121 Calleja Verde
About This Property
community of Las Lomas. This land has many mature hardwoods and native plants, plus the potential of stunning
views from a second level. Las Lomas is a fully fenced & gated subdivision that raises exotic game. Property owners
can enjoy the benefit of Wildlife Valuation! Situated in the back of the neighborhood this very quiet and peaceful
property backs to River Mountain Ranch. Residents also have access to neighborhood amenities such as pavilion with
fire pit, basketball hoop, tennis/pickle ball court. PEC power is established on the property. Well & septic will be
needed. Conveniently located just 10 minutes from Wimberley Square and 20 minutes from the I-35 corridor, Las
Lomas is the perfect blend of rural charm and urban accessibility.
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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 |
|---|---|---|---|
| Mar 4, 2026 | Listed by Hills Of Texas Sky Realty | $350,000 | |
| Listed by Hills Of Texas Sky Realty | |||
| Nov 29, 2025 | Delisted | - | |
| Delisted | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$350,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
| May 8, 2025 | Price Decreased |
$370,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017