Two-Unit
New
For Sale
$399,000
124-126 Whisper Way, Boerne, TX 78006
Multi-Family (2-8 Units), Boerne, TX
Property Size2,200 SF
Price / SF$181.36
Days on Market3
Property Features for 124-126 Whisper Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
CIBOLO CREEK
Middle school
Boerne Middle S
High school
Champion
Elementary school district
Boerne
Middle school district
Boerne
High school district
Boerne
Subdivision
2508
Standard status
Active
APN
1584700020060
Size
2,200 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
6428
Building Details
Year built
1987
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
Carla Haley
(210) 493-3030
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 25 at 6:06AM
MLS# 2025755
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.
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Investment Insights
Based on property information with market context.
This Boerne duplex contains 2,200 square feet and was built in 1987. Both residences are leased, with their lease expirations set for August 31, 2027.
The property is within walking distance of Cibolo Nature Center and the Farmers Market. New retail is planned across the street.
The property is within walking distance of Cibolo Nature Center and the Farmers Market. New retail is planned across the street.
Key Highlights
- 2,200‑square‑foot duplex in Boerne
- Built in 1987
- Both leases expire August 31, 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,578
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,560
$451.6K
Cap Rate 7%
$322,543
$322.5K
Cap Rate 9%
$250,867
$250.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$35.6K $16.20/SF
− Vacancy
−$3.4K −$1.54/SF
EGI
$32.3K $14.66/SF
− OpEx
−$9.7K −$4.40/SF
NOI
$22.6K $10.26/SF
Area
Kendall County, TX
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,560
Cap Rate 7%
$322,543
Cap Rate 9%
$250,867
Alternative Uses
Best Use
Multifamily LT 5
$322.5K
$282.2K – $376.3K
NOI $22,578 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$280.0K
$245.0K – $326.7K
NOI $19,602 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$577.0K
$504.9K – $673.2K
NOI $40,392 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, with the current lease expirations scheduled for 2027.
Where is this duplex located?
The property is located at 124-126 Whisper Way Boerne, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,200‑square‑foot duplex in Boerne; Built in 1987; Both leases expire August 31, 2027
