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Fair Oaks Ranch 78015 Fair Oaks Ranch
8691 Rolling Acres Trail
$325,000
● House - Off Market

8691 Rolling Acres Trail

Fair Oaks Ranch, TX 78015
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,589 Ft²
$591,786
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Immaculate home on almost 2 park-like acres features Lite & Brite interiors w/spacious spaces; Recent HVAC, Septic, Roof & H2O Heater + GE SS Appliances make the living easy in popular Fair Oaks Ranch; Kitchen is open & offers granite counters & abundant cabinetry; Room to Roam, award winning schools & plenty of storage including loads of closet space + newer Storage Shed; Trail system & quick access to award-winning schools & shopping; Peaceful living is the norm here in FOR with this well priced home
Unit Size
2,589 Ft²
Days on Market
-
Land Size
1.74 acres
Price per sqft
$131
Property Type
House
Property Taxes
$471
HOA Dues
$6
Year Built
1993

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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 #1155920)

Price History

Date / Event Date Event Price
Mar 11, 2016 Sold
Premium
Sold
Jan 14, 2016 Listed by Phyllis Browning Company $340,000
Listed by Phyllis Browning Company

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2011
  • 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: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 75,794
  • Total Building Area: 3,083
  • Gross Building Area: 3,187
  • Building Area: 3,083
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,083
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS RANCH
  • Land Acres: 0000001740
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FAIR OAKS RANCH UNIT K6 LOT 228, 1.74 ACRES UNIT K6

Neighborhood

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

Geography

  • Assessors Map Reference: 1-5220-01162280
  • Parcel: 22221
  • Lot: 228
  • Municipality: FAIR OAKS RANCH
  • Latitude: 29.7627
  • Longitude: -98.6531

    Address

  • Full Address: 8691 Rolling Acres Trl
  • Address - House Number: 8691
  • Address - Street Name: Rolling Acres
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Boerne
  • Carrier Code: R010
  • 4-Digit Zip Code: 4067
  • Zip Code: 78015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $785,608
  • Tax Rate Code Area: SBN

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 66
  • Final Value: 720,132
  • High Value: 891,830
  • Low Value: 548,433

    Market Valuation

  • Market Total Value: $633,580
  • Market Land Value: $279,800
  • Market Improvement Value: $353,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,534

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2016
  • Current Sale Recording Date: Mar 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 300382
  • Previous Sale Recording Date: Jan 02, 2013
  • Previous Sale Contract Date: Dec 19, 2012
  • Previous Sale Amount: $287,400
  • 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

$233

Below Asking

0.03%

Average Days on Market

63

Average Home Size

3568 ft²

Average Home Age

32.4 years

Currently For Sale

32 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: Leslie Brown, Phyllis Browning Company
Last Updated: 5 months ago
Data Source: LERA, MLS# 1155920
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 8691 Rolling Acres Trail built and last sold?
The property at 8691 Rolling Acres Trail was built in 1993 and last sold on Mar 16, 2016 for $419,700.
How much is this home worth?
The estimated value of the home located at 8691 Rolling Acres Trail is $364,164.
What are some comparable homes to 8691 Rolling Acres Trail?
There are currently no comparable homes to 8691 Rolling Acres Trail.
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