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11115 Zimmerman LN
About This Property
Escape to your own private sanctuary without leaving the city. Situated at the end of a quiet, private drive, 11115 Zimmerman Lane offers 2.547 pristine acres of lush Texas Hill Country. This expansive flag lot provides unparalleled privacy and the perfect canvas for solitude.
Having an environmental easement there is not development potential. The property is best for a buyer that doesn't need impervious coverage rights. Best uses are likely garden, parking, storage, camping or private park usage. Any use buyer should review approval with necessary governing authority and third party consultants.
Highlights:
Prime Location: Minutes from the intersection of RM 620 and FM 2222, providing easy access to Lake Travis, Lake Austin, and major employers.
Lifestyle: Enjoy the "Lake Life" with nearby boat ramps, hiking trails, and the shopping/dining convenience of Four Points Centre.
Contact for details, scheduling a tour and OWNER FINANCIAL AVAILABLE.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$199,999
↓ $50K
(20%) | |
| Price Decreased | |||
| Apr 5, 2026 | Price Decreased |
$250,000
↓ $50K
(16.7%) | |
| Price Decreased | |||
| Feb 24, 2026 | Price Decreased |
$299,999
↓ $50K
(14.3%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Keller Williams Realty | $349,999 | |
| Listed by Keller Williams Realty | |||
| Jan 11, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017