NOT LISTED FOR SALE

405 Cypress Unit 15 Fredericksburg, TX 78624

Estimated Value: $737,232 - $891,000

0.22 Acre
$3,792,309 Price per Acre
9,583 Sq Ft Lot

Last Sold February 23, 2023

Current estimated payment $5,470/month

27 Days on Market

About This Lot

As of February 2023

THE PRESERVE - one of Fredericksburg's most sought after neighborhoods now has one of the few remaining unbuilt lots for sale. Lot 15 offers a little privacy and room for a back yard with 0.2298 acres. You will love the neighborhood with well maintained homes and great neighbors. Even though you are just minutes from downtown you will also appreciate the peaceful setting with no through traffic in the neighborhood. So if you have been searching for a spot to build your dream home, come take a look today!

Last Agent to Sell the Property

Mike Starks

RE/MAX Town & Country Brokerage Phone: 8309908708 License #TREC# 0489886 Listed on: 01/26/2023

RE/MAX Town & Country

Last Buyer's Agent

Mike Starks

RE/MAX Town & Country Brokerage Phone: 8309908708 License #TREC# 0489886 Listed on: 01/26/2023

RE/MAX Town & Country

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Level Lot

HOA Fees

  • $14 Monthly HOA Fees

Utilities

  • Well

Community Details

  • The Preserve Subdivision

Listing and Financial Details

  • Tax Lot 15

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Attribution Contact: 8309908708
  • Prop. Type: Land
  • Property Sub Type: City Lots
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Subdivision Name: The Preserve
  • Directions: From Main head north on Cherry, the left onto Yaupon, left onto Cyress. Lot is on the left.
  • Special Features: None

Interior Features

  • Possible Use: Residential, Investment, Vacation

Exterior Features

  • Topography: Level
  • Fencing: Wood, Partial
  • Lot Features: Other-See Remarks, City Lot
  • View: No

Utilities

  • Sewer: Public Sewer
  • Electric: City Electric-On Property
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Fredericksburg

Lot Info

  • Zoning: R-1
  • Current Use: Single Family Residential, Vacant Land
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1100
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Kerrville Const & Design Llc
Bought by
Mcdade William C and Mcdade Allison L
Current Estimated Value
$834,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Outstanding Balance
$783,432
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$50,876

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 27, 2023
Sold by
Aleman Homes And Construction
Bought by
Kerrville Construction And Design
Seller's Agent
Mike Starks
RE/MAX Town & Country
Buyer's Agent
Mike Starks
RE/MAX Town & Country
List Price
$189,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.01%

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 24, 2023
Sold by
Aleman Homes And Construction Llc
Bought by
Texas Living Homes
Seller's Agent
Mike Starks
RE/MAX Town & Country
Buyer's Agent
Mike Starks
RE/MAX Town & Country
List Price
$189,000
Views
14

Purchase Details

Closed on
Jun 9, 2021
Sold by
Nativi Jeffrey Ronald and Nativi Beverly Fulton
Bought by
Construction Aleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Mcdade William C -- Select Title
Kerrville Construction And Design -- None Listed On Document
Texas Living Homes -- --
Construction Aleman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdade William C $796,000
Previous Owner Construction Aleman $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2023 02/23/23 Sold -- -- --
01/26/2023 01/26/23 For Sale $189,000 +191.2% --
03/11/2016 03/11/16 Sold -- -- -- View Prior Sale
02/10/2016 02/10/16 Pending -- -- --
01/27/2014 01/27/14 For Sale $64,900 -- --
Source: Central Hill Country Board of REALTORS®

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
2025 $12,602 $1,006,640 $207,710 $798,930
2024 $12,602 $630,940 $170,170 $460,770
2023 $2,085 $170,170 $170,170 $0
2022 $1,646 $110,110 $110,110 $0
2021 $1,309 $77,580 $77,580 $0
2020 $1,152 $66,870 $66,870 $0
2019 $1,195 $66,870 $66,870 $0
2018 $1,068 $60,060 $60,060 $0
2017 $1,098 $60,060 $60,060 $0
2016 -- $27,030 $27,030 $0
2015 -- $22,520 $22,520 $0
2014 -- $19,820 $19,820 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Starks

    Seller's Agent in 2023

    Mike Starks

    RE/MAX

    (830) 456-3532

    175 Total Sales

    Mike Starks
    Section Image

  • D

    Seller's Agent in 2016

    Darlene Dartez

    Reata Ranch Realty, LLC

    (830) 889-9392

    49 Total Sales

    Darlene Dartez
    Section Image
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Map

Source: Central Hill Country Board of REALTORS®

MLS Number: 87707

Central Hill Country Board of REALTORS®

APN: 90441

Texas Gillespie County Fredericksburg 78624

405 Cypress Unit 15, Fredericksburg, TX

Not Listed for Sale

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Central Hill Country Board of REALTORS® 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.

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