$895,000
●
House -
Off Market
10605 Kit Carson DR
Austin, TX 78737
1 Bed
1 Bath
1,250 Ft²
$4,665
Est. Monthly
About This Property
Fantastic 12.5 acres in Hays County just minutes to Austin, HWY 290
W and Nutty Brown HEB! This unrestricted land has exceptional
opportunity for Mixed Use or Multi-Family development. Situated in
the Acclaimed Dripping Springs ISD the original cabin was built in
the late 1960's, using stone from the property. Special features
are the abundant Wildlife, Agricultural Exemption, road frontage on
2 sides (585'x932'), large trees and a wet weather creek (look for
arrowheads after a rain). Extras are a Shop with 2 Roll up doors
(one with power) and a wood burning stove, a fenced garden area
with a Greenhouse and storage shed with electricity. Come to your
Private Getaway/Ranch in the trees but just minutes to shopping!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
12.53 acres
Price per sqft
$716
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 days ago (Unlock MLS #ACT9360428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Cynthia Ann Spears | $895,000 | |
| Listed by Cynthia Ann Spears | |||
| Aug 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 6, 2026 | Listed by Cynthia Ann Spears | $895,000 | |
| Listed by Cynthia Ann Spears | |||
   | |||
|
Fantastic 12.5 acres in Hays County just minutes to Austin, HWY 290 W and Nutty Brown HEB! This unrestricted land has exceptional opportunity for Mixed Use or Multi-Family development. Situated in the Acclaimed Dripping Springs ISD the original cabin was built in the late 1960's, using stone from the property. Special features are the abundant Wildlife, Agricultural Exemption, road frontage on 2 sides (585'x932'), large trees and a wet weather creek (look for arrowheads after a rain). Extras are a Shop with 2 Roll up doors (one with power) and a wood burning stove, a fenced garden area with a Greenhouse and storage shed with electricity. Come to your Private Getaway/Ranch in the trees but just minutes to shopping!
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Hays
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Listed by: Cindy Spears
Listed Office: Cynthia Ann Spears - Listing courtesy of Unlock MLS
Phone: (512) 825-4663
Last Updated: 2026-10-20 04:08:18
Data Source: Unlock MLS, MLS# ACT9360428
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Cynthia Ann Spears - Listing courtesy of Unlock MLS
Phone: (512) 825-4663
Last Updated: 2026-10-20 04:08:18
Data Source: Unlock MLS, MLS# ACT9360428
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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