1207 Flag ST
About This Property
Perfectly situated within walking distance to Llano Main Street, you'll enjoy easy access to restaurants, shopping, local events, and the charming small-town atmosphere. The Llano River is just half a mile away, offering tubing, fishing, and outdoor relaxation. All three local schools are about 5 minutes away, and the hospital is conveniently close as well.
Outdoor enthusiasts will love being in the Deer Hunting Capital of Texas, with a local airport for small planes nearby and major Hill Country favorites like Enchanted Rock, Fredericksburg, and Marble Falls just 30 minutes away-making it an ideal commuter spot or weekend getaway hub.
Step outside to your covered porch, where you can unwind and enjoy the serene backdrop of your peaceful backyard-perfect for morning coffee, evening sunsets, or quiet gatherings.
This home blends charm, convenience, and the best of Hill Country living. Welcome home
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 30, 2026 | Price Decreased |
$299,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Oct 28, 2025 | Listed by Watters International Realty | $310,000 | |
| Listed by Watters International Realty | |||
| Oct 20, 2025 | No longer available | - | |
| No longer available | |||
| Sep 13, 2025 | Price Decreased |
$310,000
↓ $40K
(11.4%) | |
| Price Decreased | |||
| Jul 1, 2025 | Price Decreased |
$350,000
↓ $45K
(11.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017