Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2219 -- Hiline Dr Bulverde, TX 78163

    Sponsored
    For Sale
    $300,000

    Single Family Residential, City Lots - Bulverde, TX

    Type:Single Family Residence
    Lot size:
    3.86 Acres
    Days on Market:
    46
    Last Refresh:
    Jan 30 at 12:06 am

    Property Features for 2219 -- Hiline Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R-1
    Exterior features
    None
    Lot size
    3.86 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sonny Allen

    Keller Williams Realty - Austin (512) 448-4111

    Listing agent Sonny Allen (512) 448-4111

    Listing date Dec 16, 2025

    MLS# 98250 Listing URL

    Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Bulverde Estates Residential Land

    Located within the city limits of Bulverde, Texas, this 3.86 +/- acre lot is situated in the Bulverde Estates II neighborhood. The property features rolling terrain, mature oaks and cedar trees, and views of the Texas Hill Country. The land includes rock faces contrasting with native grasses, and a wet weather creek. Perimeter fencing is present on two sides of the property. Electric is available from the road. The property is zoned to Comal ISD. The lot is subject to neighborhood deed restrictions. The property offers proximity to Highway 281, providing access to San Antonio and Austin. The location is a short drive from Fredericksburg and the Texas Wine Country. The property is intended for single family residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bulverde
    County
    Comal
    State
    Texas
    Longitude
    -98.4551394
    Latitude
    29.7807281

    Nearby Similar for Sale

    • $4,147,920

      Sprawling Southern Charm Property

      59-acre property with a 3,225 sq. ft. home.
      31210 Stahl Ln, Bulverde, TX 78163
      View Details
    • $3,250,000

      Historic Ranch in Bulverde, Texas

      Restored 1867 stone home on horse property.
      751 Shearer Rd, Bulverde, TX 78163
      View Details
    • $1,649,000

      Texas Hill Country Estate

      9-acre estate with multiple residences and extensive amenities.
      450 Georg Oaks, Bulverde, TX 78163
      View Details
    • $989,999

      Georg Oaks Specialty Property

      Specialty property available for sale in Bulverde, Texas.
      838 Georg Oaks, Bulverde, TX 78163
      View Details
    • $379,000

      Bulverde Specialty Property For Sale

      Specialty property available in Bulverde, Texas for $379,000.
      3629 Copper Riv, Bulverde, TX 78163
      View Details
    • $997,900

      Bulverde Specialty Property For Sale

      Specialty property available for purchase in Bulverde, Texas.
      31160 Clover Pass, Bulverde, TX 78163
      View Details
    • $674,900

      Bulverde Specialty Property For Sale

      Specialty property available for purchase in Bulverde, Texas.
      31225 Fallow Way, Bulverde, TX 78163
      View Details
    • $479,000

      Bulverde Specialty Property For Sale

      Specialty property available in Bulverde, Texas, priced at $479,000.
      31822 High Ridge Dr, Bulverde, TX 78163
      View Details
    • $458,000

      Bulverde Specialty Property for Sale

      Specialty property available for purchase in Bulverde, Texas.
      31770 Nimbus, Bulverde, TX 78163
      View Details
    • $1,200,000

      Bulverde Specialty Property For Sale

      Specialty property available for purchase in Bulverde, Texas.
      739 Maximino Rdg Rd, Bulverde, TX 78163
      View Details
    • $1,050,900

      Bulverde Specialty Property For Sale

      Specialty property available for purchase in Bulverde, Texas.
      31164 Clover Pass, Bulverde, TX 78163
      View Details
    • $1,150,000

      Bulverde Specialty Property for Sale

      Specialty property available for purchase in Bulverde, Texas.
      164 Grey Blf, Bulverde, TX 78163
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.86 acre lot in Bulverde Estates II neighborhood.
    Where is this residential land & home lot located?
    The property is located at 2219 -- Hiline Dr Bulverde, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Priced under tax appraisal, offering immediate value.; - 3.89 +/- acre lot in the desirable Bulverde Estates II neighborhood, within Bulverde city limits.; - **Stunning views, mature oaks and cedar trees, and rolling terrain create a picturesque setting.**
    (512) 762-2563
    Request Owner's contact information
    2219 -- Hiline Dr Bulverde, TX 78163
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2219 -- Hiline Dr
    Bulverde, TX 78163
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2219 -- Hiline Dr Bulverde, TX 78163
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sonny Allen
    Real Estate License ID: 0299393
    (512) 762-2563
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.