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1103 Ute Road
About This Property
Inside, an inviting cozy stone fireplace, and abundant natural light-creating a seamless flow perfect for both entertaining and quiet relaxation. Both spacious bedrooms feature direct bathroom access for maximum privacy and convenience. Outside, the property backs to a lush, wooded area with mature trees, offering a private, nature-immersed sanctuary. Complete with a two-car carport and dedicated storage room, this home boasts excellent curb appeal and is located just minutes from Horseshoe Bay Resort, Marble Falls, and Lake LBJ boat ramps.
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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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by RE/MAX HORSESHOE BAY RESORT SA | $329,900 | |
| Listed by RE/MAX HORSESHOE BAY RESORT SA | |||
| Jun 16, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by StarCrest Realty, LLC | $168,740 | |
| Listed by StarCrest Realty, LLC | |||
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3 Bedrooms 2 bathrooms home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017