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Fair Oaks Ranch 78015 Fair Oaks Ranch
8509 HIGHCLIFF DR
$450,000
● House - Off Market

8509 HIGHCLIFF DR

Fair Oaks Ranch, TX 78015
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,523 Ft²
$843,471
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Builders dream home with everything you expect. hard wood floors, wood ceilings in entry and back patio. Stained concrete floors, granite counter tops, jenn air appl including ice machine. 3 car garage & golf cart room.The list goes on. We have recent appraisal for $540,000. Owner wants to sell it now. Our discount price is your clients gain. Countryclub tennis, pool or golf memberships available for purchase nearby
Unit Size
3,523 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$139
Property Type
House
Property Taxes
$975
HOA Dues
$4
Year Built
2000

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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: 5 months ago (LERA #541648)

Price History

Date / Event Date Event Price
Nov 7, 2005 Sold
Premium
Sold
Jun 6, 2005 Listed by Keller Williams Legacy $489,000
Listed by Keller Williams Legacy

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,278
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 32,147
  • Total Building Area: 4,801
  • Gross Building Area: 5,308
  • Building Area: 3,523
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,523
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS RANCH
  • Land Acres: 0000000738
  • 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 373A (REPLAT), .738 ACRES UNIT K9 (DEER MEADOW ESTATES)

Neighborhood

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

Geography

  • Assessors Map Reference: 1-5220-01193730
  • Parcel: 43746
  • Lot: 373A
  • Municipality: FAIR OAKS RANCH
  • Latitude: 29.7555
  • Longitude: -98.6525

    Address

  • Full Address: 8509 High Cliff Dr
  • Address - House Number: 8509
  • 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: $1,385,079
  • Tax Rate Code Area: SBN

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 66
  • Final Value: 815,286
  • High Value: 1,011,941
  • Low Value: 618,630

    Market Valuation

  • Market Total Value: $722,110
  • Market Land Value: $243,330
  • Market Improvement Value: $478,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $722,110
  • Assessed Land Value: $243,330
  • Assessed Improvements Value: $478,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 356988
  • Previous Sale Recording Date: Nov 10, 2005
  • Previous Sale Contract Date: Nov 07, 2005
  • Previous Sale Amount: $449,600
  • Previous Sale Document Type: 71
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:

$776,150

Sale Price/ft²

$233

Below Asking

0.03%

Average Days on Market

64

Average Home Size

3458 ft²

Average Home Age

32.7 years

Currently For Sale

29 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: Terry Reitz, Keller Williams Legacy
Last Updated: 5 months ago
Data Source: LERA, MLS# 541648
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 8509 High Cliff built and last sold?
The property at 8509 High Cliff was built in 2000 and last sold on May 27, 2021 for $685,300.
How much is this home worth?
The estimated value of the home located at 8509 High Cliff is $511,063.
What are some comparable homes to 8509 High Cliff?
There are currently no comparable homes to 8509 High Cliff.
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