$51,250
●
Land -
Off Market
113 River Rdg
Boerne, TX 78006
Studio
0 Bath
$133,948
RealtyHop Estimate
123.25%
Since Apr 1, 2011
National-US
Primary Model
About This Property
This stunning corner view lot in scenic River Mountain Ranch is big
enough for your dream home in the country, yet civilized enough to
be comfortable. This lot is up high and has commanding 360
degree views of the surrounding area. Excellent Boerne
schools, only a short drive to shopping, in the heart of the Texas
Hill Country, with abundant wildlife and trees galore. Close
to the two HOA River Parks on the Guadalupe River, there are many
lots available, but this is the one you will want to build on.
Unit Size
-
Days on Market
-
Land Size
3.63 acres
Price per sqft
-
Property Type
Land
Property Taxes
$93
HOA Dues
$17
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (LERA #862294)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by eXp Realty | $165,000 | |
| Listed by eXp Realty | |||
   | |||
|
Build Your Dream Home on This Stunning 3.63 Acre Corner Lot in Beautiful River Mountain Ranch. Located 20 Minutes from Downtown Boerne with Boerne ISD offering Award Winning Schools. This Custom Home Subdivision Offers 2 Community Parks with Access to the Guadalupe River and 1 Community Park with Access to Spring Creek. Parks are Equipped for Fishing, Kayaking, Tubing, Swimming and Picnicking with Family and/or Friends. The 3.63 Acre Corner Lot Offers Multiple Build Sites with Plenty of Space Between Your Neighbors. Building Restrictions Include a Minimum of 1400 Sq/ft Primary Home and Septic and Well are Needed. Electric and Phone are Onsite. Secondary Dwellings Are Allowed along with Horses and Chickens! No City Taxes!
| |||
| Nov 14, 2023 | No longer available | - | |
| No longer available | |||
| Oct 26, 2023 | Price Decreased |
$192,390
↓ $15K
(7.1%) | |
| Price Decreased | |||
| May 12, 2023 | Listed by Boerne Lonestar Properties LLC | $207,000 | |
| Listed by Boerne Lonestar Properties LLC | |||
| | |||
|
Corner acreage lot with beautiful distant views of the hill country. Plenty of room for your homesite and not too far from the homeowner parks (three HOA parks in the neighborhood!) River Mountain Ranch on the Guadalupe River for fishing, swimming and tubing. Come see this great lot in highly sought after River Mountain Ranch!
| |||
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About Kendall
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Currently no similar homes aroundNearby Rentals
Listed by: Maynard Stephens, Keller Williams City-View
Last Updated: 4 months ago
Data Source: LERA, MLS# 862294
Last Updated: 4 months ago
Data Source: LERA, MLS# 862294
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