7.82 Acre Bulverde Estate | $260K Spread | Buy Under $700K on a $1M+ ARV!
Bulverde, TX 78163
180 Elm Valley Dr, Bulverde, TX 78163 Rare high-end wholesale opportunity — 4 bed / 2.5 bath, ~2,300 sq ft, sitting on 7.82 acres, built 1999. Off market, under contract. 📊 ARV: $1,000,000+ (backed by strong nearby luxury/acreage comps, including a 2,444 sq ft / 4.5 acre property that sold for $1M, ~$409/sf) 🔧 Repairs: ~$60,000 💰 Asking: $680,000 📈 Potential spread: $260,000 Comps include 31604 Rice Rd (2,444 sf / 4.5 acres, sold $1M), 34748 Ansley Ridge (3,100 sf, sold $975K), and 318 Berry Oaks Dr (3,802 sf / 1.54 acres, sold ~$1M). The subject's 7.82 acres carries significant added land value beyond a straight price-per-square-foot comparison
Beds
4
Baths
2.5
Sq Ft
2358
Type
single family residence
Parking
N/A
Built In
1999
Lot Size
340,639 sqft
Property Condition
6-Average Condition
Flood Zone
Yes
Renovation Estimate
$50,000
Monthly Tax
$571
Air Conditioning
Yes
Basement
No
Age Restricted
No
Occupancy
N/A
HOA/COA
No
Lease Amount
N/A
Lease Term
N/A
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Home Price
Down Payment (%)
Loan Amount
$680,000
Interest Rate (%)
Est. Payment
$2,480
/ month
