ActiveResidential · sale

1539 WATERSTONE PKWY

Boerne, TX 78006

$3,875,000

  • 3 beds
  • 5 baths
  • 4,946 sq ft
  • 10.38 acres
  • Built 2010

Listed by Keller Williams Heritage · MLS #2000238

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PROPERTY QUESTIONS & SHOWINGS

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1539 WATERSTONE PKWY, Boerne, TX 78006 · MLS #2000238

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

A 912 sq/ft two-story guest casita includes a full kitchen, a loft-style upstairs bedroom with walk-out balcony, and a covered downstairs patio.

Living spaces

The chef's kitchen features custom cabinetry and high-end appliances and opens to the living room with a gas fireplace.

Details worth a look

The covered patio attaches to the living room with an outdoor kitchen, a "spool" (small dip pool), and an outdoor fireplace.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

The 4,482 sq/ft single-story home was built in 2010 on a slab foundation with Colorado stone exterior and a metal roof. The home includes a master suite, two additional bedrooms, four full and one half-bathrooms, and two office spaces - one with a fireplace and the other opening to a screened-in porch. Approx. 12 ceilings, travertine and engineered wood flooring, granite countertops, and stone detailing run throughout. The master suite includes a private porch and an ensuite with his-and-her closets, double vanity, makeup vanity, spa tub, and walk-in shower. The chef's kitchen features custom cabinetry and high-end appliances and opens to the living room with a gas fireplace. The covered patio attaches to the living room with an outdoor kitchen, a "spool" (small dip pool), and an outdoor fireplace. A grand entry with floor-to-ceiling windows, a covered porte-cochere, and a three-car attached garage round out the home. A 912 sq/ft two-story guest casita includes a full kitchen, a loft-style upstairs bedroom with walk-out balcony, and a covered downstairs patio. The casita is attached to a fully enclosed workshop built for outdoor equipment, woodworking, and yard equipment storage. Two bentonite-lined ponds sit on the property - one next to the riding arena and horse facilities, and a second behind the arena equipped with an aerator. The estate carries 550 feet of Guadalupe River frontage at the back of the property, with private stairs running down to the riverbank. The river runs year-round and is used for fishing, swimming, floating, and kayaking. A private well serves the entire property, supported by two 4,000 gallon above-ground storage tanks filled by the well.

THE NEIGHBORHOOD

Explore the location.

1539 WATERSTONE PKWY, Boerne, TX 78006

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2010
Full baths
4
Half baths
1
Cooling
Two Central
Heating
Central
Flooring
Wood, Stone
Exterior
Stone/Rock
Pool features
In Ground Pool
Subdivision
WATERSTONE
Parcel
1581300001130
HOA amenities
Controlled Access
Elementary school
Call District
Middle school
Call District
High school
Call District
Annual property tax
$19,375.10

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$10,069.78
Estimated monthly rent$16,145.83
Cap rate3.37%

Annual operating income: $130,524.87

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #2000238 · San Antonio Board of Realtors

Listing brokerage: Keller Williams Heritage
Listing agent: David Wilcox

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.