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Comal 78070
7980 ELK
$72,500
● Mobile Manufactured - Off Market

7980 ELK

Spring Branch, TX 78070
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$129,939
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

Nice Hillcountry Views! Property located at the end of Culdesac. Very Quiet and Private! 3/2 Split Bedroom Plan.8Ft Privacy Fence encloses Frontyard. New Detached Garage w/Circular Drive  and Great Landscaping. New A/C Unit! Must See!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$57
Property Type
Mobile Manufactured
Property Taxes
$0
HOA Dues
-
Year Built
1994

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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 #684144)

Price History

Date / Event Date Event Price
Nov 15, 2007 Sold
Premium
Sold
Oct 2, 2007 Listed by Mickey Ferrell, REALTORS Inc. $72,500
Listed by Mickey Ferrell, REALTORS Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEER RIVER PHASE 1
  • Land Acres: 0000000780
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: DEER RIVER PHASE 1, LOT 37

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS ZZZ
  • Census Tract: 310603

Geography

  • Assessors Map Reference: 318-F1
  • Parcel: 23884
  • Lot: 37
  • Municipality: SPRING RANCH
  • Latitude: 29.9448
  • Longitude: -98.386

    Address

  • Full Address: 7980 Elk Dr
  • Address - House Number: 7980
  • Address - Street Name: Elk
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H006
  • 4-Digit Zip Code: 4020
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $71,289
  • Tax Rate Code Area: ES4

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 160,464
  • High Value: 198,671
  • Low Value: 122,257

    Market Valuation

  • Market Total Value: $86,630
  • Market Land Value: $74,820
  • Market Improvement Value: $11,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,725

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2007
  • Current Sale Recording Date: Nov 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 200706046534
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: Mickey Ferrell, Mickey Ferrell, REALTORS Inc.
Last Updated: 5 months ago
Data Source: LERA, MLS# 684144
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 7980 Elk Drive built and last sold?
The property at 7980 Elk Drive was built in 1994 and last sold on Nov 15, 2007 for $73,800.
How much is this home worth?
The estimated value of the home located at 7980 Elk Drive is $84,927.
What are some comparable homes to 7980 Elk Drive?
There are currently no comparable homes to 7980 Elk Drive.
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