Terraces at Cibolo, an income-restricted senior apartment community near downtown Boerne, is set for a $6.9 million top-to-bottom renovation that will touch nearly every building on the property. Construction is scheduled to run from November 13, 2026, through November 13, 2027, covering the complex's residential buildings, leasing office, and maintenance building.
The project is outlined in a filing with the Texas Department of Licensing and Regulation, registered earlier this week, as first reported by MySA. That TDLR filing puts the estimated cost at $6,971,107 across 177,710 square feet of buildings, though such state filings are subject to change without notice.
Renovation Scope and the Team Behind It
An employee at the property told MySA that Terraces at Cibolo did not experience extensive flood damage, addressing a detail raised in the outlet's report on the upcoming work. The complex was built in 2008, according to Homes.com property records — nearly two decades ago, a point in a property's life span when multifamily communities typically require comprehensive renovations, per the same listing.
Terraces at Cibolo is owned by Boerne Terraces at Cibolo Apartments LP, an entity affiliated with the Kerrville-based MacDonald Companies, a developer that builds and manages Low-Income Housing Tax Credit communities across rural and small-metro Texas. Dallas-based DNA Workshop is listed as the architectural firm of record for the renovation.
Rents Stay Low as Boerne's Market Soars
The community offers 1- and 2-bedroom units to income-qualified seniors starting around $910 a month, according to Trulia listings. That's a fraction of Boerne's overall average rent of $2,149 a month as of July 2026 — 11% above the national median — per Zumper.
Homeownership offers little relief for fixed-income seniors, either. Median single-family home sale prices in Boerne ranged between $450,000 and $594,000 as of May 2026, according to Redfin.
A Growing Senior Population Fuels the Need
The stakes extend well beyond one complex. About 21.1% of Kendall County's population, or roughly 10,900 residents, was 65 or older as of 2024, per USAFacts. The county's population had grown to 53,289 by 2025, while Boerne's median individual income stood at $44,300 in 2024, according to Data Commons.
Those figures echo a wider pattern flagged by state officials. A subcommittee report from the Texas Department of Health and Human Services found that 40% of older adults in rural and smaller Texas metro areas live on household incomes under $30,000 a year.
Boerne's National Spotlight on Affordability
Boerne was named one of six U.S. "picturesque suburbs" expected to become increasingly unaffordable in a 2025 ranking from GoBankingRates, the only Texas town to make the list. The same outlet also included Boerne among some of Texas' worst towns for retirees, citing similar affordability pressures.
The complex's own website describes Terraces at Cibolo as offering "a welcoming atmosphere" that "combines comfort and convenience at a fantastic value." The property is designed to make housing more accessible for active senior residents who meet certain income limits, sitting just blocks from Boerne's historic downtown as the year-long renovation gets underway.
