1000 DIAMOND DR, Boerne, TX 78006
MULTI_FAMILY - Boerne, TX
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 1000 DIAMOND DR
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active Under Contract
- Size
- 4,710 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11898
Building Details
- Year built
- 2007
Listing agent Sterling Williams (214) 202-7615
Listing office Real Broker, LLC 2626 Cole Avenue, Houston, TX (855) 450-0442
Listing date Jun 15, 2026
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.
HighLights
- Located in a highly desirable Boerne market with strong rental demand and proximity to retail, dining, and commuter routes.
- New roof and fresh exterior paint (both in 2025) minimize near‑term capital expenditures.
- Three units have undergone recent full make‑readies, offering updated interiors ready for occupancy.
- Community amenities include a swimming pool, spa, clubhouse, and fitness center.
- Ideal for investors or owner‑occupants seeking income potential.
- Well‑maintained property built in 2007 reflecting pride of ownership.
Overview
Located in Boerne, TX, the property benefits from proximity to retail and dining as well as major commuter routes. Residents also have access to on-site community amenities, including a swimming pool, spa, clubhouse, and fitness center.
For investors, the layout provides four income-producing units within a consistently maintained asset. For owner-occupants, the fourplex format can support a house-hack strategy by generating additional rental income while you live on-site. With recent unit turns on three apartments plus 2025 exterior improvements, the property presents as a streamlined option for buyers looking to reduce immediate work and get operating quickly.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boerne
- County
- Kendall
- State
- Texas
- Longitude
- -98.742601
- Latitude
- 29.805668
