BLOCK 3, LOT 1 Easy Money
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2025 | Listed by Cibolo Creek Realty, LLC | $199,000 | |
| Listed by Cibolo Creek Realty, LLC | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 20, 2024 | Listed by Cibolo Creek Realty, LLC | $199,000 | |
| Listed by Cibolo Creek Realty, LLC | |||
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Lot 1, Block 3 within the highly anticipated neighborhood of George's Ranch in Boerne, now offering custom-build lots to the public. The Parade of Homes taking place here in May of 2025 features the best custom builders who have constructed the latest and greatest in new-builds. This is your opportunity to get in on the ground level and be a part of this community that was historically the homestead ranch of the county's namesake, George Kendall. Developed by the same group who successfully brought to Boerne the critically acclaimed neighborhood of Esperanza, you can have the utmost confidence that George's Ranch is going to be a huge hit. Please reach out to me as the exclusive Broker for George's Ranch's custom section, Adeline, and I will personally give you the tour to help get you where you need to be.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017