20
Map
103 Palmie LN
About This Property
Listed By
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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 |
|---|---|---|---|
| Mar 19, 2026 | Listed by Keller Williams - Lake Travis | $1,250,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Over 10 acres at one of the higher elevations in the Marble Falls area, offering sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, and the surrounding Texas Hill Country. The true value of this property lies in the land, the elevation, and its exceptional location just minutes from Marble Falls, Horseshoe Bay Resort, and Lake LBJ. The acreage features mature oaks, native trees, and striking granite outcroppings. Portions of the property slope into a canyon, creating a natural buffer that enhances privacy and security while framing dramatic Hill Country views. A two-story 2,400 sqft home built in 2001 (3 bed / 3.5 bath) currently sits on the property and is functional as a residence, guest house, or potential rental opportunity (subject to permits). It could also provide a practical place to live while planning and building a future custom home on the property. Additional improvements include two detached carports and two large water storage tanks. New survey available. This property presents a rare opportunity for a private Hill Country estate homesite with elevated lake views so close to town. Given its size, location, and proximity to Marble Falls growth corridors, buyers may also wish to explore the potential for future rezoning or subdivision opportunities, subject to city approvals and development requirements. Conveniently located approximately 2 miles from historic Marble Falls, about 5 miles from Horseshoe Bay Resort, and within easy reach of Lake LBJ, medical facilities, and regional retail development.
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| Mar 17, 2026 | Price Decreased |
$1,250,000
↓ $100K
(7.4%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Decreased |
$1,349,995
↓ $100K
(6.9%) | |
| Price Decreased | |||
| Jul 13, 2025 | Price Decreased |
$1,449,995
↓ $50K
(3.3%) | |
| Price Decreased | |||
| Mar 29, 2025 | Listed by Keller Williams - Lake Travis | $1,499,995 | |
| Listed by Keller Williams - Lake Travis | |||
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Over 10 acres at one of the higher elevations in the Marble Falls area, offering sweeping panoramic views of Lake Marble Falls, downtown Marble Falls, & the surrounding Texas Hill Country. The true value of this property lies in the land, the elevation, & its exceptional location just minutes from Marble Falls, Horseshoe Bay Resort, & Lake LBJ. The acreage features mature oaks, native trees, & striking granite outcroppings. Portions of the property slope into a canyon, creating a natural buffer that enhances privacy & security while framing dramatic Hill Country views. A two-story 2,400 sqft home built in 2001 (3 bed-3.5 bath) currently sits on the prop & is functional as a residence, guest house, or potential rental opp (subject to permits). It could also provide a practical place to live while planning & building a future custom home on the prop. Additional improvements include two detached carports & two large water storage tanks. New survey available. This property presents a rare opp for a private Hill Country estate homesite with elevated lake views so close to town. Given its size, location, & proximity to Marble Falls growth corridors, buyers may also wish to explore the potential for future rezoning or subdivision opportunities, subject to city approvals & development requirements. Conveniently located approx 2 miles from historic Marble Falls, about 5 miles from Horseshoe Bay Resort, & within easy reach of Lake LBJ, medical facilities, & regional retail development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017