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Comal 78163 Rim Rock Ranch
6461 PREAKNESS PASS
$242,900
● House - Off Market

6461 PREAKNESS PASS

Bulverde, TX 78163
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,805 Ft²
$496,301
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

VIEWS, VIEWS, VIEWS-it's what Texas Hill Country is all about! Huge BBQ ready deck w/ firepit overlooking almost 3 acres of pure privacy! But that's not all-GRANITE counters in kitchen featuring walk-in pantry, built-in M/W & large breakfast area! Master retreat private bath w/ dual vanities & his & her closets! Spacious family room w/ cozy rock fireplace! New carpet (3/2013) in private study & large secondary bedrooms w/ walk-in closets! Community amenities w/ tennis/sports court, park & picnic area! WOW!
Unit Size
1,805 Ft²
Days on Market
-
Land Size
2.90 acres
Price per sqft
$138
Property Type
House
Property Taxes
$338
HOA Dues
$10
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #989918)

Price History

Date / Event Date Event Price
May 10, 2013 Sold
Premium
Sold
Mar 14, 2013 Listed by RE/MAX Preferred, REALTORS $249,900
Listed by RE/MAX Preferred, REALTORS

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 244

    Dimensions

  • Lot Size Square Feet: 126,324
  • Total Building Area: 2,199
  • Gross Building Area: 2,445
  • Building Area: 1,779
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,779
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIM ROCK RANCH 2
  • Land Acres: 0000002900
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: RIM ROCK RANCH 2, LOT 261

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310708

Geography

  • Assessors Map Reference: AIR MAP: 5F-A1
  • Parcel: 45759
  • Lot: 261
  • Municipality: BULVERDE
  • Latitude: 29.7576
  • Longitude: -98.3598

    Address

  • Full Address: 6461 Preakness Pass
  • Address - House Number: 6461
  • Address - Street Name: Preakness
  • Address - Suffix Type: Pass
  • State: TX
  • City Name: Bulverde
  • Carrier Code: H051
  • 4-Digit Zip Code: 4187
  • Zip Code: 78163

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $729,152
  • Tax Rate Code Area: ES5

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 513,045
  • High Value: 648,993
  • Low Value: 377,096

    Market Valuation

  • Market Total Value: $476,100
  • Market Land Value: $226,850
  • Market Improvement Value: $249,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,100
  • Assessed Land Value: $226,850
  • Assessed Improvements Value: $249,250

    Sales

  • Current Sale Contract Date: Jul 30, 2014
  • Current Sale Recording Date: Aug 04, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201406026732
  • Previous Sale Recording Date: May 13, 2013
  • Previous Sale Contract Date: May 10, 2013
  • Previous Sale Amount: $288,400
  • Previous Sale Document Type: 70
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 Rim Rock Ranch

Stats & Trends

Median Asking:

$779,900

Sale Price/ft²

$252

Below Asking

0.03%

Average Days on Market

79

Average Home Size

3355 ft²

Average Home Age

15.6 years

Currently For Sale

14 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: Charles Nall, RE/MAX Preferred, REALTORS
Last Updated: 5 months ago
Data Source: LERA, MLS# 989918
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 6461 Preakness Pass built and last sold?
The property at 6461 Preakness Pass was built in 1999 and last sold on Jul 30, 2014 for $294,000.
How much is this home worth?
The estimated value of the home located at 6461 Preakness Pass is $271,275.
What are some comparable homes to 6461 Preakness Pass?
There are currently no comparable homes to 6461 Preakness Pass.
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