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Fair Oaks Ranch 78015 Fair Oaks Ranch
8829 Cavalry Dr
$689,000
● House - Off Market

8829 Cavalry Dr

Fair Oaks Ranch, TX 78015
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,739 Ft²
$1,527,814
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

CUSTOM 1.5 STORY HOME, GRANITE COUNTER TOPS, HANDSCRAPED WOOD FLOORS, CUSTOM CABINETS, LRG ISLAND, CROWN THROUGHOUT, CUSTOM CEILINGS, POOL/HOT TUB, UPSTAIRS-GAME RM, MEDIA RM, & KITCHEN.  BEAUTIFUL TURRET STUDY W/BUILT-INS.  5TH ROOM DOWNSTAIRS CAN BE USED AS FITNESS OR CRAFT ROOM/NURSERY.  HUGE MASTER CLOSETS AND CUSTOM MASTERBATH.  GOLF/TENNIS/SOCIAL AVAILABLE WITH COUNTRY CLUB MEMBERSHIP.
Unit Size
4,739 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$148
Property Type
House
Property Taxes
$1,057
HOA Dues
$57
Year Built
2006

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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: 4 months ago (LERA #893996)

Price History

Date / Event Date Event Price
Jun 30, 2011 Sold
Premium
Sold
May 21, 2011 Listed by Century 21 Pinnacle $700,000
Listed by Century 21 Pinnacle

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2008
  • Building Count: 1
  • 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: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 975
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 37,026
  • Total Building Area: 5,709
  • Gross Building Area: 6,354
  • Building Area: 4,734
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,734
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS RANCH
  • Land Acres: 0000000850
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FAIR OAKS RANCH UNIT K12 (DEER MEADOW ESTATES) LOT 560, .85 ACRES UNIT K12 (DEER MEADOW ESTATES)

Neighborhood

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

Geography

  • Assessors Map Reference: 1-5220-01220560
  • Parcel: 49960
  • Lot: 560
  • Municipality: FAIR OAKS RANCH
  • Latitude: 29.7557
  • Longitude: -98.6596

    Address

  • Full Address: 8829 Cavalry Dr
  • Address - House Number: 8829
  • Address - Street Name: Cavalry
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Boerne
  • Carrier Code: R017
  • 4-Digit Zip Code: 4295
  • Zip Code: 78015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,718,964
  • Tax Rate Code Area: SBN

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 66
  • Final Value: 948,669
  • High Value: 1,177,870
  • Low Value: 719,467

    Market Valuation

  • Market Total Value: $1,090,470
  • Market Land Value: $300,590
  • Market Improvement Value: $789,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $985,799

    Exemptions

  • Homeowner Exemption: Yes
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:

$775,000

Sale Price/ft²

$234

Below Asking

0.03%

Average Days on Market

62

Average Home Size

3542 ft²

Average Home Age

32.1 years

Currently For Sale

33 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: Traci Gagnon, Century 21 Pinnacle
Last Updated: 4 months ago
Data Source: LERA, MLS# 893996
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 8829 Cavalry Drive built and last sold?
The property at 8829 Cavalry Drive was built in 2006 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8829 Cavalry Drive is $728,014.
What are some comparable homes to 8829 Cavalry Drive?
There are currently no comparable homes to 8829 Cavalry Drive.
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