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San Antonio 78250 Northwest Side
8714 MELROSE
$135,000
● House - Off Market

8714 MELROSE

San Antonio, TX 78250
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,386 Ft²
$251,276
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Wonderful one story home with open floor plan.  Large Island Kitchen has upgraded stainless appliances, breakfast bar, and breakfast area. Upgraded Master shower.  Large bedrooms.  Second bedroom has built-in corner work space with cabinets, great for a home office or student study area. Beautiful back yard features custom wood deck and large mature trees.  Great location close to USAA, Medical Center, UTSA
Unit Size
1,386 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$97
Property Type
House
Property Taxes
$267
HOA Dues
$17
Year Built
1998

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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 #1074966)

Price History

Date / Event Date Event Price
Sep 17, 2014 Sold
Premium
Sold
Aug 22, 2014 Listed by Northwest Real Estate $135,000
Listed by Northwest Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 81
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,806
  • Gross Building Area: 1,806
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAINLAND SQUARE UT-1 PUD
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: NCB 18557 BLK 2 LOT 10 (MAINLAND SQUARE UT-1 PUD)

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 181711

Geography

  • Assessors Map Reference: 579C1
  • Parcel: 18557-002-0100
  • Block: 2
  • Lot: 10
  • Municipality: SAN ANTONIO
  • Latitude: 29.5086
  • Longitude: -98.6472

    Address

  • Full Address: 8714 Melrose
  • Address - House Number: 8714
  • Address - Street Name: Melrose
  • State: TX
  • City Name: San Antonio
  • Carrier Code: R151
  • 4-Digit Zip Code: 6017
  • Zip Code: 78250

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $485,803
  • Tax Rate Code Area: 56

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 284,602
  • High Value: 342,077
  • Low Value: 227,127

    Market Valuation

  • Market Total Value: $278,070
  • Market Land Value: $52,800
  • Market Improvement Value: $225,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,070
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $225,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210140411
  • Previous Sale Recording Date: Sep 17, 2014
  • Previous Sale Contract Date: Sep 16, 2014
  • 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 Northwest Side

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2452 ft²

Average Home Age

25 years

Currently For Sale

1683 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 6719 Timberhill Dr, Leon Valley, TX, 78238

$1,950 /mo

  • 4 Beds
  • 2 Baths
  • 2,318 ft²
6719 Timberhill Dr, Leon Valley, TX, 78238 Listing by Cuesta Murphy
Unit for rent at 8932 Maverick Draw, San Antonio, TX, 78250

$1,275 /mo

  • 3 Beds
  • 2 Baths
  • 1,284 ft²
8932 Maverick Draw, San Antonio, TX, 78250 Listing by Kirby Taylor

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Bob Drozd, Northwest Real Estate
Last Updated: 5 months ago
Data Source: LERA, MLS# 1074966
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 8714 Melrose built and last sold?
The property at 8714 Melrose was built in 1998 and last sold on May 21, 2021 for $218,900.
How much is this home worth?
The estimated value of the home located at 8714 Melrose is $140,909.
What are some comparable homes to 8714 Melrose?
There are currently no comparable homes to 8714 Melrose.
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