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Map
TBD Lot 1246 Hanauma DR
About This Property
Build your Hill Country retreat on this 0.265-acre lot in the beautiful community of Tahitian Village. Filled with mature trees and native vegetation, the property offers a peaceful setting with plenty of character and room to create a home that fits your vision. The neighborhood continues to see improvements, including ongoing road paving and utility development in surrounding areas. Adventure and recreation are close at hand with access to the Colorado River Refuge, known for its scenic trails, fishing spots, kayaking opportunities, and abundant wildlife. Enjoy being just minutes from the charm of downtown Bastrop, local eateries, shopping, state parks, and Lake Bastrop, while remaining within easy reach of Tesla, Circuit of the Americas, and Austin–Bergstrom International Airport.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$31,900
↓ $3K
(8.9%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Crider Realty, LLC | $35,000 | |
| Listed by Crider Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017