129 Lost Canyon CRK
About This Property
Nestled amidst rolling hills and breathtaking vistas, this property is a blank canvas awaiting your imagination. With three potential home sites already identified, you can create your dream retreat, each with its own unique view and ambiance.
Imagine waking up to the tranquil beauty of the Texas Hill Country, surrounded by mature trees and open skies. Whether you're seeking a peaceful escape from the city or a place to build your forever home, this property offers the space and flexibility to accommodate your needs.
For those with an entrepreneurial spirit, the option to subdivide the land into three separate lots presents an opportunity for investment or development. Once separated, each lot will be allowed one main house, one guest house, shop, and well house as well.
Located in the charming town of Bertram, residents enjoy a relaxed pace of life while still being within easy reach of Austin and other nearby attractions. From outdoor adventures to cultural experiences, there's something for everyone to enjoy in this vibrant community.
Don't miss your chance to own a piece of the Hill Country dream. Whether you're looking to build your own private sanctuary or unlock the potential for development, this 22.6-acre tract offers the perfect canvas for your vision. Schedule your private tour today and start imagining the possibilities.
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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 |
|---|---|---|---|
| Apr 21, 2026 | Price Decreased |
$625,000
↓ $55K
(8.1%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by Keller Williams Realty | $680,000 | |
| Listed by Keller Williams Realty | |||
| |||
|
Welcome to 129 Lost Canyon Creek—a stunning 22.6-acre agricultural-exempt property located in the prestigious Ranches at Canyon Creek subdivision in Bertram, Texas. This expansive tract boasts gently rolling terrain with mature trees and native Hill Country flora, offering breathtaking views, abundant wildlife, and exceptional privacy.
Key Features:
Size & Terrain: 22.6 acres of serene, gently sloping land, perfect for building your dream home or multiple homesites.
Utilities: Electricity is available nearby. Well and septic systems will be required; buyers should conduct their own due diligence on water availability and septic installation.
Water Features: An LCRA easement along the rear of the property provides natural creek drainage and enhances the scenic landscape.
Agricultural Exemption: The property currently holds an AG Exempt status, contingent on participation in the Wildlife Management Group. Buyers must apply independently to maintain this benefit.
Subdivision Amenities: Enjoy the peace of mind that comes with controlled access and common area maintenance within this upscale community.
Location & Accessibility:
Situated in Burnet County, this property offers the tranquility of rural Texas Hill Country while remaining conveniently accessible to Bertram and the greater Austin area. The Ranches at Canyon Creek is renowned for its upscale homesites and natural beauty, making this location highly desirable.
Investment Potential:
With the potential to subdivide into three separate lots, each allowing a main residence, guest house, shop, and well house, this parcel is perfect for creating a private family compound or a savvy investment opportunity.
Annual Taxes: Approximately $38 (2024)
HOA Fees: $330 annually
| |||
| Jul 12, 2025 | Price Decreased |
$680,000
↓ $93K
(12%) | |
| Price Decreased | |||
| Oct 22, 2024 | Listed by Keller Williams Realty | $773,000 | |
| Listed by Keller Williams Realty | |||
| |||
|
Welcome to 129 Lost Canyon Creek—a stunning 22.6-acre agricultural-exempt property located in the prestigious Ranches at Canyon Creek subdivision in Bertram, Texas. This expansive tract boasts gently rolling terrain with mature trees and native Hill Country flora, offering breathtaking views, abundant wildlife, and exceptional privacy.
Key Features:
Size & Terrain: 22.6 acres of serene, gently sloping land, perfect for building your dream home or multiple homesites.
Utilities: Electricity is available nearby. Well and septic systems will be required; buyers should conduct their own due diligence on water availability and septic installation.
Water Features: An LCRA easement along the rear of the property provides natural creek drainage and enhances the scenic landscape.
Agricultural Exemption: The property currently holds an AG Exempt status, contingent on participation in the Wildlife Management Group. Buyers must apply independently to maintain this benefit.
Subdivision Amenities: Enjoy the peace of mind that comes with controlled access and common area maintenance within this upscale community.
Location & Accessibility:
Situated in Burnet County, this property offers the tranquility of rural Texas Hill Country while remaining conveniently accessible to Bertram and the greater Austin area. The Ranches at Canyon Creek is renowned for its upscale homesites and natural beauty, making this location highly desirable.
Investment Potential:
With the potential to subdivide into three separate lots, each allowing a main residence, guest house, shop, and well house, this parcel is perfect for creating a private family compound or a savvy investment opportunity.
Annual Taxes: Approximately $38 (2024)
HOA Fees: $330 annually
| |||
| Jun 4, 2024 | Price Decreased |
$749,999
↓ $30K
(3.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017