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Kendall 78006 Cordillera Ranch
337 PARK RIDGE
$2,000,000
● House - Off Market

337 PARK RIDGE

Boerne, TX 78006
bedrooms
4 Beds
bathrooms
5 Baths
square feet
5,391 Ft²
$3,717,383
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

This magnificent 26 acre equestrian estate is in the exclusive Cordillera Ranch. The exquisite 5,900 +/- square-foot house features four bedrooms, five full baths, four fireplaces, master bedroom with fireplace and sitting area, two living areas, media room and a gourmet kitchen with granite counter tops. The 28 foot vaulted ceilings with wood trusses lead you to the outdoor patio and pool area. The show barn has five stalls, three finished rooms, all overlooking the lighted riding arena.
Unit Size
5,391 Ft²
Days on Market
-
Land Size
26.00 acres
Price per sqft
$408
Property Type
House
Property Taxes
$1,081
HOA Dues
$960
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 5 months ago (LERA #568488)

Price History

Date / Event Date Event Price
Mar 15, 2006 Sold
Premium
Sold
Dec 14, 2005 Listed by CR Realty, LLC $2,197,500
Listed by CR Realty, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,170
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 1,132,560
  • Total Building Area: 8,161
  • Gross Building Area: 9,161
  • Building Area: 6,991
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 6,991
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORDILLERA RANCH
  • Land Acres: 0000026000
  • Standard Land Use Code: 1000
  • County Land Use Code: E1
  • State Land Use Code: E1
  • Legal Description 1: CORDILLERA RANCH UNIT 4 BLK C LOT 25A (REPLAT), 26.0 ACRES UNIT 4

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970403

Geography

  • Assessors Map Reference: 1-5148-40030250
  • Subdivision Tract Number: S151481
  • Parcel: 40785
  • Block: C
  • Lot: 25A
  • Municipality: BOERNE
  • Latitude: 29.8542
  • Longitude: -98.5957

    Address

  • Full Address: 337 Park Rdg
  • Address - House Number: 337
  • Address - Street Name: Park
  • Address - Suffix Type: Rdg
  • State: TX
  • City Name: Boerne
  • Carrier Code: H011
  • 4-Digit Zip Code: 5713
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,112,871
  • Tax Rate Code Area: WCC

    Appraisal Valuation

  • Standard Deviation: 0.41
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 17
  • Final Value: 1,940,160
  • High Value: 2,735,708
  • Low Value: 1,144,611

    Market Valuation

  • Market Total Value: $3,703,660
  • Market Land Value: $1,638,010
  • Market Improvement Value: $2,065,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,130,250
  • Assessed Land Value: $64,600
  • Assessed Improvements Value: $2,065,650

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 332523
  • Previous Sale Recording Date: Apr 01, 2015
  • Previous Sale Contract Date: Mar 02, 2015
  • Previous Sale Document Type: 71
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:

$1,962,000

Sale Price/ft²

$429

Below Asking

0.02%

Average Days on Market

105

Average Home Size

5559 ft²

Average Home Age

15.2 years

Currently For Sale

39 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

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LERA

Listed by: Gary Peterson, CR Realty, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 568488
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 337 Park Ridge built and last sold?
The property at 337 Park Ridge was built in 1999 and last sold on Jul 10, 2019 for $1,875,000.
How much is this home worth?
The estimated value of the home located at 337 Park Ridge is $2,227,991.
What are some comparable homes to 337 Park Ridge?
There are currently no comparable homes to 337 Park Ridge.
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