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Fair Oaks Ranch 78015 Fair Oaks Ranch
8506 HIGH CLIFF DR
$690,000
● House - Off Market

8506 HIGH CLIFF DR

Fair Oaks Ranch, TX 78015
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,227 Ft²
$1,044,409
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Stunning Craighead custom home in Deer Meadow Estates resting on Bluff, overlooking golf course, and over 1 acre with VIEWS,VIEWS! Beautiful Mesquite wood flooring in entry, living dining, butlers pantry and hallways- gorgeous!! 3 bedrooms, office, 3 1/2 baths, circular drive with 3 car garage, custom cabinets (lots of them), granite counter tops with Bosch appliances, vaulted ceilings, storage galore. Magnificent mature Oak trees, water feature hot tub, great curb appeal. A must see home!!!
Unit Size
4,227 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$163
Property Type
House
Property Taxes
$1,046
HOA Dues
$151
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #1147097)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Nov 6, 2015 Listed by Keller Williams City-View $689,000
Listed by Keller Williams City-View

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,114
  • Parking Space Count: 3
  • Patio Type: 14
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 5,341
  • Gross Building Area: 5,775
  • Building Area: 4,227
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,227
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS RANCH
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FAIR OAKS RANCH UNIT K9 (DEER MEADOW ESTATES) LOT 369, 1.03 ACRES UNIT K9 (DEER MEADOW ESTATES)

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970406

Geography

  • Assessors Map Reference: 1-5220-01193690
  • Parcel: 43742
  • Lot: 369
  • Municipality: FAIR OAKS RANCH
  • Latitude: 29.7547
  • Longitude: -98.6523

    Address

  • Full Address: 8506 High Cliff Dr
  • Address - House Number: 8506
  • Address - Street Name: High Cliff
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Boerne
  • Carrier Code: R017
  • 4-Digit Zip Code: 4234
  • Zip Code: 78015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,426,236
  • Tax Rate Code Area: SBN

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 65
  • Final Value: 1,004,343
  • High Value: 1,250,159
  • Low Value: 758,528

    Market Valuation

  • Market Total Value: $957,660
  • Market Land Value: $357,380
  • Market Improvement Value: $600,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $817,924

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 350327
  • Previous Sale Recording Date: Jun 15, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $733,100
  • 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 Fair Oaks Ranch

Stats & Trends

Median Asking:

$769,000

Sale Price/ft²

$234

Below Asking

0.04%

Average Days on Market

66

Average Home Size

3577 ft²

Average Home Age

32.5 years

Currently For Sale

28 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: Travis Wagner, Keller Williams City-View
Last Updated: 6 months ago
Data Source: LERA, MLS# 1147097
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 8506 High Cliff built and last sold?
The property at 8506 High Cliff was built in 2004 and last sold on Dec 17, 2020 for $759,000.
How much is this home worth?
The estimated value of the home located at 8506 High Cliff is $712,084.
What are some comparable homes to 8506 High Cliff?
There are currently no comparable homes to 8506 High Cliff.
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