1355 Bunker Ranch BLVD
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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 |
|---|---|---|---|
| May 15, 2025 | Listed by Keller Williams Realty | $299,999 | |
| Listed by Keller Williams Realty | |||
| Jan 11, 2025 | No longer available | - | |
| No longer available | |||
| Apr 5, 2024 | Listed by Moreland Properties | $360,000 | |
| Listed by Moreland Properties | |||
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Situated within the serene beauty of the Bunker Ranch subdivision in Dripping Springs, Texas, lies a picturesque one-acre lot awaiting your dream home. This expansive parcel of land boasts a canopy of majestic oak trees, creating an enchanting ambiance and providing natural shade and privacy.
Perfectly level, the lot offers a blank canvas for your architectural aspirations, allowing for seamless construction and landscaping possibilities. Imagine waking up to the tranquil rustle of leaves and the gentle sway of branches, as you sip your morning coffee amidst nature's embrace.
Convenience meets charm in this idyllic location, with excellent schools and convenient shopping just minutes away. Dripping Springs, often hailed as the Gateway to the Texas Hill Country, beckons with its rich history, vibrant culture, and breathtaking landscapes.
For those ready to bring their vision to life, the seller offers house plans, providing a head start on creating your perfect retreat. Whether you envision a contemporary masterpiece or a rustic sanctuary, this one-acre lot in Dripping Springs offers boundless possibilities for Hill Country living. Seize the opportunity to make your dreams a reality amidst the tranquility and beauty of this remarkable setting.
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About Hays
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017