28215 EQUESTRIANBoerneTX78015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Boerne at 28215 EQUESTRIAN, Boerne, TX, 78015 offers $4,112/mo rent that, after a $4,846/mo payment. Total monthly income is $4,112/mo. Return on cash invested measures 9.23% in year one, and rental yield stands at 4.98% at a $990,000 entry. Equity gained on principal adds $6,388/yr while 5% annual appreciation compounds into $273,519 by year five. Five-year ROI records 46.78% and total cumulative return in cash reaches $152,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,112/mo property income versus a $4,846/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
3.62 Acres lot
$N/A/sqft
$130 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 78015, Boerne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,411 (100%) |
| Owner Occupied HU | 7,676 (81.6%) |
| Renter Occupied HU | 1,127 (12.0%) |
| Vacant Housing Units | 608 ( 6.5%) |
| Median Home Value | $490,707 |
| Average Home Value | $543,528 |
Housing Distribution
Address Breakdown
Residential
9,005
Single Family
8,642
Multi-Family
363
Businesses
91
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Listed for sale | $990,000 |
| 2004-09-28 | Sold | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $651,311 | 10.00% |
| 2023-12-27 | $5599.44 | 3.88% | $592,101 | 10.00% |
| 2022-12-27 | $5390.25 | N/A | $538,274 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1992
- Architectural Style: Contemporary
- Building Area: 2,949
- Living Area: 2,949 sqft
- Property Condition: Pre-Owned
Features & Amenities
- Heating: Central, Electric
- Cooling: Two Central
- Flooring: Laminate
- Interior Features: One Living Area
- Exterior Features: Lighting
- Parking Features: Three Car Garage, RV/Boat Parking, Unpaved Drive, Open
Location
HOA & Fees
- HOA Fee: $130 annually
- Association Fee: $130 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: Fair Oaks, Water System
- Road Surface Type: Paved, Asphalt
School Information
- Elementary School: Fair Oaks Ranch
- Middle School: Boerne Middle S
- High School: Boerne Champion
Listed by: John Stoian • Ron Heller Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1798976
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.