40
Map
138 Cloudwood Ranch RD
About This Property
Designed with both functionality and luxury in mind, the main home includes high ceilings, large custom PELLA windows providing abundant natural light, and stained concrete flooring throughout with tile in bathrooms only. The open concept living area is anchored by a quartz waterfall island and includes a gas fireplace, gas stove with pot filler, warming drawer, built-in microwave, wall oven, custom cabinetry, and a butler's pantry, creating a kitchen ideal for everyday living and entertaining. A dedicated office with a full bath provides flexibility for guests or remote work.
The primary suite features a large walk-in shower with dual shower heads, a soaking tub, separate quartz vanities, and walk-in closets with built-ins. All bedrooms include walk-in closets, and the spacious laundry room includes a sink and refrigerator plug-in.
The private detached casita includes a living area and kitchenette wired for an electric range (no appliances installed) with durable epoxy flake flooring, making it suitable for guests, multigenerational living, or flexible use.
Outdoor features include a covered back porch, full gutters, irrigation sleeves along the driveway and walkway, and available rendering, bid, and plans for a proposed pool. A buyer landscaping incentive package is being offered.
Conveniently located approximately 19 miles from the new Costco in Liberty Hill, this property offers modern Hill Country living within a gated community.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Price Decreased |
$949,999
↓ $1
(0%) | |
| Price Decreased | |||
| Aug 12, 2026 | Price Decreased |
$950,000
↓ $50K
(5%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$999,900
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$1,050,000
↓ $49K
(4.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017