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Comal 78070 Rivermont
7055 OLD SPRING BRANCH ROAD
$320,000
● House - Off Market

7055 OLD SPRING BRANCH ROAD

Spring Branch, TX 78070
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,801 Ft²
$653,898
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

See breathtaking views of the Guadalupe River and surrrounding Texas Hill Country from the porch of this riverfront retreat. Sitting on approximately one acre, this home is wonderful for entertaining and only a short drive from San Antonio. Large and open great room with high ceiling combine the livingroom, dining room and kitchen. Master bedroom with 28' ceiling, ceiling fans, double shower and vanities, and walk-in closet. Two additonal bedrooms and a bathroom complete this wondeful getaway.
Unit Size
1,801 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$186
Property Type
House
Property Taxes
$290
HOA Dues
$17
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: 6 months ago (LERA #734464)

Price History

Date / Event Date Event Price
Sep 8, 2008 Sold
Premium
Sold
Jul 22, 2008 Listed by Rubiola Realty $335,000
Listed by Rubiola Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • 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: 350
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 33,650
  • Lot Size Depth Feet: 4,430
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,126
  • Gross Building Area: 2,760
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERMONT 5
  • Land Acres: 0000000773
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: RIVERMONT 5, BLOCK 26, LOT 10

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310702

Geography

  • Parcel: 51538
  • Block: 26
  • Lot: 10
  • Municipality: SPRING BRANCH
  • Latitude: 29.886
  • Longitude: -98.4544

    Address

  • Full Address: 7055 Old Spring Branch Rd
  • Address - House Number: 7055
  • Address - Street Name: Old Spring Branch
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: R016
  • 4-Digit Zip Code: 5113
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $577,110
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 455,874
  • High Value: 564,418
  • Low Value: 347,330

    Market Valuation

  • Market Total Value: $386,350
  • Market Land Value: $140,240
  • Market Improvement Value: $246,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,350
  • Assessed Land Value: $140,240
  • Assessed Improvements Value: $246,110

    Sales

  • Current Sale Contract Date: Mar 04, 2014
  • Current Sale Recording Date: Mar 06, 2014
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201406007431
  • Previous Sale Recording Date: Nov 30, 2011
  • Previous Sale Contract Date: Nov 22, 2011
  • Previous Sale Amount: $187,500
  • 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 Rivermont

Stats & Trends

Median Asking:

$419,000

Sale Price/ft²

$227

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1850 ft²

Average Home Age

15.5 years

Currently For Sale

4 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: Louis Rubiola, Rubiola Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 734464
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 7055 Old Spring Branch Road built and last sold?
The property at 7055 Old Spring Branch Road was built in 1996 and last sold on Mar 4, 2014 for $0.
How much is this home worth?
The estimated value of the home located at 7055 Old Spring Branch Road is $345,231.
What are some comparable homes to 7055 Old Spring Branch Road?
There are currently no comparable homes to 7055 Old Spring Branch Road.
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