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Canyon Lake 78070 Mystic Shores
924 Mystic Pkwy
$243,000
● Land - Off Market

924 Mystic Pkwy

Spring Branch, TX 78070
bedrooms
Studio
bathrooms
0 Bath
$378,032
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

WOW!!  Miles of views looking over the natural bends and curves in the Guadalupe River.  It does not get much more beautiful than this water/riverfront lot.    From the top of the hill you can see the lake on one side and the river on the other.  No time limit on when you need to start building your dream home, so you can buy now and build later.  The neighborhood offers a pool, boat ramp, playground, park, picnic tables, and plenty of opportunities to enjoy the lake and the river. Welcome home!
Unit Size
-
Days on Market
-
Land Size
4.84 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
$26
Year Built
-

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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: 6 months ago (LERA #1267810)

Price History

Date / Event Date Event Price
Aug 15, 2018 Sold
Premium
Sold
Sep 9, 2017 Listed by Keller Williams Hill Country $249,900
Listed by Keller Williams Hill Country

Property Highlights

Building Info

Overview

    General

  • 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: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 210,830
  • Lot Size Depth Feet: 10,480
  • Lot Size Frontage Feet: 2,490
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RIVERS EDGE AT MYSTIC SHORES
  • Land Acres: 0000004840
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: RIVERS EDGE AT MYSTIC SHORES, LOT 1291

Neighborhood

  • School District Name: Comal Independent School District
  • School Tax School District: FLC SCIS
  • Census Tract: 310609

Geography

  • Assessors Map Reference: 320-C5
  • Parcel: 114992
  • Lot: 1291
  • Municipality: SPRING BRANCH
  • Latitude: 29.9168
  • Longitude: -98.3173

    Address

  • Full Address: 924 Mystic Pkwy
  • Address - House Number: 924
  • Address - Street Name: Mystic
  • Address - Suffix Type: Pkwy
  • State: TX
  • City Name: Spring Branch
  • Carrier Code: H003
  • 4-Digit Zip Code: 5519
  • Zip Code: 78070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $611,600
  • Tax Rate Code Area: ES4

    Market Valuation

  • Market Total Value: $409,440
  • Market Land Value: $409,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,440
  • Assessed Land Value: $409,440

    Sales

  • Current Sale Contract Date: Aug 13, 2018
  • Current Sale Recording Date: Aug 15, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201806032233
  • Previous Sale Recording Date: Jun 17, 2010
  • Previous Sale Contract Date: Jun 16, 2010
  • Previous Sale Document Type: 68
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 West Canyon Lake

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$248

Below Asking

0.05%

Average Days on Market

98

Average Home Size

3042 ft²

Average Home Age

10.4 years

Currently For Sale

80 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 1848 Tanglewood Trl, Spring Branch, TX, 78070

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,773 ft²
1848 Tanglewood Trl, Spring Branch, TX, 78070 Listing by Dustin Tucker

Rentals Near You

Click here to view more rentals in the neighborhood.
LERA

Listed by: Elisa Wilcox, Keller Williams Hill Country
Last Updated: 6 months ago
Data Source: LERA, MLS# 1267810
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 924 Mystic Parkway built and last sold?
The property at 924 Mystic Parkway was built in and last sold on Aug 13, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 924 Mystic Parkway is $252,399.
What are some comparable homes to 924 Mystic Parkway?
There are currently no comparable homes to 924 Mystic Parkway.
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