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Kendall 78006 Cordillera Ranch
1513 Cordillera Trce
$135,000
● Land - Off Market

1513 Cordillera Trce

Boerne, TX 78006
bedrooms
Studio
bathrooms
0 Bath
$308,674
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

This stunning 5.16 acre lot located in Cordillera Ranch is a prime piece of Hill Country real estate. A gentle slope with ample land provides many ideal options for those looking to build the home of their dreams. Mature Oaks and evergreens are found throughout this lush lot allowing for ample privacy. Conveniently located within 5 minutes of the Clubs of Cordillera Ranch which offers 7 resort-style clubs (golf, tennis, rod/gun, swim, social, equestrian and river) this is truly an ideal community
Unit Size
-
Days on Market
-
Land Size
5.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$167
HOA Dues
$125
Year Built
2014

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Cap Rate Calculator

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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 #930613)

Price History

Date / Event Date Event Price
Mar 7, 2013 Sold
Premium
Sold
Feb 6, 2012 Listed by CR Realty, LLC $150,000
Listed by CR Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,941
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 224,770
  • Total Building Area: 3,805
  • Gross Building Area: 4,117
  • Building Area: 1,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORDILLERA RANCH
  • Land Acres: 0000005160
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CORDILLERA RANCH UNIT 11 BLK A LOT 9A (REPLAT), 5.16 ACRES UNIT 11

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970404

Geography

  • Assessors Map Reference: 1-5149-11010090
  • Subdivision Tract Number: S151481
  • Parcel: 44599
  • Block: A
  • Lot: 9A
  • Municipality: BOERNE
  • Latitude: 29.8637
  • Longitude: -98.6323

    Address

  • Full Address: 1513 Cordillera Trce
  • Address - House Number: 1513
  • Address - Street Name: Cordillera
  • Address - Suffix Type: Trce
  • State: TX
  • City Name: Boerne
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,315,916
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 71
  • Final Value: 1,043,905
  • High Value: 1,263,064
  • Low Value: 824,746

    Market Valuation

  • Market Total Value: $837,470
  • Market Land Value: $261,150
  • Market Improvement Value: $576,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $837,470
  • Assessed Land Value: $261,150
  • Assessed Improvements Value: $576,320

    Sales

  • Current Sale Contract Date: Mar 07, 2013
  • Current Sale Recording Date: Mar 07, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 273380
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cordillera Ranch

Stats & Trends

Median Asking:

$1,968,500

Sale Price/ft²

$429

Below Asking

0.02%

Average Days on Market

95

Average Home Size

5491 ft²

Average Home Age

15.5 years

Currently For Sale

40 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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LERA

Listed by: Richard Grimes, CR Realty, LLC
Last Updated: 4 months ago
Data Source: LERA, MLS# 930613
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1513 Cordillera Trace built and last sold?
The property at 1513 Cordillera Trace was built in 2014 and last sold on Mar 7, 2013 for $126,600.
How much is this home worth?
The estimated value of the home located at 1513 Cordillera Trace is $151,500.
What are some comparable homes to 1513 Cordillera Trace?
There are currently no comparable homes to 1513 Cordillera Trace.
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