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Comal 78070
7022 Devonshire Dr
$25,000
● Land - Off Market

7022 Devonshire Dr

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$53,839
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Very nice lot in a very nice neighborhood. Lot is fairly level on the street half and has a slope towards the back allowing for great views of the hill county. Lots of mature oaks throughout the property. Priced to sell and ready to be built on. Neighbors on both sides already built homes. OWNER WILLING TO CARRY A NOTE! Call for more info. OWNER SAYS HE IS NEGOTIABLE ON PRICE FOR NON-OWNER CARRY DEALS!
Unit Size
-
Days on Market
-
Land Size
1.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$55
HOA Dues
$1
Year Built
2018

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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 #1142372)

Price History

Date / Event Date Event Price
Dec 9, 2016 Sold
Premium
Sold
Oct 7, 2015 Listed by SATEX Properties, Inc. $32,000
Listed by SATEX Properties, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • 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: 11
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 4
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 573
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,982
  • Total Building Area: 1,749
  • Gross Building Area: 1,929
  • Building Area: 1,749
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,749
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHISPERING HILLS
  • Land Acres: 0000001377
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WHISPERING HILLS, LOT 276

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310703

Geography

  • Assessors Map Reference: AIR MAP: 4F
  • Subdivision Tract Number: 276
  • Parcel: 69195
  • Lot: 276
  • Municipality: SPRING RANCH
  • Latitude: 29.8249
  • Longitude: -98.3522

    Address

  • Full Address: 7022 Devonshire Dr
  • Address - House Number: 7022
  • Address - Street Name: Devonshire
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: R011
  • 4-Digit Zip Code: 7244
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $476,639
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 542,171
  • High Value: 671,262
  • Low Value: 413,079

    Market Valuation

  • Market Total Value: $506,490
  • Market Land Value: $110,270
  • Market Improvement Value: $396,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,089

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2016
  • Current Sale Recording Date: Dec 14, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201606047532
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

2429 ft²

Average Home Age

16.1 years

Currently For Sale

1870 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: Martin Valera, SATEX Properties, Inc.
Last Updated: 5 months ago
Data Source: LERA, MLS# 1142372
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 7022 Devonshire Drive built and last sold?
The property at 7022 Devonshire Drive was built in 2018 and last sold on Dec 7, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 7022 Devonshire Drive is $32,320.
What are some comparable homes to 7022 Devonshire Drive?
There are currently no comparable homes to 7022 Devonshire Drive.
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