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.
RanchProperty Type
$2,384Price/Sq.Ft.
Listed by Bradley Graves• Coldwell Banker D'Ann Harper, REALTOR
GORGEOUS 98+ ACRES LOCATED IN THE POPULAR BULVERDE AREA, MATURE TREES, FLAT TO ROLLING TERRAIN, 24 STALL HORSE BARN, CONCRETE ARENA, WORKERS CABIN/HOUSE W/POOL, 3 ACRE TANK STOCKED WITH FISH, DOCK (THATS PERFECT FOR ENTERTAINING), 3 WELLS, SEPTIC, FENCED AND SO MUCH MORE!
LERA #946942
Oct 20, 2012
Listing Removed
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May 19, 2012
Listed
$980,250
$531/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,565 (+0.3%)
$100,580
2025
$1,561 (+10.9%)
$100,580
2024
$1,407 (+9.2%)
2023
$1,288 (−13.1%)
$84,100
2022
$1,483 (−7.7%)
$86,050
2021
$1,607 (+8.1%)
$88,010
2020
$1,486 (−4.8%)
$81,790
2019
$1,561
Public record
Beds
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
1,792
Unfinished Sq. Ft.
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Total Sq. Ft.
1,792
Year built
2017
Style
Mobile/Manufactured Home
County
Comal County
APN
000000410759
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Aug 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
8/10 Heat Factor
8 days above 106° expected this year, 25 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Bulverde, TX • 78163
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 285 Obst Rd
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