28
Map
$140,000
●
Land -
In Contract
109 Oak Trail Drive
Georgetown, TX 78628
Studio
0 Bath
$1,050
Est. Monthly
$180
HOA / Fees
About This Property
Build your dream home on this cleared 0.2-acre lot in a desirable
Georgetown community. The property is located within an HOA that
includes building restrictions, ensuring consistent quality and
aesthetic standards throughout the neighborhood. With ample space
for a custom home, outdoor living, or landscaping, this lot offers
flexibility to design according to your vision. Easy access to
nearby roads provides straightforward commuting and connectivity
while enjoying the benefits of a well maintained subdivision.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$182
HOA Dues
$180
Year Built
-
Listed By
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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: 12 days ago (LERA #1920035)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$140,000
↓ $60K
(30%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed by Kuper Sotheby's Int'l Realty | $200,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Mar 13, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 20, 2024 | Listed by Keller Williams - Lake Travis | $279,000 | |
| Listed by Keller Williams - Lake Travis | |||
   | |||
|
Welcome to your opportunity to own the largest lot in Cimarron Hills "Villa" section! Nestled in a tranquil cul-de-sac, this expansive .2-acre parcel offers a rare chance to build your dream home in a serene and private setting. This prime lot is thoughtfully leveled and cleared, with all utilities conveniently available at the street, ensuring a seamless building process. Whether you envision a sprawling one-story residence spanning 2,700 sq ft or are inspired to create a larger home by building up, this lot accommodates your architectural dreams. Building in Cimarron Hills grants you access to an array of exceptional amenities including a renowned golf course and club, fitness center, sports courts, a refreshing pool, and more. Embrace a lifestyle of luxury and leisure, all within reach of Austin's vibrant city life. Don’t miss out on this unparalleled opportunity to craft your ideal living space in one of Cimarron Hills’ most coveted locations. Seize the chance to create your perfect sanctuary in this exclusive community.
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Property Highlights
Exterior Details
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Financial Details
Tax Annual Amount: $2,186
Location Details
HOA Fee: $180
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Cimarron Hills
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Listed by: Inaky Strick, Kuper Sotheby's Int'l Realty
Last Updated: 12 days ago
Data Source: LERA, MLS# 1920035
Last Updated: 12 days ago
Data Source: LERA, MLS# 1920035
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