118 Landons WAY
About This Property
Step inside to a spacious open-concept living room and kitchen, ideal for entertaining or everyday living. The kitchen features beautiful granite countertops and flows seamlessly into the inviting living area, complete with a cozy fireplace. Large windows showcase breathtaking Hill Country views and fill the home with natural light.
Outside, the property is equally impressive. Majestic oak trees dot the landscape, creating a serene and private setting. A striking rock gated entrance with an automatic gate welcomes you home. Equestrian enthusiasts will appreciate the well-equipped barn with multiple horse stalls, a tack and feed room, and a wash rack. Additional covered horse stalls and a roping arena make this property perfectly suited for horse lovers.
Located in the desirable Landons Crossing subdivision, this property offers the tranquility of country living while remaining conveniently situated-just 1 hour to Austin and 45 minutes to San Antonio.
This is a rare opportunity to own a beautiful, fully-equipped Hill Country property with space, views, and exceptional amenities.
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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 25, 2026 | Price Decreased |
$1,235,000
↓ $15K
(1.2%) | |
| Price Decreased | |||
| Apr 7, 2026 | Listed by Topper Real Estate | $1,250,000 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017