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$970,000

7307 New Sulphur Springs, San Antonio, TX, 78263

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths995 Sq Ft
price_per_sqft$974.87 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3

Exterior

Lot Size55.01 acres

Land Information

APN05136-000-0026
Lot Number26
SubdivisionNorth East Central
Land UseAgriculture / Farming
Legal DescriptionCB 5136 P-2C & P-2D ABS 545 2022-RSVY PER DEED 20210217459, EXE 08-05-2021
Census Tract141900
Assessed Land Value$3,090
Assessment Year2025

About this property

There's just something magical about this place, and it's only about 3 miles outside of 410. Whether you are looking for a new homestead, a place to run cattle, or a fun weekend retreat, it's got something that will appeal. A private, gated drive leads back to this fenced, currently ag-exempt 44+/- acre property, which sits up just a little higher than surrounding land and catches an incredible breeze from three porches. Improvements include a rustic barndominium, three bay (one high bay) workshop with bathroom, 8 bay open carport, 2 hay barns, a corral, and an enclosed barn on a slab. The barndominium was constructed from red iron and features a downstairs bed and bathroom with jacuzzi tub and shower, and a fabulous upstairs open loft (currently used as a second bedroom) that is surrounded by windows and also has its own bathroom. A new septic with double tank and 5 lateral lines was recently installed. There is a tank at the northeast corner of the property. Red property outline in aerial photos is approximate and for illustrative purposes only. Public water system available. There is an old well on the property that is not currently in use. Seller believes property is unrestricted. Priced for land.

Investor Tools

$299,687Estimated Mortgage Balance
$3,090Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,820 /month
Positive
Cash Flow Estimate:
$1,940 /month

Interested in this property?

Danni Springfield

Springfield Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$75
$3,090
2025
$3,090
N/A
$871,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$75
$3,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Open End Mortgage / Open End With Future Advance Clause
$330,060
No
First
Aug 3, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,687
N/A
0%
9699%
$1,979/mo

City: San Antonio