Your future 1.05 acre homesite on the ridge provides amazing potential for surrounding views! Embrace the Texas Hill Country life, SAVE money with NO HOA fees, NO city taxes. LOVE the convenience of being just minutes from outdoor recreation at the Guadalupe River, Canyon Lake. Floating the river, boating, fishing at the lake, camping, outdoor concerts…and the list of things to do goes on! Located in The Summit off River Road, this deed restricted community allows you to build a smaller home of at least 1,000 sq. ft. That is great news if you want a weekend getaway, a summer home, or just need a smaller space than what many other neighborhoods require! Need a staycation or have guests coming….reserve a vacation rental or RV space and enjoy all of the resort amenities & river access at The Summit Vacation & RV Resort located in the neighborhood! Check out the pictures, imagine clearing the way for your new home, & get ready to relax on your future deck overlooking the hill country!
Directions: From FM 2673 in Sattler (Canyon Lake), take River Road to the Summit Vacation Resort. Turn left on Summit Drive. At the T intersection, turn left on Summit Drive. Lot will be about a mile up, to the left of 3131 Summit Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $175,000
Tax Information:
Annual Amount: $737
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New Braunfels, TX.
Last updated on: 12/22/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$737
$48,360
2020
$737
$41,170
2019
$549
$28,820
2018
$550
$28,820
2017
$389
$20,580
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$941
Per Month
Principal & Interest
$874
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$591
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Mountain Valley Elementary School
310 Cannan Rd
Distance between this listing and this school2.00 miles
Public District Grades PK-5
8
/10
Hoffmann Lane Elementary School
4600 FM 306
Distance between this listing and this school4.48 miles
Public District Grades PK-5
5
/10
Startzville Elementary School
42111 FM 3159
Distance between this listing and this school6.87 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mountain Valley Middle School
1165 Sattler Rd
Distance between this listing and this school1.08 miles
Public District Grades 6-8
4
/10
Oak Run Middle School
415 Timber Holw
Distance between this listing and this school8.07 miles
Public District Grades 6-8
6
/10
Church Hill Middle School
1275 N Business 35
Distance between this listing and this school10.00 miles
Public District Grades 6-8
Nearby Schools
2
/10
Trinity Charter School
650 Scarborough Rd
Distance between this listing and this school2.31 miles
Public Charter Grades 6-12
5
/10
Canyon Lake High School
8555 FM 32
Distance between this listing and this school8.04 miles
Public District Grades 9-12
5
/10
New Braunfels High School
2551 Loop 337
Distance between this listing and this school8.37 miles
The neighbors living near this home have an average income of $70,799. The majority of New Braunfels, TX residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3111 Summit Dr
What is the listing price of this property?
The listing price of 3111 Summit Dr property is $175,000.
What type of property is this?
The property 3111 Summit Dr is land located in New Braunfels, Texas, 78132.
Is this property for sale now?
Active Listing: 3111 Summit Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $737 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3111 Summit Dr in New Braunfels, TX and zip code 78132 in the The Summit neighborhood. This home sits on a 1.05 acre lot. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $175,000.
In November 2024, from all listings sold in New Braunfels, TX there were more than 19 sold above asking price, over 105 sold below and more than 33 were sold right at the asked price. The number of homes for sale in New Braunfels, TX increased by 3.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $372,147, while the average time on the real estate market was 92 days.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country