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Canyon Lake 78070 Rebecca Creek
607 OAK RIDGE DR
$37,000
● Land - Off Market

607 OAK RIDGE DR

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$36,769
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

For Sale- .2 Acre Residential Lot - Golf Course for back yard gives this location a much larger feel. 1.7  PRICELESS backyard VIEW with a few mature trees and level land for building your next home- just 2 miles from Guadalupe River and a few miles from west side of Canyon Lake.  Enjoy easy access to highway 281 with the enjoyment of living near The Club At Rebecca Creek and Pontita Vineyard and Winery. The tract has very nice contour and is a perfect build location.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$42
HOA Dues
$4
Year Built
-

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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 #1696836)

Price History

Date / Event Date Event Price
Sep 25, 2023 Sold
Premium
Sold
Jun 18, 2023 Listed by eXp Realty $37,000
Listed by eXp Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 8,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: REBECCA CREEK PARK THIRD FILING
  • Land Acres: 0000000201
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: REBECCA CREEK PARK THIRD FILING, BLOCK 40, LOT 4

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC RCM SCIS
  • Census Tract: 310610

Geography

  • Assessors Map Reference: 319-E7
  • Parcel: 47274
  • Block: 40
  • Lot: 4
  • Municipality: SPRING RANCH
  • Latitude: 29.9075
  • Longitude: -98.3529

    Address

  • Full Address: 607 Oak Ridge Dr
  • Address - House Number: 607
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H001
  • 4-Digit Zip Code: 4811
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,526
  • Tax Rate Code Area: ES4

    Market Valuation

  • Market Total Value: $39,850
  • Market Land Value: $39,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,850
  • Assessed Land Value: $39,850

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 31713
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 Rebecca Creek

Stats & Trends

Median Asking:

$412,500

Sale Price/ft²

$235

Below Asking

0.03%

Average Days on Market

159

Average Home Size

1918 ft²

Average Home Age

10.1 years

Currently For Sale

8 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

Unit for rent at 1848 Tanglewood Trl, Spring Branch, TX, 78070

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,773 ft²
1848 Tanglewood Trl, Spring Branch, TX, 78070 Listing by Dustin Tucker

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Michelle Shipman, eXp Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1696836
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 607 Oak Ridge Drive built and last sold?
The property at 607 Oak Ridge Drive was built in and last sold on Sep 25, 2023 for $230,965.
How much is this home worth?
The estimated value of the home located at 607 Oak Ridge Drive is $37,370.
What are some comparable homes to 607 Oak Ridge Drive?
There are currently no comparable homes to 607 Oak Ridge Drive.
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