Two homes with a combined 5 bedrooms and 4.5 bathrooms! One remarkable Hill Country estate. Set on 3.14 tree-covered acres, 85 Rio Colorado offers a rare opportunity to own two fully functioning residences on one property. With a combined 4,503 square feet, this estate is ideal for multi-generational living, long-term guests, or live/work flexibility. The 3,344-square-foot main residence features three bedrooms, two and a half baths, an open floor plan with tall ceilings and crown molding, multiple living areas, a dedicated study, and dining room. The kitchen offers oak cabinetry, Quartz countertops, a built-in oven, and a breakfast nook overlooking the peaceful backyard where native wildlife is often seen. The split-bedroom layout provides privacy, with the primary suite featuring dual vanities, a soaking tub, walk-in shower, and walk-in closet. The separate 1,159-square-foot residence is a complete second home with its own kitchen, living and dining areas, two bedrooms, and two full baths. Both homes share access to the enclosed pool. Two oversized garages accommodate up to four vehicles, and the upgraded electrical panel includes a generator transfer switch. WaterStone residents enjoy two private Guadalupe River parks with swimming, fishing, picnic areas, a pavilion, and pickleball courts. A rare opportunity to own two complete homes in the Texas Hill Country. * Please note select photographs have been virtually staged. Digital enhancements include updated wall colors, painted trim, baseboards, ceiling beams, crown molding, and select furnishings where indicated. Room dimensions, layout, and architectural features remain unchanged. Images are clearly identified, the home is currently on the market without any of these illustrated changes. *
Single-familyProperty Type
2005Year Built
3.14 acresLot Size
$351Price/Sq.Ft.
$60/moHOA Dues
4 car garageParking
Listed by Brian Stamness• Phyllis Browning Company
Waterstone, located between U.S. 281 and TX-46, is a residential and hill-country Bulverde neighborhood with limestone-accented homes and winding, oak-lined streets. The neighborhood’s character concentrates around the U.S. 281 & TX-46 junction, where local eateries, feed-and-tack shops, and small-service storefronts set a practical, outdoorsy tone. Community pillars nearby include Tejas Rodeo Company, 7 Monks Cafe, and Bulverde Community Park. Architecture leans Texas Hill Country—stone, stucco, and deep porches—set against rolling terrain. Daily rhythms track with trail time, weekend rodeo nights, and coffee stops. The landscape reads as open-sky and creek-country, with dark-night views and big-tree shade.
Two homes! Two homes with a combined 5 bedrooms and 4.5 bathrooms! One exceptional Hill Country estate. Set on 3.14 tree-covered acres in the gated community of WaterStone near Boerne, 85 Rio Colorado Drive offers a rare opportunity to own two fully functioning residences with an enclosed pool on one property. With a combined 4,503 square feet of living space, this estate provides exceptional flexibility for multi-generational living, long-term guests, live/work arrangements, or those seeking additional private living quarters.The 3,344-square-foot main residence features three bedrooms, two and a half baths, an open floor plan with tall ceilings and crown molding, formal and family living areas, a dedicated study, and a dining room designed for entertaining. The kitchen showcases timeless oak cabinetry, Quartz countertops, a built-in oven, and a breakfast nook overlooking the peaceful backyard where native wildlife is often seen. The split-bedroom design offers privacy, with the spacious primary suite featuring dual vanities, a soaking tub, walk-in shower, and generous walk-in closet. The vaulted living room is filled with natural light and overlooks the enclosed pool and patio, creating a seamless connection between indoor and outdoor living. The separate 1,159-square-foot residence is a complete second home with its own kitchen, living room, dining area, two bedrooms, and two full bathrooms, allowing occupants to enjoy independent everyday living while remaining just steps from the main residence. Both homes share convenient access to the enclosed swimming pool for year-round enjoyment. Two