11620 Morningsun DR
About This Property
The land features multiple building sites, allowing you to create your dream home or design a family compound that perfectly blends with the picturesque surroundings. As you explore the property, you'll discover the charm of large oak trees scattered throughout, adding a touch of elegance and providing shade during warm Texas summers.
One of the many advantages of this remarkable tract is its access to public water, ensuring convenience and ease of living. The gentle slope of the land and its regular shape offer endless possibilities for development and landscaping, allowing you to unleash your creativity and make the most of this exceptional canvas.
Whether you envision an individual estate that exudes tranquility and serenity or a family compound that brings loved ones closer together, this 17-acre tract of land in Western Travis County is the ideal setting to bring your aspirations to life. Embrace the opportunity to create a sanctuary that harmonizes with nature while enjoying the convenience of nearby amenities and the allure of Austin just moments away.
Don't miss out on this extraordinary chance to own a piece of paradise in the heart of Western Travis County. Contact us today to explore the endless possibilities that await you on this remarkable 17-acre tract of land.
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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 |
|---|---|---|---|
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Ryan Matthews | $1,750,000 | |
| Listed by Ryan Matthews | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017