1087 (Lot 49) Stone Ridge Mountain DR
About This Property
Enjoy the benefits of an agricultural tax exemption, ensuring remarkably low property taxes, alongside reasonable community restrictions and low POA fees that protect your investment without compromise. The property offers convenient access-just 10 minutes to both Marble Falls and Johnson City, and a quick 30-minute drive to the upscale shops and dining of Bee Cave Galleria.
This premier parcel is builder-ready with ample space for your dream home, pool, guest quarters, barn and more. Whether you envision a serene sanctuary or a statement estate, this property invites you to bring your dream home to life.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 10, 2026 | Price Decreased |
$219,000
↓ $31K
(12.4%) | |
| Price Decreased | |||
| Jul 31, 2025 | Price Decreased |
$250,000
↓ $29K
(10.4%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Compass RE Texas, LLC | $279,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017