11823 Pecan DR
About This Property
Most small lots around this lake come with a list of unknowns. This one doesn't. A septic soil evaluation has been completed by an OSSF-certified designer and confirms the lot will support a septic system. The water co-op connection is at the street and electric is at the road. The City of Jonestown confirms the lot predates current zoning and is buildable. The lot is in Flood Zone AE, which is typical for parcels this close to the water. No camping, RVs as dwellings, tiny homes or short-term rentals under city zoning.
Jones Brothers Park sits minutes down the road on the same Sandy Creek Arm: 32 acres of lakeshore with three public boat ramps, a fishing pier, canoe and kayak rentals, sand volleyball, baseball, basketball, tennis, covered pavilions and BBQ grills. Jonestown residents get discounted annual boat launch passes. Sandy Creek Park, 92 acres on Lake Travis with swimming and nature trails, is about ten minutes out. The main body of Lake Travis - 65 miles of reservoir on the Colorado River - is roughly twenty.
Downtown Austin is about 42 minutes.
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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 |
|---|---|---|---|
| Sep 19, 2026 | No longer available | - | |
| No longer available | |||
| Sep 6, 2026 | Relisted | $32,000 | |
| Relisted | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$32,000
↓ $6K
(15.8%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$38,000
↓ $10K
(20.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017