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Kendall The Crossing
731 Mountain Creek Trail
$35,000
● Land - Off Market

731 Mountain Creek Trail

Boerne, TX 78004
bedrooms
Studio
bathrooms
0 Bath
$43,522
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Fabulous 1.03 acre lot in The Crossing community leading right down to the wet weather creek. Community boasts a private gated park right on the Guadalupe River with a tennis court, pavilion and access to the river for tubing, kayaking and so much more. Build your dream home on this serene lot with views over the Guadalupe River valley. Fully renovated mountain retreat on 1.24 acres next door is available for sale as well at $335k.
Unit Size
-
Days on Market
-
Land Size
1.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$32
HOA Dues
$15
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 #1504182)

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold
Premium
Sold
Feb 1, 2021 No longer available -
No longer available
Jan 15, 2021 Listed by Exquisite Properties, LLC $35,000
Listed by Exquisite Properties, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2009
  • 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: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 1,836
  • Gross Building Area: 2,496
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE CROSSING
  • Land Acres: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: THE CROSSING HIDDEN LAKE SECTION LOT 519, 1.24 ACRES HIDDEN LAKE SECTION

Neighborhood

  • School District Name: Blanco Independent School District
  • Census Tract: 970102

Geography

  • Assessors Map Reference: 1-5770-00035190
  • Subdivision Tract Number: S157702
  • Parcel: 27473
  • Lot: 519
  • Municipality: BOERNE
  • Latitude: 29.9083
  • Longitude: -98.5514

    Address

  • Full Address: 731 Mountain Creek Trl
  • Address - House Number: 731
  • Address - Street Name: Mountain Creek
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Boerne
  • Carrier Code: H005
  • 4-Digit Zip Code: 3817
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $466,637
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 66
  • Final Value: 511,282
  • High Value: 633,186
  • Low Value: 389,379

    Market Valuation

  • Market Total Value: $429,260
  • Market Land Value: $66,560
  • Market Improvement Value: $362,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,260
  • Assessed Land Value: $66,560
  • Assessed Improvements Value: $362,700

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 349864
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 The Crossing

Stats & Trends

Median Asking:

$667,500

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2160 ft²

Average Home Age

19.8 years

Currently For Sale

6 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: Micah Harper, Exquisite Properties, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1504182
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 731 Mountain Creek Trail built and last sold?
The property at 731 Mountain Creek Trail was built in 1996 and last sold on Nov 30, 2020 for $221,600.
How much is this home worth?
The estimated value of the home located at 731 Mountain Creek Trail is $35,350.
What are some comparable homes to 731 Mountain Creek Trail?
There are currently no comparable homes to 731 Mountain Creek Trail.
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