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Comal 78130
566 Rolling Ridge
$173,000
● Mobile Manufactured - Off Market

566 Rolling Ridge

New Braunfels, TX 78130
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,432 Ft²
$278,470
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Amazing country side view!  This 5 bed, 3 bath home sits on 1.1 acres between New Braunfels and San Marcos.  Home has tons of space, open concept, large kitchen, eating area, and living room.  House has an above ground pool for those hot Texas days, and a covered back porch for the evening sit.  This is your chance to escape the city chaos and traffic, and still be close to major shopping areas, IH 35, the river, and more.  The school bus stops in front of the house for the kids!  Chickens allowed!
Unit Size
2,432 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$78
Property Type
Mobile Manufactured
Property Taxes
$141
HOA Dues
-
Year Built
2015

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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: 3 years ago (NTREIS #14161071)

Price History

Date / Event Date Event Price
Sep 30, 2019 Sold
Premium
Sold
Aug 10, 2019 Listed by HBS Real Estate $190,000
Listed by HBS Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,052
  • Total Building Area: 2,432
  • Gross Building Area: 2,682
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELSHIR ACRES
  • Land Acres: 0000001172
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: MELSHIR ACRES, LOT 14

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS WYC
  • Census Tract: 310904

Geography

  • Assessors Map Reference: AIR MAP: 5L-A
  • Parcel: 36989
  • Lot: 14
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.7586
  • Longitude: -98.0134

    Address

  • Full Address: 566 Rolling Rdg
  • Address - House Number: 566
  • Address - Street Name: Rolling
  • Address - Suffix Type: Rdg
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R015
  • 4-Digit Zip Code: 7183
  • Zip Code: 78130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,246
  • Tax Rate Code Area: YCW

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 214,414
  • High Value: 263,395
  • Low Value: 165,432

    Market Valuation

  • Market Total Value: $150,010
  • Market Land Value: $80,290
  • Market Improvement Value: $69,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,010
  • Assessed Land Value: $80,290
  • Assessed Improvements Value: $69,720

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201906035168
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Aug 01, 2017
  • 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 Comal

Stats & Trends

Median Asking:

$449,999

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2436 ft²

Average Home Age

16.1 years

Currently For Sale

1892 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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NTREIS

Listed by: Clayton Jewett, HBS Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14161071
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 566 Rolling Ridge built and last sold?
The property at 566 Rolling Ridge was built in 2015 and last sold on Sep 30, 2019 for $172,200.
How much is this home worth?
The estimated value of the home located at 566 Rolling Ridge is $0.
What are some comparable homes to 566 Rolling Ridge?
There are currently no comparable homes to 566 Rolling Ridge.
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