$127,500
●
Land -
Off Market
LOT 91R HANNAH LN
Boerne, TX 78006
Studio
0 Bath
$1,011
Est. Monthly
$65
HOA / Fees
About This Property
Hands down, one of the best lots in the gated community of the
Highlands in Tapatio Springs, just a few minutes away from historic
downtown Boerne, Texas! Come build your dream home on this
spacious .27 acre, corner lot that back to a large private ranch
while offering nearly endless views of the Texas Hill Country!
The lot is easy to build on, as most of the topography is
level with a very gradual/gentle slope towards the back of the lot,
so your construction dreams are not limited! The lot next door, a
.25 acre lot, is also available if you wanted to combine lots for
over 1/2 acre. Tapatio Springs is an active lifestyle community
with a beautiful golf course, clubhouse, restaurant, event center,
pool (various membership levels to choose from if you want to) and
is located less than 10 minutes to downtown Boerne, shopping and
dining. This lot is a superb lot, so don't wait!
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$165
HOA Dues
$65
Year Built
2005
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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 #1756237)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 5, 2025 | Price Decreased |
$610,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Jul 1, 2025 | Price Decreased |
$650,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by Compass RE Texas, LLC. | $660,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
|
Welcome to your dream home in the serene community of Tapatio Springs! This exquisite 3-bedroom, 2-bathroom residence is a masterpiece of elegant living, offering a perfect blend of luxury and comfort. Nestled in a prime location, this home boasts extravagant landscaping that requires minimal maintenance, making it ideal for those who prefer the beauty of nature without the hassle of lawn care. Step inside to discover an open-concept floor plan bathed in natural light, perfectly designed for both relaxation and entertainment. The spacious living area features hill country views that highlight the stunning natural beauty surrounding the property. Imagine waking up to breathtaking vistas and unwinding on your private patio as the sun sets over the lush greenbelt that lines the back of the property. Don't miss the opportunity to own a slice of paradise in Tapatio Springs, where luxury meets nature. Schedule your private tour and experience the extraordinary lifestyle that awaits!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Tapatio Springs
Similar Homes for Sale
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Listed by: Mark Phillips, Hill Country Flat Fee Realty
Last Updated: 5 months ago
Data Source: LERA, MLS# 1756237
Last Updated: 5 months ago
Data Source: LERA, MLS# 1756237
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