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101 Crestview DR
About This Property
Unlock the potential of this unique property offering a combined 1.12 acres across two adjacent lots.
Lot 1 – 101 Crestview Dr (0.61 Acres)
Includes an existing mobile home in need of significant repairs or possible replacement. Sold As Is.
Utilities are already in place, including electricity, water, and septic, providing a head start for new construction.
Excellent opportunity to build a new primary residence or investment property.
Brand new Washer/ Dryer included in purchase.
Lot 2 – 103 Crestview Dr
Adjacent lot featuring two small garages/workshop buildings.
Ideal for a guest house, rental property, additional storage, or future development.
Whether you're an investor, builder, or buyer looking for a property with redevelopment potential, this rare two-lot package offers flexibility and value. Bring your vision and take advantage of the existing utility infrastructure and spacious acreage.
Additional Opportunity – 102 Crestview Dr (Lot 28)
Also available for purchase. Available for purchase separately.
Expands your development options and overall acreage.
Bundle Pricing Available!
Purchase all three lots together for the best value. Whether you're looking to build multiple homes, create a family compound, add rental properties, or invest in future development, this package offers exceptional flexibility and potential.
Surveys available upon request. Buyer to verify all zoning, utility, and building requirements.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2026 | Listed by Waco Property Group | $325,000 | |
| Listed by Waco Property Group | |||
| Sep 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 17, 2025 | Listed by Orchard Brokerage | $285,000 | |
| Listed by Orchard Brokerage | |||
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Rare find! 300 ft of HWY 183 frontage with one hard corner and one soft corner. Enjoy the freedom of country-style living while being conveniently close to town. 4-bedroom, 2-bath manufactured home situated on just over an acre corner lot with no HOA. This home features central air, public water, and a private septic system. Workshop with overhead door and electricity. Plenty of room to spread out or start a garden. Don't miss this unique opportunity for space, comfort, and convenience all in one! Buildable 1/2 acre lot controlling the frontage and entrance of the hillcrest subdivision which is fully developed with Pedernales electric, Georgetown utility - water, and US mail/FEDEX/UPS/AMAZON/DHL etc. Septic (grandfathered in for these 1/2 acre lots- wilco only allows 1+ acre septic lots now) 300 ft of frontage on lot 1, Located 4 miles from phase 3 183N toll road extension finished march 2023 bringing traffic from Austin, Leander, and Cedar Park. Additional individual Crestview lot available as well- lot 28 - 102 Crestview(pictured in survey)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017