285 Obst Rd
Bulverde, TX, 78163 $ 4,400,000
Bedrooms3 Baths2.0 Sq 1,846 Monthly Estimate*
$ 27,782
for $4,400,000 with 3 bedrooms and 2 full baths. This 1,846 square foot property was built on a lot size of 98.29.
A rare opportunity to own 98-plus acres in the fast-growing area just north of San Antonio and Stone Oak, combining a turnkey equestrian operation, income-producing potential, extensive infrastructure, and the freedom of unrestricted land. Ideally positioned at the gateway to the Texas Hill Country, with convenient access to multiple highways, this property sits outside city limits with no HOA and an agricultural exemption. Even more compelling, at least 16 new residential communities are being developed. This brings continued growth, visibility, and an expanding customer base to the surrounding area. Currently home to a well-established boarding and training business operating since 2016, the property can accommodate approximately 40 horses with room to expand toward 60. Equestrian improvements include a 4,000 sq ft barn with tack, feed, wash, and bathroom facilities; 11 pipe-fenced horse pastures with expansion potential to 22; regulation-size grass dressage arena; barrel/pole arena; grass training areas with jumps; half-mile gallop path; round pen; riding trails; open training grounds; wash areas; hot walker; and extensive cross-fencing. This is not land waiting to become an equestrian property; it is an established operation ready to use and grow. Infrastructure is equally remarkable: five wells, five septic systems, power established at both the front and back of the property, cable, a large hay barn/workshop with three vehicle bays, carports, an RV cover with power and sewer hookups, storage buildings, and a gated entrance. Multiple structures include a two-bedroom ranch house, an inviting three-bedroom home, two cabins, an office trailer, and multiple storage buildings. An existing three-acre lease at the back of the property provides an additional immediate income stream, further demonstrating the property's potential for multiple revenue sources. The property is designed for work and enjoyment. An in-ground pool, outdoor pavilion with men's and women's restrooms, gathering spaces, approximately three-acre pond, and Cibolo Creek frontage create a distinctive Hill Country setting for entertaining, clinics, events, retreats, and recreation. Perhaps the greatest value is flexibility: continue and expand the existing equestrian business, create a private horse estate, develop a training or breeding facility, explore hospitality or retreat uses, generate multiple income streams, or create something new in the fastest-growing corridor in South Texas. Nearby destinations, including Tejas Rodeo, Specht's Store, and Downtown Bulverde, add to the property's appeal and traffic. Properties of this size this close to San Antonio are increasingly difficult to find, especially with this level of water, utilities, improvements, and infrastructure in place with development. This is more than a ranch or horse property; it is a platform for the next owner's vision.
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FeaturesGeneralLiving Area 1846
Water Wet Weather Creek
Sewer Septic
Amenities Additional Structures Barn Detached Quarters Hay Barn Holding Pen Storage Building Exterior Lighting Pool/Deck Mobile Home Fenced Irrigation System Horse Stalls House Outbuildings Other - See Remarks
Half Baths 0
Bathrooms 2
Class Farm Ranch
Type Farm/Ranch
Road Frontage County Paved Gravel
Utilities On Site Electricity
Utilities Available Electricity Water Cable TV High Speed Internet
Status Active
Area 2601
Year Built U
High School Smithson Valley
School District Comal
Proposed Terms Cash Conventional
Elementary School Rahe Bulverde Elementary
Middle School Spring Branch
Legal Description A-973 Sur-191 J M Rivas Acres 95.354 Bexar (2.53 AC)
Potential Short Sale No
Taxes 9194
Restrictions Call Broker
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InteriorTotal Bedrooms 3
Full Baths 2
Living Room Width 13
Living Room Length 19
Other No
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ExteriorTerrain Level
Pasture Acres 82
Shallow Water 2+ Wells
Mineral Rights Owns None
Lot Improvements Street Paved
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* Excluded FeaturesList ByBradley GravesListing Agent
Coldwell Banker D'ann Harper, RealtorBroker
bgraves@cbharper.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $27,782
- Monthly Property Taxes
- $766
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyFarm listings in Bulverde, TX
Average List Price $3,966,389
Percent of Sale Price 10%
About Bulverde, TX 6,055 Population
56% Since 2002
$ 99,321 Median Income
47.95 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
1895152 Elementary School
746121 Middle School
Smithson Valley High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/13/2026 | $4,400,000 | | Listed Price |