000 Old Fredericksburg Rd Fair Oaks Ranch, TX 78015
This exceptional 19.2-acre tract in the rapidly expanding South Boerne area presents a remarkable investment opportunity. Located at the hard corner of Old Fredericksburg Road and Cascade Caverns Road, this property boasts approximately 1566 feet of total road frontage. Its strategic location offers easy access to IH-10 and is less than a mile from the new Lemon Creek development and the Geneva School of Boerne. The property is situated within Kendall County's extraterritorial jurisdiction (ETJ) with no restrictions, offering flexibility for various development plans. Existing improvements include a meticulously cleared 3,000 square-foot hill country stone house, ready for renovation into unique office space, and a second 800 square-foot office building complete with a full kitchen, bath, and ample storage. City utilities are conveniently located approximately 50 feet away, serving the adjacent Southglen housing development. A well, septic system, and propane are already in place. The property is approximately 12 miles from the 1604/IH-10 intersection and 25 miles from downtown San Antonio. This level land presents an unparalleled chance to capitalize on the burgeoning commercial landscape of South Boerne, whether your vision includes retail, residential, or mixed-use development. The property's proximity to major roadways and established amenities makes it an attractive location for a wide range of projects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.