23
Map
12033 Summer Meadows
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 |
|---|---|---|---|
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | Listed by South LLC | $574,900 | |
| Listed by South LLC | |||
| Apr 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 12, 2025 | Listed by South LLC | $599,900 | |
| Listed by South LLC | |||
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Come experience 9.34 stunning acres of the Texas Hill Country at the top of a hill, providing spectacular views and great privacy! When you see this incredible acreage, you will know right away that properties like this are so hard to find! Most of the 9+ acres is flat with an already cleared location for your dream home with beautiful vistas all around. This property is surrounded by live oaks, mature trees, wildlife, and a true peaceful setting. A private driveway leads you to the top of this gem that backs to a private ranch. Build your dream home with opportunities to have wrap around views with beautiful morning sunrises to evenings of breathtaking sunsets. Minutes from Hwy 46/281 to SA or NB. You have the best of both cities, great schools, shopping, dining, and also have the beauty of quiet country living. A new water well and electrical has been installed so no delays to begin building your home. Property has already been partially cleared and mostly flat land to be able to build a custom home with additional casitas, workshop or RV storage. Endless opportunities! Located in a community that allows horses and other animals. Conveniently located just two miles to Hwy 46 in Spring Branch. If you are in the market for ranch style acreage, but still want to be close to city comforts, this is your property! If you desire convenience to schools and shopping, put this one on your short list as you will immediately fall in love with the breathtaking views. Come out and see this spectacular ranch land today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017