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San Antonio 78233 Northeast San Antonio
7038 PURPLE RDG
$92,500
● House - Off Market

7038 PURPLE RDG

San Antonio, TX 78233
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,467 Ft²
$207,128
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

Great investment property-located in northeast San Antonio-3 bedrooms-2 baths with open living and kitchen. Huge backyard. Open floorplan-Owner is Department of Veterans Affairs-seller does not pay for title policy. Financed offers require BANK OF AMERICA pre-qual, cash offers require proof of funds. Free credit report and appraisal if financed through BANK OF AMERICA. VA AND BANK OF AMERICA ADDENDUMS REQUIRED. AS-IS Condition-seller will not complete or allow any repairs-please verify all data in MLS-
Unit Size
1,467 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$65
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1998

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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: 6 months ago (LERA #878740)

Price History

Date / Event Date Event Price
Jun 14, 2011 Sold
Premium
Sold
Feb 16, 2011 Listed by Century 21 United - Action $94,900
Listed by Century 21 United - Action

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,690
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,845
  • Gross Building Area: 1,845
  • Building Area: 1,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,467
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONV A/S CODE
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 16587 BLK 3 LOT 137 (RAINTREE UT-6) RAINTREE ANNEXATN

Neighborhood

  • School District Name: North East Independent School District
  • School Tax School District: 55
  • Census Tract: 121802

Geography

  • Assessors Map Reference: 519E6
  • Parcel: 16587-003-1370
  • Block: 3
  • Lot: 137
  • Municipality: SAN ANTONIO
  • Latitude: 29.5788
  • Longitude: -98.3525

    Address

  • Full Address: 7038 Purple Rdg
  • Address - House Number: 7038
  • Address - Street Name: Purple
  • Address - Suffix Type: Rdg
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C054
  • 4-Digit Zip Code: 7404
  • Zip Code: 78233

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $505,005
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.1885
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 235,313
  • High Value: 279,681
  • Low Value: 190,946

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $60,760
  • Market Improvement Value: $159,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,000
  • Assessed Land Value: $60,760
  • Assessed Improvements Value: $159,240

    Sales

  • Current Sale Contract Date: Jun 09, 2011
  • Current Sale Recording Date: Jun 13, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20110100938
  • Previous Sale Recording Date: Aug 06, 2010
  • Previous Sale Contract Date: Aug 03, 2010
  • Previous Sale Amount: $74,074
  • Previous Sale Document Type: 69
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 Northeast San Antonio

Stats & Trends

Median Asking:

$269,013

Sale Price/ft²

$152

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1948 ft²

Average Home Age

35.3 years

Currently For Sale

713 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 14722 Nacogdoches Rd, TX, 78247

$861 /mo

  • 1 Bed
  • 1 Bath
  • 589 ft²
14722 Nacogdoches Rd #2110, TX, 78247 Listing by Zain Khan

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Samantha Roper, Century 21 United - Action
Last Updated: 6 months ago
Data Source: LERA, MLS# 878740
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 7038 Purple Ridge built and last sold?
The property at 7038 Purple Ridge was built in 1998 and last sold on Jun 9, 2011 for $86,000.
How much is this home worth?
The estimated value of the home located at 7038 Purple Ridge is $101,856.
What are some comparable homes to 7038 Purple Ridge?
There are currently no comparable homes to 7038 Purple Ridge.
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