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Comal 78132
5714 Highgarden
$95,000
● Land - Off Market

5714 Highgarden

New Braunfels, TX 78132
bedrooms
Studio
bathrooms
0 Bath
$161,417
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

This stunning 1.01 acre piece of property is located in the exclusive and highly sought after gated subdivision of Copper Ridge. Enjoy serenity on this cul-de-sac lot with large, gorgeous oak trees and a level site to build your dream home. Amenities include walking trails, gated entry, pool, grills, plus tennis and basketball courts. Come check out the site of your future home! Lot is the second one on the right after turning on to Highgarden.
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
$67
Year Built
2017

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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 #1215350)

Price History

Date / Event Date Event Price
Apr 4, 2017 Sold
Premium
Sold
Dec 13, 2016 Listed by Homecity Real Estate $99,000
Listed by Homecity Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 938
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 44,170
  • Total Building Area: 4,801
  • Gross Building Area: 5,589
  • Building Area: 3,863
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COPPER RIDGE PHASE 3B
  • Land Acres: 0000001014
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: COPPER RIDGE PHASE 3B, BLOCK G, LOT 15

Neighborhood

  • School District Name: New Braunfels Independent School District
  • School Tax School District: SNBI
  • Census Tract: 310707

Geography

  • Parcel: 387395
  • Block: G
  • Lot: 15
  • Municipality: NEW BRAUNFELS
  • Latitude: 29.7387
  • Longitude: -98.2578

    Address

  • Full Address: 5714 Highgarden
  • Address - House Number: 5714
  • Address - Street Name: Highgarden
  • State: TX
  • City Name: New Braunfels
  • Carrier Code: R025
  • 4-Digit Zip Code: 2943
  • Zip Code: 78132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,214,977
  • Tax Rate Code Area: NBI

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 1,037,953
  • High Value: 1,285,090
  • Low Value: 790,815

    Market Valuation

  • Market Total Value: $1,169,120
  • Market Land Value: $150,060
  • Market Improvement Value: $1,019,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $868,957

    Exemptions

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

    Sales

  • Current Sale Contract Date: Mar 03, 2017
  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201706015940
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:

$450,000

Sale Price/ft²

$214

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2425 ft²

Average Home Age

16.3 years

Currently For Sale

1849 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: Donna Cowey, Homecity Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1215350
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 5714 Highgarden built and last sold?
The property at 5714 Highgarden was built in 2017 and last sold on Mar 3, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 5714 Highgarden is $99,990.
What are some comparable homes to 5714 Highgarden?
There are currently no comparable homes to 5714 Highgarden.
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