NOT LISTED FOR SALE

261 Buffalo Springs Rd New Braunfels, TX 78130

Comal Neighborhood

Estimated Value: $486,973

15 Acres
$32,465 Price per Acre
653,400 Sq Ft Lot

Last Sold May 08, 2014

Current estimated payment $2,925/month

26 Days on Market

Highlights

  • 15 Acre Lot
  • Ranch Style House
  • No HOA
  • Veramendi Elementary School Rated A-
  • Partially Wooded Lot
  • Wrought Iron Fence

About This Lot

As of May 2014

This is two legal tracts and a legal Subdivision called Iron Horse Estates. Lot 1 is 5.1 acres. Lot 2 is 9.9 acres. Potential (not guaranteed) to divide into 3 lots of 5 acre each. Good number of large trees on property. Road recently added. Two enterances. Large pond begun - needs to be finished. This property offers the buyer the opportunity to build multiple homes or set up as a gentleman's ranch. Close to New Braunfels and Canyon Lake. Potential owner financing available.

Last Agent to Sell the Property

Scott Bettersworth

Bettersworth Realty License #0485281 Listed on: 04/11/2014

Last Buyer's Agent

Scott Bettersworth

Bettersworth Realty License #0485281 Listed on: 04/11/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,266

Lot Details

  • 15 Acre Lot
  • Wrought Iron Fence
  • Partially Wooded Lot
  • Possible uses of the property include Development, Grazing, Other, Recreational, Residential, See Remarks, Subdevelopment

Home Design

  • Ranch Style House

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1 and 2
  • Assessor Parcel Number 149811

Property Details

Property Type

Land

Est. Annual Taxes

$3,266

Lot Details

0

Listing Details

  • Directions: This is two legal tracts and a legal Subdivision called Iron Horse Estates. Lot 1 is 5.1 acres. Lot 2 is 9.9 acres. Potential (not guaranteed) to divide into 3 lots of 5 acre each. Owner will not divide wishes to sell entire property. Potential for owner financing. Great oaks, deer, recent road. many building sites. Well estimate $18k.
  • Lot Size Acres: 15.0
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land,Acreage
  • Prop. Type: Land
  • Road Surface Type: Gravel
  • Subdivision Name: (See Legal Desc.)
  • Water Body Name: None
  • Special Features: None

Interior Features

  • Other Equipment: None
  • Possible Use: Development, Grazing, Other, Recreational, Residential, See Remarks, Subdevelopment

Exterior Features

  • Exclusions: 0
  • Fencing: Ranch Fence, Wrought Iron
  • Lot Features: Level, Outside City Limits, Ranch, Acreage
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: None

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Junior High Dist: New Braunfels ISD

Lot Info

  • Parcel #: 149811
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 1 and 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 7, 2014
Sold by
Bettersworth James S
Bought by
Hoffmann Todd and Hoffmann Shannon
Seller's Agent
Scott Bettersworth
Bettersworth Realty
Buyer's Agent
Scott Bettersworth
Bettersworth Realty
List Price
$265,000
Current Estimated Value
$486,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Jan 7, 2009
Sold by
Bettersworth James S and Bettersworth Sherry
Bought by
Gwd Trust

Purchase Details

Closed on
May 26, 2006
Sold by
Baumann Barret L and Baumann Jessica L
Bought by
Demetropoulos Carl L and Demetropoulos Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.87%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoffmann Todd -- Alamo Title
Gwd Trust -- None Available
Demetropoulos Carl L -- Atc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Homes By Hoffinann Inc $350,000
Previous Owner The Gwd Trust $200,000
Previous Owner Demetropoulos Carl L $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2014 05/08/14 Sold -- -- --
04/11/2014 04/11/14 For Sale $265,000 -- --
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,266 $284,170 $284,170 $0
2022 $4,559 $284,170 $284,170 --
2021 $2,084 $119,890 $119,890 $0
2020 $2,198 $119,890 $119,890 $0
2019 $2,258 $119,890 $119,890 $0
2018 $1,510 $82,210 $82,210 $0
2017 $1,498 $82,210 $82,210 $0
2016 $1,498 $82,210 $82,210 $0
2015 $1,498 $82,210 $82,210 $0
2014 $1,498 $82,210 $82,210 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 202047

Central Texas MLS (CTXMLS)

APN: 25-0254-0001-00