124 Three Oaks LN
About This Property
The property features a WELL-MAINTAINED MANUFACTURED HOME ON A SLAB and a SECOND SLAB WITH SEPARATE UTILITIES, perfect for placing a single-wide, guest home, or income-producing unit. Surrounded by BEAUTIFUL MATURE TREES, it offers the ideal balance of shade, privacy, and open space.
NO RESTRICTIONS means you've got the freedom to create your vision-think RV PARK, HOBBY FARM, HOMESTEAD, OR INVESTMENT OPPORTUNITY. The potential is truly limitless! It's also PERFECT FOR RAISING HORSES AND LIVESTOCK, with plenty of room to roam and graze.
Opportunities like this don't come around often. Make your move on this rare Bastrop gem before it's gone!
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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 |
|---|---|---|---|
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Venture Partners R.E. | $400,000 | |
| Listed by Venture Partners R.E. | |||
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Listed Office: Venture Partners R.E. - Listing courtesy of Unlock MLS
Phone: (512) 940-3948
Last Updated: 2025-08-29 04:35:36
Data Source: Unlock MLS, MLS# ACT9839142
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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