & A0210 SUR 201 J. FOWLER, ACRES 2.239

Neighborhood

  • School District Name: Johnson City Independent School District
  • Census Tract: 950102

Geography

  • Account Number: 8810000237
  • Parcel: R3815
  • Municipality: SPICEWOOD
  • Latitude: 30.4211
  • Longitude: -98.1632

    Address

  • Full Address: 5487 Fall Creek Rd
  • Address - House Number: 5487
  • Address - Street Name: Fall Creek
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Spicewood
  • Carrier Code: H008
  • 4-Digit Zip Code: 8518
  • Zip Code: 78669

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $197,534
  • Tax Rate Code Area: GBL GWD NJ

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 1,090,880
  • High Value: 1,353,346
  • Low Value: 828,415

    Market Valuation

  • Market Total Value: $382,230
  • Market Land Value: $250,210
  • Market Improvement Value: $132,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,230
  • Assessed Land Value: $250,210
  • Assessed Improvements Value: $132,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2008
  • Current Sale Recording Date: Oct 20, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 083821
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 Blanco

Stats & Trends

Median Asking:

$572,500

Sale Price/ft²

$263

Below Asking

0.03%

Average Days on Market

109

Average Home Size

2393 ft²

Average Home Age

18.7 years

Currently For Sale

185 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

Rentals Near You

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LERA

Listed by: Gene Carrington, Texas Hills & Lakes R.E.
Last Updated: 5 months ago
Data Source: LERA, MLS# 709287
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 5487 Fall Creek Road built and last sold?
The property at 5487 Fall Creek Road was built in 1985 and last sold on Oct 13, 2008 for $144,200.
How much is this home worth?
The estimated value of the home located at 5487 Fall Creek Road is $160,590.
What are some comparable homes to 5487 Fall Creek Road?
There are currently no comparable homes to 5487 Fall Creek Road.
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