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$799,000

For Sale - Active
8235 Shining Elk, Garden Ridge, TX 78266
4 Beds
4 Baths
2,876 Square Feet
0.00 Acres Lot
Built in 2018
For Sale - Active
Units n/a
Checked: 3 hours ago
Updated: Sep 11, 2025 at 07:29PM

Investment Summary


Monthly Cash Flow
-$2,527
Cap Rate
1.9%
Cash-on-Cash Return
-16.5%
Debt Coverage Ratio
0.33
Internal Rate of Return (5 years)
-12.0%

Property Description


0.00 Acres Lot
Built in 2018
For Sale - Active
Units n/a

Welcome to this beautifully designed 4-bedroom, 3.5-bath home on a spacious .78-acre lot in the peaceful Garden Ridge community. Thoughtful details and quality finishes throughout make this home both comfortable and refined. The open floor plan offers plenty of space to gather, with high ceilings and large windows that let in natural light. The kitchen is a true highlight—perfect for everyday living and entertaining. Each bedroom is generously sized, and the primary suite provides a quiet retreat with a spa-inspired bathroom and large walk-in closet. Step outside to enjoy the spacious level yard and circular driveway, with plenty of room to relax or host friends and family. The car enthusiasts will delight in the oversized 4 car garage! Nestled in a sought-after neighborhood known for its sense of community and convenience, this home offers a rare opportunity to enjoy both space and style. Schedule your showing today and come see what makes this home so special.

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Location


Property Details


Parking

  • Description: Four or More Car Garage, Oversized, Tandem
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 13
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Combination
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition, Shingle

HOA

  • Has HOA: Yes
  • Association: The Woods of Garden Ridge
  • HOA Fee: $235/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 560499004400
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2018

Tax Information

  • Annual Tax: $13,829

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Comal

Listing Details


Listed by:
Suzanne Kuntz
Keller Williams Heritage
(210) 861-2920

Source:
Central Texas MLS (CTXMLS)
MLS#: 581723
Central Texas MLS (CTXMLS)

Investment Summary


Monthly Cash Flow
-$2,527
Cap Rate
1.9%
Cash-on-Cash Return
-16.5%
Debt Coverage Ratio
0.33
Internal Rate of Return (5 years)
-12.0%

Purchase Details

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Purchase price:
$799,000
Amount financed:
-$639,200
Down payment:
$159,800
Closing costs:
$23,970
Rehab costs:
$0
Initial cash invested:
$183,770
Square feet:
2,876
Cost per square foot:
$278
Monthly rent per square foot:
$1.25

Financing Details

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Loan amount:
$639,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,781
Property tax:
$1,152
Insurance:
$252
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,185

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,600 $43,200
Vacancy loss: (6%)
6% -$216 -$2,592
Operating income:
$3,384 $40,608

Operating Expenses


% Rent Monthly Yearly
Property taxes: (32%)
32%-$1,152-$13,829
Insurance: (7%)
7%-$252-$3,024
Property management: (8%)
8%-$288-$3,456
Repairs & maintenance: (5%)
5%-$180-$2,160
Capital expenditures: (5%)
5%-$180-$2,160
HOA fees: (2%)
2%-$78-$936
Total operating expenses: (59%)
59%-$2,130-$25,565

Cash Flow


Monthly Yearly
Net operating income:
$1,254 $15,048
Mortgage payments:
-$3,781 -$45,372
Cash flow:
-$2,527 -$30,324