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Kendall 78006 Coveney Ranch
LOT 7 Mayacama Ridge
$825,000
● Land - Off Market

LOT 7 Mayacama Ridge

Boerne, TX 78006
bedrooms
Studio
bathrooms
0 Bath
$4,711
Est. Monthly
$200
HOA / Fees

About This Property

This 1.226 acre homesite is located within the exclusive gated enclave of Mayacama Ridge and is within walking distance to the clubhouse, golf course, tennis, pickleball, fitness center, pools and restaurant.  This property offers some of the best hill country views available within the "Clubs" area of Cordillera Ranch and features central water, sewer, propane and high speed fiber optic cable.  No time limit to build.  Acclaimed Boerne schools.  No city tax.  MASTER GOLF MEMBERSHIP available.
Unit Size
-
Days on Market
-
Land Size
1.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$194
HOA Dues
$200
Year Built
-

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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 #1689587)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Premium
Sold
May 22, 2023 Listed by CR Realty, LLC $879,000
Listed by CR Realty, LLC
Jun 18, 2021 Sold
Premium
Sold
Jan 21, 2021 Listed by JB Goodwin, REALTORS $239,900
Listed by JB Goodwin, REALTORS
Come build your custom home on this beautiful 1.51 acre lot in Texas Hill Country's exclusive Cordillera Ranch! The property is located on Clubs Drive about 1/2 a mile from the Club House and easy access to the Joe Klar Road gate. This large corner lot has its own private road to access the lot. Property has central water, central sewer, central propane gas to the lot, and high speed fiber optic cable.

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,776
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CORDILLERA RANCH
  • Land Acres: 0000001510
  • Standard Land Use Code: 8000
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: CORDILLERA RANCH UNIT 204 BLK A LOT 56, 1.51 ACRES UNIT 204

Neighborhood

  • Census Tract: 970403

Geography

  • Assessors Map Reference: 1-5149-20400560
  • Parcel: 50684
  • Block: A
  • Lot: 56
  • Municipality: BOERNE
  • Latitude: 29.831
  • Longitude: -98.6074

    Address

  • Full Address: 7 Mayacama Pt
  • Address - House Number: 7
  • Address - Street Name: Mayacama
  • Address - Suffix Type: Pt
  • State: TX
  • City Name: Boerne
  • Carrier Code: H011
  • 4-Digit Zip Code: 6101
  • Zip Code: 78006

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $233,206
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: GKE SBN WC

    Market Valuation

  • Market Total Value: $143,750
  • Market Land Value: $143,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $472,780
  • Assessed Land Value: $472,780

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 357871
  • Previous Sale Recording Date: Oct 18, 2017
  • Previous Sale Contract Date: Oct 18, 2017
  • Previous Sale Amount: $143,400
  • Previous Sale Document Type: 70
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 Coveney Ranch

Stats & Trends

Median Asking:

$1,112,500

Sale Price/ft²

$221

Above Asking

0.00%

Average Days on Market

65

Average Home Size

2357 ft²

Average Home Age

11 years

Currently For Sale

1 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: Charles Mueller, CR Realty, LLC
Last Updated: 5 months ago
Data Source: LERA, MLS# 1689587
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 7 Mayacama Ridge built and last sold?
The property at 7 Mayacama Ridge was built in and last sold on Jun 18, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 7 Mayacama Ridge is $887,790.
What are some comparable homes to 7 Mayacama Ridge?
There are currently no comparable homes to 7 Mayacama Ridge.
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