Add Listing
    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

    Rio Cordillera, Unit 28 Boerne, TX 78006

    View on Map
    Sponsored
    For Sale
    $349,000

    LAND - Boerne, TX

    Lot size:
    3.95 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 10 at 10:06 pm

    Property Features for Rio Cordillera

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RESIDENTIAL
    Lot size
    3.95 Acres

    We can help!

    Listing Contact
    Shane Neal

    EXP Realty, LLC (888) 519-7431

    Listing agent Shane Neal (888) 519-7431

    Listing date Mar 6, 2026

    MLS# 1946986 Listing URL

    Copyright © 2026 LERA MLS. 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

    Cordillera Ranch Homesite Opportunity

    This nearly 4-acre level homesite presents an exceptional opportunity to create a dream estate in Cordillera Ranch, a sought-after luxury community in Boerne, Texas, located minutes from San Antonio. The property features a blend of privacy and natural Hill Country scenery, with a partial clearing and mature trees providing shade and a peaceful setting. Multiple potential build sites are available. Central water and sewer are already available, offering flexibility to design and build at your own pace with no required building timeline. Situated within the 8,700-acre Cordillera Ranch community, residents have access to landscapes and a Jack Nicklaus-designed golf course. The property benefits from low tax rates, making it an attractive long-term investment. Cordillera Ranch residents may have the opportunity to enjoy an elevated Hill Country lifestyle through membership availability for the Golf Club, Social Club, Gun Club, Equestrian Club, Tennis & Swim Club, Rod & Gun Club, and River Club. Buyers are encouraged to confirm membership details with the POA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Boerne
    County
    Kendall
    State
    Texas
    Longitude
    -98.598998
    Latitude
    29.857314

    Nearby Similar for Sale

    • New
      $795,000
      4,710 SF

      Boerne Multifamily Investment Opportunity

      Four-unit property in Boerne, TX, near I-10.
      1000 Diamond Dr, Boerne, TX 78006
      View Details
    • $415,000
      2,114 SF

      Updated Duplex in Boerne, TX

      Updated duplex in Boerne, great for rental income or owner-occupancy.
      108-110 Whisper Way, Boerne, TX 78006
      View Details
    • $5,400,000
      2,261 SF

      Texas Hill Country Ranch with Creek

      Historic ranch featuring live water, abundant wildlife, and refined living.
      149 Bloodhound Trl, Boerne, TX 78006
      View Details
    • $13,300,000
      396.00 Acres

      Boerne Ranch with Creek Frontage

      Stunning ranch near Boerne with creek, homes, and barns.
      190 -- Other, Boerne, TX 78006
      View Details
    • $8,750,000
      309.85 Acres

      Boerne Ranch with Hilltop Residence

      309-acre ranch featuring a five-bedroom home with impressive views.
      38 -- Seewald Rd, Boerne, TX 78006
      View Details
    • $3,731,000
      12,321 SF

      Boerne Retail Condominiums For Sale

      Two garden buildings totaling 12,321 SF in Boerne, TX.
      101 Wood Of Boerne Blvd, Boerne, TX
      View Details
    • Contact for pricing

      Second Generation QSR Opportunity

      Second generation QSR available for sale.
      1550 River Rd, Boerne, TX 78006
      View Details
    • $437,500

      Unrestricted Land with Hill Country Views

      13.98 acres of unrestricted land near Boerne, Texas.
      105 Lost Valley Rd, Boerne, TX 78006
      View Details
    • $649,900

      15-Acre Hill Country Retreat

      15 acres near Fredericksburg, Luckenbach, and Boerne.
      1719 Sisterdale Rd, Boerne, TX 78006
      View Details
    • Contact for pricing
      1,440 SF

      Retail Space Near Downtown Boerne

      Retail property with easy access to amenities and major routes.
      118 Old San Antonio Rd, Boerne, TX 78006
      View Details
    • Contact for pricing

      Automotive Facility on IH10 Corner

      High-visibility automotive facility with expansion potential on 4.6 acres.
      25600 Interstate 10 W, Boerne, TX 78006
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nearly 4-acre homesite in luxury Cordillera Ranch community.
    Where is this residential land & home lot located?
    The property is located at Rio Cordillera, Unit 28 Boerne, TX.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Nearly 4-acre level homesite in Cordillera Ranch; - Central water and sewer available for immediate building readiness; - No required building timeline, allowing flexible design
    (726) 245-8941
    Request Owner's contact information
    Rio Cordillera, Unit 28 Boerne, TX 78006
    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.
    Rio Cordillera, Unit 28
    Boerne, TX 78006
    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
    Rio Cordillera, Unit 28 Boerne, TX 78006
    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
    Shane Neal
    (726) 245-8941 (888) 519-7431 (210) 413-9301
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!