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Lakehills 78063
636 Scenic Pass
$595,000
● House - Off Market

636 Scenic Pass

Pipe Creek, TX 78063
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,427 Ft²
$603,154
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Over 2400 sq ft home on over 10 acres. Fenced and some cross fences.  Shed and well shed. Well pump new in 2021.  2 car garage.  separate fenced overground garden area with watering system.  Quonset Hut barn started about the center of the 10 acres (front to back and side to side). Many deer on property and check for current hunting regulations.  Tenant has lived there for 8 years and has kept about half the property mowed and cleared, many rocks removed, etc.  4-sided brick home.
Unit Size
2,427 Ft²
Days on Market
-
Land Size
10.58 acres
Price per sqft
$245
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1998

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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 #1576434)

Price History

Date / Event Date Event Price
Apr 12, 2022 Sold
Premium
Sold
Dec 11, 2021 Listed by Brass Ring Properties $595,000
Listed by Brass Ring Properties

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 460,865
  • Total Building Area: 2,427
  • Gross Building Area: 2,427
  • Building Area: 2,427
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,427
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: COUNTRY OAKS
  • Land Acres: 0000010580
  • Standard Land Use Code: 7002
  • County Land Use Code: E2
  • Legal Description 1: COUNTRY OAKS LT 6 10.58 ACRES

Neighborhood

  • School District Name: Bandera Independent School District
  • School Tax School District: SPC, SW
  • Census Tract: 000302

Geography

  • Account Number: 12100-00000-0060
  • Parcel: 148079
  • Lot: 6
  • Municipality: PIPE CREEK
  • Latitude: 29.6534
  • Longitude: -98.9336

    Address

  • Full Address: 636 Scenic Pass
  • Address - House Number: 636
  • Address - Street Name: Scenic
  • Address - Suffix Type: Pass
  • State: TX
  • City Name: Pipe Creek
  • Carrier Code: H006
  • 4-Digit Zip Code: 7322
  • Zip Code: 78063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $835,897
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: BC, BS, CA

    Market Valuation

  • Market Total Value: $582,590
  • Market Land Value: $272,430
  • Market Improvement Value: $310,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $582,590
  • Assessed Land Value: $272,430
  • Assessed Improvements Value: $310,160

    Sales

  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 251869
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 Lakehills

Stats & Trends

Median Asking:

$337,500

Sale Price/ft²

$212

Below Asking

0.05%

Average Days on Market

120

Average Home Size

2383 ft²

Average Home Age

31.3 years

Currently For Sale

86 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

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LERA

Listed by: Carol Fochler, Brass Ring Properties
Last Updated: 5 months ago
Data Source: LERA, MLS# 1576434
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 636 Scenic Pass built and last sold?
The property at 636 Scenic Pass was built in 1998 and last sold on Jan 1, 1970 for $583,100.
How much is this home worth?
The estimated value of the home located at 636 Scenic Pass is $597,449.
What are some comparable homes to 636 Scenic Pass?
There are currently no comparable homes to 636 Scenic Pass.
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