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San Antonio 78240 Northwest Side
7227 SUMMER WAY
$154,990
● House - Off Market

7227 SUMMER WAY

San Antonio, TX 78240
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,418 Ft²
$341,356
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

NEW GATED COMMUNITY IN THE HEART OF THE MEDICAL CENTER! MEDITERRANEAN STYLE GARDEN HOMES WITH FRONT YARD LANDSCAPED & MAINTENANCE INCLUDED. SPACIOUS OPEN FLOORPLAN W/HIGH CEILINGS. OPEN KITCHEN W/BREAKFAST BAR & WALK-IN PANTRY. LARGE MASTER SUITE W/PRIVATE BATH.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$114
Property Type
House
Property Taxes
$61
HOA Dues
$29
Year Built
2009

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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 #793452)

Price History

Date / Event Date Event Price
Nov 13, 2009 Sold
Premium
Sold
Jul 31, 2009 Listed by Realty Executives Of S.A. $161,146
Listed by Realty Executives Of S.A.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 210
  • Parking Space Count: 1
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,388
  • Total Building Area: 1,615
  • Gross Building Area: 1,615
  • Building Area: 1,405
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,405
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NCB 14648 (SUMMERWOOD PARK SUBD)
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 14648 (SUMMERWOOD PARK SUBD), BLOCK 36 LOT 13 2008-NEW PER PLAT 9576/41-43 FILED 6-29-07 (SEE COORD # 5043)

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 181504

Geography

  • Subdivision Tract Number: 13
  • Parcel: 14648-036-0130
  • Block: 36
  • Lot: 13
  • Municipality: SAN ANTONIO
  • Latitude: 29.5034
  • Longitude: -98.595

    Address

  • Full Address: 7227 Summer Way
  • Address - House Number: 7227
  • Address - Street Name: Summer
  • Address - Suffix Type: Way
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C030
  • 4-Digit Zip Code: 2460
  • Zip Code: 78240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,384
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 273,337
  • High Value: 320,774
  • Low Value: 225,899

    Market Valuation

  • Market Total Value: $260,660
  • Market Land Value: $57,490
  • Market Improvement Value: $203,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,046
  • Assessed Land Value: $57,490
  • Assessed Improvements Value: $203,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 105107
  • Previous Sale Recording Date: Apr 13, 2020
  • Previous Sale Contract Date: Apr 10, 2020
  • Previous Sale Amount: $221,900
  • 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 Northwest Side

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$173

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2403 ft²

Average Home Age

24.9 years

Currently For Sale

1654 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 919 Sutton Drive, TX, 78228

$731 /mo

  • 1 Bed
  • 1 Bath
919 Sutton Drive, TX, 78228 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Rick Brown, Realty Executives Of S.A.
Last Updated: 6 months ago
Data Source: LERA, MLS# 793452
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 7227 Summer Way built and last sold?
The property at 7227 Summer Way was built in 2009 and last sold on Jun 1, 2023 for $202,825.
How much is this home worth?
The estimated value of the home located at 7227 Summer Way is $167,192.
What are some comparable homes to 7227 Summer Way?
There are currently no comparable homes to 7227 Summer Way.
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