115 Mountain View DR
About This Property
Step outside and enjoy everything this property has to offer. The fully fenced main yard plus two additional side lots provide exceptional space and flexibility. The side lots can be separated and built on, offering a rare opportunity for expansion, investment, or multi-home potential. Garden enthusiasts will appreciate the raised garden beds, fenced garden area, and flat, nutrient-rich soil-perfect for growing your own produce. A private well for exterior use helps keep landscaping efficient and cost-effective. Nature lovers will appreciate the peaceful setting, where deer, foxes, and other wildlife are frequent visitors. In the evenings, relax and take in beautiful Hill Country sunsets, all while enjoying a community!
? Key Features
• Located in BCISD schools
• Lake access + private boat ramp and park
• Walking distance to Lake LBJ
• Two additional side lots that can be separated and built on
• Roof approximately 5 years old
• Garage with power and water (ready for future conversion)
• Materials included to finish garage or sunroom
• Well water for exterior use
Conveniently located near Inks Lake State Park, Longhorn Cavern State Park, Camp Longhorn, Legends Golf Course on Lake LBJ, and Perissos Vineyards, this home offers both tranquility and easy access to some of the best recreation and attractions in the area.
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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 |
|---|---|---|---|
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Turn Key Property Group | $299,000 | |
| Listed by Turn Key Property Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017