11351 Johnson RD
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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 |
|---|---|---|---|
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Orchard Brokerage | $315,000 | |
| Listed by Orchard Brokerage | |||
| May 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Aug 10, 2025 | Price Decreased |
$375,000
↓ $75K
(16.7%) | |
| Price Decreased | |||
| Mar 25, 2025 | Listed by eXp Realty, LLC | $450,000 | |
| Listed by eXp Realty, LLC | |||
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Discover a Hidden Gem in the Texas Hill Country! This stunning 6.8-acre parcel of untouched land offers breathtaking panoramic views, multiple potential building sites, and direct frontage on Johnson Road, with additional access via a private road from Trails End. Nestled in the Jonestown ETJ, this versatile property provides a unique opportunity—subdivide into 1-acre tracts upon annexation into Jonestown, perfect for residential or mixed-use development. Located just minutes from Cedar Park and US-183/183A, this prime location offers the best of both worlds—seclusion with easy access to city conveniences. Whether you envision a custom dream home with spectacular views, a multi-acre development, or a blend of residential and commercial ventures, this property can accommodate your vision. Horses and poultry are welcome, and commercial opportunities are permitted. Adding to its charm, a seasonal creek and waterfall enhance the natural beauty of the land. Electricity is available, while a well and septic system will be needed. Don’t miss this rare chance to turn your dreams into reality! Once sold owner will remove trailer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017