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Boerne 78006
35150 Interstate 10
$425,000
● Land - Off Market

35150 Interstate 10

Boerne, TX 78006
bedrooms
Studio
bathrooms
0 Bath
square feet
40,946 Ft²
$693,514
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

MOTIVATED SELLER. GREAT PIECE OF LAND FOR OFFICE/RETAIL DEVELOPMENT RIGHT ON IH -10 AND HIGHWAY 46/BANDERA.  IN THE HEART OF BEAUTIFUL BOERNE BUSINESS DISTRICT, ZONING B-2, NEXT TO BRAND NEW HEB Plus, JUST FEW BLOCKS FROM SUPER WALMART, HOME DEPOT, HOSPITAL CENTER, GUADALUPE RIVER, THE BOERNE ISD, THE BEAUTIFUL HILL COUNTRY AND EASY ACCESS TO IH-10 NORTH TO FREDERICKSBURG OR SOUTH 15 MINUTES TO SAN ANTONIO AND FROM HWY 46 TO CITY OF BANDERA AND NEW BRAUNFELS. MAKE AN OFFER TODAY. OPPORTUNITY.
Unit Size
40,946 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$11
Property Type
Land
Property Taxes
$376
HOA Dues
-
Year Built
1982

Payment Calculator

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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: 5 months ago (LERA #1140192)

Price History

Date / Event Date Event Price
Aug 18, 2017 Sold
Premium
Sold
Sep 24, 2015 Listed by World Wide Realty,LLC $434,900
Listed by World Wide Realty,LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2002
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 975
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 85,508
  • Total Building Area: 32,493
  • Gross Building Area: 34,008
  • Building Area: 34,008
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 32,493
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: COUNTRY VILLAGE
  • Land Acres: 0000001963
  • Standard Land Use Code: 2043
  • County Land Use Code: F1
  • State Land Use Code: F1
  • Legal Description 1: COUNTRY VILLAGE LOT 3, 1.963 ACRES

Neighborhood

  • School District Name: Boerne Independent School District
  • Census Tract: 970500

Geography

  • Assessors Map Reference: 1-5153-00000022
  • Parcel: 21397
  • Lot: 3
  • Municipality: BOERNE
  • Latitude: 29.7819
  • Longitude: -98.7373

    Address

  • Full Address: 35150 Interstate 10 W
  • Address - House Number: 35150
  • Street Segment Direction: W
  • Address - Street Name: Interstate 10
  • State: TX
  • City Name: Boerne
  • Carrier Code: C011
  • 4-Digit Zip Code: 9222
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,221,903
  • Tax Rate Code Area: WCC

    Market Valuation

  • Market Total Value: $2,087,674
  • Market Land Value: $1,238,160
  • Market Improvement Value: $849,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,087,674
  • Assessed Land Value: $1,238,160
  • Assessed Improvements Value: $849,514

    Sales

  • Current Sale Contract Date: Feb 17, 2015
  • Current Sale Recording Date: Feb 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 290444
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 Boerne

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2402 ft²

Average Home Age

25.3 years

Currently For Sale

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

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Currently no similar homes around

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LERA

Listed by: Nelson Karaklis, World Wide Realty,LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1140192
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 35150 I-10 built and last sold?
The property at 35150 I-10 was built in 1982 and last sold on Feb 17, 2015 for $2,278,100.
How much is this home worth?
The estimated value of the home located at 35150 I-10 is $439,249.
What are some comparable homes to 35150 I-10?
There are currently no comparable homes to 35150 I-10.
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