oversized garages provide parking for up to four vehicles along with generous storage or workshop space. An upgraded electrical panel includes a generator transfer switch for added peace of mind during power outages. WaterStone residents enjoy access to two private Guadalupe River parks featuring swimming, fishing, picnic areas, a pavilion, and pickleball courts. Conveniently located just minutes from downtown Boerne with easy access to San Antonio and the scenic drive to Fredericksburg, this unique property combines the beauty of the Texas Hill Country with the uncommon advantage of two complete homes on one remarkable estate. **Please note that select interior photographs have been virtually staged. Digital enhancements include updated wall colors, painted trim, baseboards, ceiling beams, crown molding, and select furnishings where indicated. Room dimensions, layout, and architectural features remain unchanged. These images are clearly identified, and the home is currently on the market without any of these illustrated changes.**
CHCMLS #99218
Aug 9, 2026
Contingent
—
Jun 21, 2026
Price Changed
$1,175,000
$351/sq ft
May 18, 2026
Price Changed
$1,185,000
$354/sq ft
Mar 23, 2026
Price Changed
$1,195,000
$357/sq ft
Nov 17, 2025
Listed
$1,225,000
$366/sq ft
KVMLS #120949
Aug 15, 2026
Pending
—
Jun 21, 2026
Price Changed
$1,175,000
$351/sq ft
May 18, 2026
Price Changed
$1,185,000
$354/sq ft
Mar 23, 2026
Price Changed
$1,195,000
$357/sq ft
Nov 17, 2025
Listed
$1,225,000
$366/sq ft
+45
Two homes with a combined 5 bedrooms and 4.5 bathrooms on 3.14 tree-covered acres in the gated community of WaterStone near Boerne, 85 Rio Colorado offers a rare opportunity to own two fully functioning residences and enclosed pool on one property. The main home features 3,344 square feet with three bedrooms, two and a half baths, tall ceilings, crown molding, multiple living areas, a study, dining room, and a kitchen with Quartz countertops and oak cabinetry. The separate 1,159-square-foot residence is a true second home, complete with its own kitchen, living and dining areas, two bedrooms, and two full baths—ideal for multi-generational living, extended family, guests, or a private workspace. Both homes share access to the enclosed pool. Two oversized garages accommodate up to four vehicles, and a generator transfer switch provides added peace of mind. WaterStone residents enjoy private Guadalupe River parks with swimming, fishing, pickleball, and easy access to Boerne, San Antonio, and Fredericksburg. * * Select photographs have been virtually staged to illustrate the potential appearance of updated furniture, wall and trim colors. Images are for visualization purposes only. * *
LERA #1853795
Sep 30, 2025
Listing Removed
—
Jun 16, 2025
Price Changed
$1,287,000
$385/sq ft
May 16, 2025
Price Changed
$1,337,000
$400/sq ft
Mar 28, 2025
Listed
$1,387,000
$415/sq ft
Public Records
Jul 1, 2004
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$17,299 (+7.7%)
$173,130 + $1,068,790
$1,241,920
2025
$16,069 (+11.1%)
2024
$14,458 (+9.8%)
2023
$13,166 (−3.3%)
2022
$13,619 (+6.5%)
2021
$12,783 (+6.9%)
2020
$11,960 (−1.9%)
$92,340 + $623,980
$716,320
2019
$12,190 (−4.0%)
$92,340 + $623,980
$716,320
2018
$12,691
$92,340 + $623,980
$716,320
2017
$12,691 (+4.3%)
$92,340 + $623,980
$716,320
2016
$12,173 (+2.8%)
$92,340 + $623,980
$716,320
2015
$11,836 (−0.4%)
$78,200 + $623,980
$702,180
2014
$11,887 (+0.8%)
$78,200 + $623,980
$702,180
2013
$11,793
$78,200 + $623,980
$702,180
2012
$11,800
$72,610 + $623,980
$696,590
Public record
Beds
—
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
3.14 Acres
Year renovated
—
Finished Sq. Ft.
3,163
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,163
Year built
2005
Style
Single Family Residential
County
Kendall County
APN
000000045108
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
6/10 Wind Factor
66% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Boerne, TX • 78006
Average low and high temperatures (°F)
58
37
69
45
79
54
80
61
84
64
89
72
88
72
94
72
88
67
86
61
74
53
66
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 85 Rio Colorado Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $974,900 and $1,550,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $975K to $1.6M.