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137 Shady Oaks LOOP
About This Property
A 1950s farmhouse, moved onto the property in the 1980s, still stands as a reminder of the ranch's history. While it needs significant restoration, it provides a foundation for a unique renovation project or future homesite.
The land features a reliable, spring-fed pond that has never gone dry, adding both beauty and utility to the property. There are active oil wells on-site, all well-maintained, with the tank battery cleanly tucked away along the southwest boundary for minimal impact on the land's usability.
With a strong offer, the seller is open to conveying minerals, currently producing approximately $600 per month, offering a compelling investment upside.
Whether you're looking for a long-term hold, a future development opportunity, or a private ranch getaway, Chapman Ranch offers location, character, and potential-all in one exceptional package.
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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.
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 16, 2026 | Price Decreased |
$1,750,000
↓ $50K
(2.8%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by Keller Williams Brazos West | $1,800,000 | |
| Listed by Keller Williams Brazos West | |||
| |||
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Discover Chapman Ranch, a rare 96-acre offering positioned perfectly between Bastrop and Austin, directly in the path of explosive regional growth. This ranch remains largely untouched, showcasing mature hardwoods, native vegetation, and the privacy that comes with true, undisturbed countryside.
A 1950s farmhouse, moved onto the property in the 1980s, still stands as a reminder of the ranch’s history. While it needs significant restoration, it provides a foundation for a unique renovation project or future homesite.
The land features a reliable, spring-fed pond that has never gone dry, adding both beauty and utility to the property. There are active oil wells on-site, all well-maintained, with the tank battery cleanly tucked away along the southwest boundary for minimal impact on the land’s usability.
With a strong offer, the seller is open to conveying minerals, currently producing approximately $600 per month, offering a compelling investment upside.
Whether you’re looking for a long-term hold, a future development opportunity, or a private ranch getaway, Chapman Ranch offers location, character, and potential—all in one exceptional package.
| |||
| Nov 21, 2025 | Listed by Keller Williams Brazos West | $1,800,000 | |
| Listed by Keller Williams Brazos West | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017