Fully Leased Townhome
New
For Sale
$700,000
1000 Diamond - Units 1301-1304, Boerne, TX 78006
MULTI_FAMILY - Boerne, TX
Property Size4,710 SF
Lot Size0.15 Acres
Price / SF$148.62
Days on Market4
Property Features for 1000 Diamond - Units 1301-1304
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Fabra
Middle school
Boerne Middle N
High school
Boerne
Elementary school district
Boerne
Middle school district
Boerne
High school district
Boerne
Subdivision
2508
Standard status
Active
Size
4,710 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
11373
HOA Fee
$770 Monthly
Amenities
pool/spa
green space
BBQ areas
clubhouse
fitness center/gym
Building Details
Year built
2007
Listing Agency:
BK Properties, LLC
(210) 490-0483
Listed By:
Alice Bruni · License #441329
(210) 490-0483
Added: Jul 27
Changed: Jul 29
Last Checked: Jul 30 at 1:06PM
MLS# 2003551
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.
Investment Insights
Based on property information with market context.
This fully leased 4-plex townhome-style property offers a mix of two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. Each unit includes a refrigerator and stack washer/dryers. Updates include one 2/2 unit that has been completely updated and another 2/2 unit that has been mostly updated. Exterior improvements reported include a newer roof installed in 2021, new exterior paint in 2025, and newer HVAC in two of the units.
The property is located within Stone Creek Village, a gated community featuring a pool/spa, green space with BBQ areas, a clubhouse, and a fitness center/gym. Public remarks also note on-site management that handles tenant relations and maintenance.
For convenience, the community provides easy access to IH-10, with shopping nearby at The Rim and La Cantera.
The property is located within Stone Creek Village, a gated community featuring a pool/spa, green space with BBQ areas, a clubhouse, and a fitness center/gym. Public remarks also note on-site management that handles tenant relations and maintenance.
For convenience, the community provides easy access to IH-10, with shopping nearby at The Rim and La Cantera.
Key Highlights
- Fully leased 4‑plex townhome‑style property in Stone Creek Village, Boerne, TX (on‑site management handles tenant relations and maintenance).
- Year built 2007.
- Unit mix: two 3‑bedroom/2‑bath units and two 2‑bedroom/2‑bath units; all units include refrigerators and stack washer/dryers.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.3k | $16.20 |
| − Vacancy | −$7.2k | −$1.54 |
| EGI | $69.1k | $14.66 |
| − OpEx | −$20.7k | −$4.40 |
| NOI | $48.3k | $10.26 |
4,710 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$690.5K
$604.2K – $805.6K
NOI $48,337 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$599.5K
$524.6K – $699.4K
NOI $41,966 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,476 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 78006, TX
40,979
Population
16,643
Households
2.5
Avg Household Size
44
Median Age
51%
College-Educated
94%
High-School Grad
345.9 sq mi
ZIP Area
118
Density / Sq Mi
$110,955
Median Household Income
$51,943
Median Earnings
$1,612
Median Rent
$502,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - A fully leased 4-plex townhome community with pool/spa, fitness amenities, and in-unit refrigerators and stack washer/dryers.
Where is this quadplex located?
The property is located at 1000 Diamond - Units 1301-1304 Boerne, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully leased 4‑plex townhome‑style property in Stone Creek Village, Boerne, TX (on‑site management handles tenant relations and maintenance).; Year built 2007.; Unit mix: two 3‑bedroom/2‑bath units and two 2‑bedroom/2‑bath units; all units include refrigerators and stack washer/dryers.
