115 Richland DR
About This Property
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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 |
|---|---|---|---|
| Feb 24, 2026 | Listed by Citywide Realty - Team Elite Group | $349,900 | |
| Listed by Citywide Realty - Team Elite Group | |||
| Dec 17, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 4, 2025 | Price Decreased |
$329,900
↓ $20K
(5.7%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$349,900
↓ $100
(0%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed by TEAM ELITE GROUP | $350,000 | |
| Listed by TEAM ELITE GROUP | |||
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Ask About Owner-Finance Options! Dueño-a-Dueño!!! HUGE Residential lot in private subdivision with lots of opportunity! Lot is .92 acre on paved road. In the heart of Lockhart and 30 mins from Austin or 5 mins from Toll-130. Close to shopping, Bluebonnet Elementary School, Lockhart Middle & High School and HWY 130. Call today!
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About Lockhart
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Listed Office: Citywide Realty - Team Elite Group - Listing courtesy of Unlock MLS
Phone: (512) 784-0048
Last Updated: 2026-08-07 04:10:34
Data Source: Unlock MLS, MLS# ACT9986895
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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Phone: 425-283-2930
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