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

    18720 Bandera Rd Helotes, TX 78023

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Undeveloped land suitable for estate or neighborhood development.

    Type:Land
    Added:
    Feb 4, 2026
    Days on Market:
    74
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 18720 Bandera Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Matthew Driffill
    Matthew Driffill

    Listing agent Matthew Driffill License #787578

    Listing office Coldwell Banker Commercial - Alamo City

    Listing date Feb 4, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial - Alamo City

    Overview

    Undeveloped Land in Helotes, TX

    This undeveloped land is located in Helotes, Texas. It is suitable for a large, secluded estate or future development into a neighborhood. The property features over 300 feet of frontage, providing entrance to hills with views of downtown and the hill country.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Hair Salon Hotel & Motel Food Market HVAC Service Electrical Service Electronics & Wireless Store Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Helotes
    County
    Bexar
    State
    Texas
    Longitude
    -98.751184
    Latitude
    29.617742

    Nearby Similar for Sale

    • $599,999
      561,183 SF

      Helotes Land with Scenic Views

      12.883 acres in Helotes, build your dream project!
      N State Highway 16, Helotes, TX 78023
      View Details
    • $789,999
      1,122 SF

      Helotes Land on Bandera Road

      15.2 acre lot in the heart of Helotes!
      19031 Bandera Rd, Helotes, TX 78023
      View Details
    • $350,000

      Helotes Homesite with Hill Country Views

      Ready-to-build lot in gated community with utilities in place.
      16335 Revello, Helotes, TX 78023
      View Details
    • $220,000
      104,848 SF

      Helotes Land with Highway Frontage

      2.4-acre property in Helotes, TX, with commercial/residential zoning.
      15352 HWY 16, Helotes, TX 78023
      View Details
    • $675,000

      Helotes Acreage with Development Potential

      5.6 acres in Helotes, TX, perfect for building.
      9852 Marnoch Rd, Helotes, TX 78023
      View Details
    • $65,000
      11,200 SF

      Helotes Land with Panoramic Views

      0.2571-acre homesite in San Antonio Ranch community with utilities.
      11266 Condor Pass, Helotes, TX 78023
      View Details
    • $65,000
      12,000 SF

      Helotes Land with Panoramic Views

      0.2755-acre homesite with utilities and optional HOA amenities.
      11304 Condor Pass, Helotes, TX 78023
      View Details
    • $739,900

      Helotes Land Opportunity

      21.08 acres in Helotes, Texas, with development potential.
      2235 Park Road 37, Helotes, TX 78023
      View Details
    • $340,000

      Helotes Homesite in Canyon Creek

      5.449-acre homesite in a gated community with Hill Country views.
      Clear Water Cyn lot: 54, Helotes, TX 78023
      View Details
    • $175,000

      Helotes Creek Ranch Land

      5.796 acres with hill country views near San Antonio.
      9846 Cash Mountain Rd Lot 29, Helotes, TX 78023-3800
      View Details
    • $240,000

      Helotes Land with Hill Country Views

      4+ acre homesite in gated community with panoramic views.
      66 Winton Ridge, Helotes, TX 78023
      View Details
    • $255,000

      Helotes Land in Canyon Creek

      3.11 acre homesite in gated Canyon Creek Preserve.
      Clear Water Cyn lot: 52, Helotes, TX 78023
      View Details

    FAQs

    What type of property is this?
    Land - Undeveloped land suitable for estate or neighborhood development.
    Where is this land located?
    The property is located at 18720 Bandera Rd Helotes, TX.
    What are key features of this property?
    This property features: Undeveloped land suitable for a large, secluded estate.; Potential for future development into a neighborhood.; Over 300 feet of frontage for an impressive entrance.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matthew Driffill
    Matthew Driffill
    Real Estate License ID: 787578
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!