137 BALCONES BEND
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%.
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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Dec 30, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Relisted | $1,475,000 | |
| Relisted | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by Phyllis Browning Company | $1,475,000 | |
| Listed by Phyllis Browning Company | |||
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Experience refined Texas Hill Country living in this stunning single-story modern farmhouse perched on a picturesque acre in The Bristow of Upper Balcones. Sunlit spaces, soaring ceilings, and natural textures create a warm yet sophisticated retreat for those seeking a harmonious blend of elegance and comfort. At the heart of this welcoming residence is an open-concept living space, beautifully anchored by a striking floor-to-ceiling stone fireplace. The gourmet kitchen is a delight, showcasing an oversized quartz-topped island, top-tier Thermador and Sub-Zero appliances, and designer finishes that elevate everyday dining. Multiple dining areas provide versatility for entertaining, including a newly built, well-appointed covered outdoor kitchen and dining space that invites alfresco gatherings. Enjoy picturesque views of the sparkling pool, spa, and sprawling lawn visible from both the living room and kitchen, enhancing the seamless connection between indoor and outdoor living. The flexible layout features a private primary suite and guest quarters on one side-ideal for visitors or as a potential office space-while two additional bedrooms, a stylish den, and a cozy study occupy the opposite wing. The side-entry three-car garage offers discreet access and ample storage, adding to the home's smart design. With its remarkable curb appeal and meticulous attention to detail, this property is a true gem. Conveniently located just minutes from the I-10 corridor, you can easily access the vibrant city of San Antonio or explore the enchanting Texas Hill Country.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017