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San Antonio 78257 Forest Crest
5911 Tejas Spring
$166,000
● Land - Off Market

5911 Tejas Spring

San Antonio, TX 78257
bedrooms
Studio
bathrooms
0 Bath
square feet
27,443 Ft²
$270,809
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

EXPERIENCE AFFORDABLE LUXURY LIVING. GREAT HOME SITE, just 1.1 miles from I-10, neighboring the LUXURIOUS DOMINION subdivision. A rated SCHOOLS. GATED EXECUTIVE COMMUNITY with BEAUTIFUL LUXURY HOMES & PEACEFUL AMBIENCE. Just 2.5 miles approx from city's best shopping & entertainment- THE RIM area, SIX FLAGS at Fiesta Texas & The Shops at LA CANTERA. TREMENDOUS GROWTH POTENTIAL with I-10 lane expansion project towards Boerne & 1604. Schedule showings and lets discuss all possibilities. BRING YOUR BEST OFFER.
Unit Size
27,443 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$6
Property Type
Land
Property Taxes
$234
HOA Dues
$75
Year Built
2020

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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: 6 months ago (LERA #1347669)

Price History

Date / Event Date Event Price
Dec 18, 2018 Sold
Premium
Sold
Nov 4, 2018 Listed by Keller Williams City-View $178,000
Listed by Keller Williams City-View

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 857
  • Parking Space Count: 3
  • Patio Type: 98
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 4,700
  • Gross Building Area: 4,700
  • Building Area: 3,843
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,843
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NCB 16385 (ESTATES OF FOREST CREST)
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 16385 (ESTATES OF FOREST CREST), BLOCK 32 LOT 18 NEW FOR 2008 PER PLAT 9575/136 FILED 5-25-07

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 191807

Geography

  • Subdivision Tract Number: 18
  • Parcel: 16385-032-0180
  • Block: 32
  • Lot: 18
  • Municipality: SAN ANTONIO
  • Latitude: 29.6328
  • Longitude: -98.5986

    Address

  • Full Address: 5911 Tejas Spg
  • Address - House Number: 5911
  • Address - Street Name: Tejas
  • Address - Suffix Type: Spg
  • State: TX
  • City Name: San Antonio
  • Carrier Code: R232
  • 4-Digit Zip Code: 5001
  • Zip Code: 78257

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,894,756
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.1366
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 824,780
  • High Value: 937,510
  • Low Value: 712,051

    Market Valuation

  • Market Total Value: $947,640
  • Market Land Value: $133,370
  • Market Improvement Value: $814,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,000
  • Assessed Land Value: $133,370
  • Assessed Improvements Value: $814,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20180247254
  • Previous Sale Recording Date: Nov 21, 2016
  • Previous Sale Contract Date: Nov 18, 2016
  • Previous Sale Amount: $113,397
  • 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 Northwest Side

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2403 ft²

Average Home Age

24.9 years

Currently For Sale

1654 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

Click here to view more rentals in the neighborhood.
LERA

Listed by: Vinu Jose, Keller Williams City-View
Last Updated: 6 months ago
Data Source: LERA, MLS# 1347669
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 5911 Tejas Spring built and last sold?
The property at 5911 Tejas Spring was built in 2020 and last sold on Dec 18, 2018 for $176,300.
How much is this home worth?
The estimated value of the home located at 5911 Tejas Spring is $180,003.
What are some comparable homes to 5911 Tejas Spring?
There are currently no comparable homes to 5911 Tejas Spring.
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