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Comal 78070
7034 DEVONSHIRE DR
$115,000
● Land - Off Market

7034 DEVONSHIRE DR

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$134,409
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Looking for a beautiful acreage property to build your dream home, come take a look at this beauty. Centrally located to all, close to SV middle school and SV high school. This beautiful acreage lot has some Beautiful views.  There is a well and septic from previous home however both would need to be checked out. Another bonus is Seller has plan's for a house they were going to build, construction application paid for with the POA, also has the septic permit and the driveway permit if buyer would like to have.
Unit Size
-
Days on Market
-
Land Size
1.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
$1
Year Built
1996

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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 #1613857)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 11, 2022 Listed by Keller Williams Heritage $130,000
Listed by Keller Williams Heritage

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • 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 Count: 100
  • 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

    Dimensions

  • Lot Size Square Feet: 59,982
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • 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: 1000
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: WHISPERING HILLS, LOT 273

Neighborhood

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

Geography

  • Assessors Map Reference: 385-E3
  • Parcel: 69192
  • Lot: 273
  • Municipality: SPRING RANCH
  • Latitude: 29.8258
  • Longitude: -98.3531

    Address

  • Full Address: 7034 Devonshire Dr
  • Address - House Number: 7034
  • Address - Street Name: Devonshire
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,877
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 151,804
  • High Value: 187,581
  • Low Value: 116,026

    Market Valuation

  • Market Total Value: $120,420
  • Market Land Value: $110,270
  • Market Improvement Value: $10,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,420
  • Assessed Land Value: $110,270
  • Assessed Improvements Value: $10,150

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37264
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 30, 2019
  • 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 Comal

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$214

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2428 ft²

Average Home Age

16.2 years

Currently For Sale

1843 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: Sally Cresswell, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1613857
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 7034 Devonshire Drive built and last sold?
The property at 7034 Devonshire Drive was built in 1996 and last sold on Aug 17, 2022 for $122,360.
How much is this home worth?
The estimated value of the home located at 7034 Devonshire Drive is $131,300.
What are some comparable homes to 7034 Devonshire Drive?
There are currently no comparable homes to 7034 Devonshire Drive.
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