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Blanco 78606
829 Cielo Springs
$91,250
● Land - Off Market

829 Cielo Springs

Blanco, TX 78606
bedrooms
Studio
bathrooms
0 Bath
$143,246
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

A beautiful, cleared 5 acres in Cielo Springs.  Bring your horses, lots of shade under the oaks.  Build your dream home, minimum 1,800 Sq. Ft., build your barn and have city water.  Only minutes from Vaaler Creek Golf course, the Blanco State Park and the quaint little town of Blanco.  Right in the middle of San Antonio, Austin, Fredericksburg, Canyon Lake,  Marble Falls and more.  Something is going on all year long.  This is a great big WELCOME.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$112
HOA Dues
$17
Year Built
-

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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 #1139413)

Price History

Date / Event Date Event Price
Jun 9, 2018 Sold
Premium
Sold
Sep 14, 2015 Listed by Fore Premier Properties $94,500
Listed by Fore Premier Properties

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,015
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,705
  • Gross Building Area: 1,705
  • Building Area: 1,705
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,705
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIELO SPRINGS
  • Land Acres: 0000005000
  • Standard Land Use Code: 1999
  • County Land Use Code: E3
  • Legal Description 1: CIELO SPRINGS , BLK 02 , LOT 16 , ACRES 5.0

Neighborhood

  • School District Name: Blanco Independent School District
  • Census Tract: 950202

Geography

  • Account Number: 162500
  • Parcel: R17715
  • Block: 2
  • Lot: 16
  • Municipality: BLANCO
  • Latitude: 30.0729
  • Longitude: -98.4231

    Address

  • Full Address: 829 Cielo Springs Dr
  • Address - House Number: 829
  • Address - Street Name: Cielo Springs
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Blanco
  • Carrier Code: H005
  • 4-Digit Zip Code: 4431
  • Zip Code: 78606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $520,208
  • Tax Rate Code Area: FBL GBL GW

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 722,948
  • High Value: 896,889
  • Low Value: 549,007

    Market Valuation

  • Market Total Value: $641,310
  • Market Land Value: $214,720
  • Market Improvement Value: $426,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $641,310
  • Assessed Land Value: $214,720
  • Assessed Improvements Value: $426,590

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2018
  • Current Sale Recording Date: Jun 11, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 181676
  • Previous Sale Recording Date: Dec 29, 2006
  • Previous Sale Contract Date: Dec 20, 2006
  • Previous Sale Amount: $81,000
  • 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 Blanco

Stats & Trends

Median Asking:

$580,000

Sale Price/ft²

$263

Below Asking

0.03%

Average Days on Market

104

Average Home Size

2393 ft²

Average Home Age

19.2 years

Currently For Sale

180 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 380 Blanco Avenue, TX, 78606

$730 /mo

  • 1 Bed
  • 1 Bath
380 Blanco Avenue, TX, 78606 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Sharon Herbert, Fore Premier Properties
Last Updated: 6 months ago
Data Source: LERA, MLS# 1139413
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 829 Cielo Springs Drive built and last sold?
The property at 829 Cielo Springs Drive was built in and last sold on Jun 8, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 829 Cielo Springs Drive is $95,445.
What are some comparable homes to 829 Cielo Springs Drive?
There are currently no comparable homes to 829 Cielo Springs Drive.
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