Lone Star Ranch
15933 STABLE RUN DRIVE Spring Hill, FL 34610
15933 STABLE RUN DRIVE, Spring Hill, FL, 34610
$240,000
For Sale
$240,000
Two-bedroom townhome with den, water views, and community pool.
Property Size1,390 SF
Lot Size0.03 Acres
Price / SF$172.66
Days on Market558
Property Features for 15933 STABLE RUN DRIVE
General Information
- Standard status
- Active
- Size
- 1,390 SF
- Lot size
- 0.03 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2013
Listing agency
COLDWELL BANKER FIGREY&SONRES
(727) 207-2860
Listed by
Cortney Bain · License #3370693
(727) 207-2860
Source
Exitrealty
Added: Jan 10, 2025 Updated: Jul 6 at 12:37PM Checked: Jul 21 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER FIGREY&SONRES
Investment Insights
Based on property information with market context.
Located in the Lone Star Ranch community, this townhome, built in 2013, features 2 bedrooms, 2.5 baths, and a bonus den suitable for a third bedroom, office, or playroom. The house has 1,390 square feet of living space and offers water views. A new front door welcomes you into the home, which features hardwood floors throughout the main living area. The kitchen includes granite countertops, a backsplash, and stainless steel appliances. Sliding doors lead to a screened lanai with new pavers, providing a space to relax and enjoy the water views. Upstairs, the master suite features a walk-in closet and an en-suite bathroom with a walk-in shower. The second bedroom also has a walk-in closet, with a full bathroom next door that includes a shower/tub combo. The laundry closet is located upstairs for convenience. The property includes access to a community pool. The roof and AC were installed in 2013. The property is located near a bike trail, the Suncoast Parkway, shopping, and dining.
Key Highlights
- Breathtaking water views from the backyard and screened lanai.
- Located in the highly sought‑after Lone Star Ranch community with low HOA fees and community pool access.
- Features a bonus den that can be used as a third bedroom, office, or playroom.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.4k | $20.40 |
| − Vacancy | −$1.6k | −$1.18 |
| EGI | $26.7k | $19.22 |
| − OpEx | −$12.0k | −$8.65 |
| NOI | $14.7k | $10.57 |
1,390 SF · lease $20.40/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$209.9K
$183.6K – $244.9K
NOI $14,691 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.4K
$388.9K – $518.5K
NOI $31,109 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Two-bedroom townhome with den, water views, and community pool.
Where is this residential income property located?
The property is located at 15933 STABLE RUN DRIVE Spring Hill, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Breathtaking water views from the backyard and screened lanai.; Located in the highly sought‑after Lone Star Ranch community with low HOA fees and community pool access.; Features a bonus den that can be used as a third bedroom, office, or playroom.
