12
Map
1248 Springwater
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by All City San Antonio Registered Series | $39,000 | |
| Listed by All City San Antonio Registered Series | |||
| Sep 2, 2026 | No longer available | - | |
| No longer available | |||
| Jul 10, 2026 | Price Decreased |
$39,000
↓ $2K
(4.9%) | |
| Price Decreased | |||
| Nov 1, 2025 | Price Decreased |
$41,000
↓ $2K
(4.7%) | |
| Price Decreased | |||
| Sep 7, 2025 | Listed by All City San Antonio Registered Series | $43,000 | |
| Listed by All City San Antonio Registered Series | |||
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Your slice of the Hill Country is waiting. This ~6,500 sq ft homesite at 1248 Springwater sits on a quiet street shaded by mature trees, with the kind of gentle, build-ready terrain that makes architects (and budgets) happy. Whether you're dreaming up a custom home, a weekend escape, or your next smart investment, this lot gives you room to make it yours. FM 306 puts shopping, dining, and the lake life within easy reach - boat ramps and parks are just minutes away. Quiet enough to unwind, close enough to never miss a thing. Canyon Lake living starts here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017