27
Map
1304 Roaring Fork LN
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Price Decreased |
$385,000
↓ $40K
(9.4%) | |
| Price Decreased | |||
| May 13, 2025 | Listed by Austin Summit Group | $425,000 | |
| Listed by Austin Summit Group | |||
| Oct 22, 2023 | Listed by Austin Summit Group | $375,000 | |
| Listed by Austin Summit Group | |||
| | |||
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Absolute best deal in Grand Mesa for a buildable lot w a stunning unobstructed views! This 1.8 ac gorgeous lot is on a great street w hardwood trees & panoramic hill country views for miles! This lot has some slope at the top but then plateaus down to the best view and buildable area. If you look at the house built to the right, its a good example of the driveway approach and how the house would sit. Or if you look at the lot to the left, that is representative of if you wanted to use the dirt from up top and build a larger plateau! Several choices on how to build and all have one of the absolute best views in the neighborhood! Grand Mesa is an exclusive gated golf course community with 1+ acre lots and fantastic amenities! This lot feeds into the amazing Leander ISD and is a short golf cart ride to the The Grotto, Quarry Park, 19th Hole Pavilion, tennis courts, stocked fishing ponds, soccer fields, sand volleyball, walking trails & unbelievable Golf at Crystal Falls w rolling hill country views for miles! Just minutes from the Toll roads, the Metro Train to DT Austin, Super HEB, the highly anticipated up & coming Domain style shopping at Northline Leander & Crystal Lagoon resort, 30 min to the new Apple Campus & close to Jack Allens, Chuys, Lupe Tortilla, Torchy's Tacos, Hop Doddy, Mighty Fine & tons of yummy restaurants! 4th of July fireworks show is held literally right down the street at the Golf Course and its a fantastic place to watch the show! There is also an Italian restaurant & bar located in the Golf Club for evening dinner or drinks! Seriously check the comps, this is the lowest price & best views for any lot in Grand Mesa!
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| Sep 8, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017