Boerne Ranch post record home salesBoerne Ranch post record home saleshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=55042013-12-12T15:39:00Z2013-12-12T00:00:00Z

BOERNE - Cordillera Ranch — the Hill Country's luxury community — announced a 63 percent increase in home sales over the past 12 months and a 31 percent increase in overall home and lot sales for a total volume of $41 million.

Purchases in the past 12 months total 31 homes at an average $930,000 price point, marking a ten-year high for the property. An additional 49 homes are currently under construction — more than double the number recorded at the economic downturn's lowest point.

The development's seven clubs draw today's active families with a variety of activities ranging from golf and tennis to equestrian and fly-fishing.

Property taxes at Cordillera Ranch are among the lowest in the area, and Texas is one of only seven states with no income tax. Regionally, the San Antonio metro area cost of living stands well below the national average.

Along with the real estate gains, the Club has produced consistent net membership growth for each of the seven years it has been open, currently totaling 615 members.

Read more at WorldGolf.

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