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$1,175,000

368D Fm 1376, Boerne, TX, 78006

Under ContractInfo
Beds5 Beds
Baths5 Bath
Baths3,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.81 / sqft
Year BuiltBuilt in 2020

About this property

Currently AG Exempt, but some of the owner's land was recently sold off, however a new owner should be able to convert the remaining 5.4 acres to a wildlife exemption fairly easily with the county to keep property taxes low! Hard to find, close-in 5.4 fenced acres, 6 minutes to Boerne's Main Street, featuring a modern Texas Farmhouse with 5 bedrooms (two main floor primary suites), 4.5 bathrooms, 3,520 SF, large shop with spray foam insulation and separate (partially finished) apartment, a gorgeous clear water pond large enough to stock, privacy, multiple hardwood trees throughout, private water well, aerobic septic system and so much more! The home was custom designed and constructed in 2020 and offers a sleek, clean modern interior with polished concrete floors, modern features and decor throughout. On one wing of the main floor, you will be pleased to find a private in-law suite equipped with a living room, kitchenette, spacious bedroom, a gorgeous bathroom with a double vanity and walk-in glass shower, along with a walk-in closet-ideal for in-laws, a college student or perhaps some extra income as a long or short term rental. This suite can be accessed completely separately or through the main house. On the opposite side of this amazing space is the main floor primary suite that offer fantastic views of the property and wildlife, along with a beautiful bathroom with separate vanities and a walk-in shower. Easily access an additional flex room (office, small media room) through the primary bedroom or separately from the main family room. Vaulted ceilings and a wood burning fireplace greet you upon entering the home along with lots of natural light. The kitchen offers a large quartz counter, gas cooking, stainless appliances and opens perfectly to the nearby dining/breakfast room. Upstairs you are spoiled with three more bedrooms, one of which has its own en-suite bathroom and private access to an exterior sitting/viewing space! The other two bedrooms share a nice bathroom with a tile shower. There is a also a built-in desk upstairs in a common area, ideal for studying or as a work station. The shop is massive and can house all of your toys or equipment and offers a small apartment that is 75% finished that could be ideal for a college student or ranch hand. With 400 Amp electrical service, power is not an issue. The owners thought just about everything when designing this home, such as the under ground pipe from the well to the pond in the event the pond ever runs low. Additional features include but are not limited to: two tankless propane water heaters, a private outdoor shower, a large chicken coop will also convey that can house upwards of 30 plus chickens, a spacious laundry room with utility sink, cabinets and a drop zone, hand troweled walls and more! Buy this one or consider buying it along with the 4.6 separate lot that you can build on or sell one day. Light restrictions in place. Close-in acreage like this is so hard to find! Boerne ISD schools, no city taxes, no HOA. As always, buyers to verify restrictions. Schedule your tour today!

Investor Tools

$0Estimated Mortgage Balance
$1,175,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,050 /month
Positive
Cash Flow Estimate:
$2,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Boerne