108 Lost Canyon CRK
About This Property
The elevated homesite spans approximately 1.75 acres and captures sweeping views to the north, east, and south. A caliche road leads directly to the build site and continues down through the gently sloping acreage to the lower pasture below, making the property easily accessible. The land features beautiful Live Oaks, Red Oaks, Shin Oaks, and Persimmon trees throughout, along with a wet-weather creek bordering the northern edge of the property.
Electricity has already been installed with a 300-amp dual panel service, along with a 30-amp RV hookup for immediate use. The approximately 545-foot deep well has been drilled, sleeved, and capped, requiring only surface equipment to begin operation. Wildlife exemption is currently in place, keeping annual property taxes incredibly low at approximately $13.00 per year.
Whether you're looking to build your dream home, create a private ranch getaway, or enjoy a recreational property with room to roam, this tract offers endless possibilities. Horses, domestic livestock, and exotic animals are allowed, and both bow and rifle hunting are permitted. Enjoy the perfect balance of seclusion and convenience with easy access to Austin, the Highland Lakes, and all the fishing, boating, camping, and outdoor recreation the Texas Hill Country is known for.
Call or text listing agent or your agent for Greystone gate code.
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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 |
|---|---|---|---|
| May 28, 2026 | Listed by eXp Realty, LLC | $449,900 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017