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14311 Geronimo
About This Property
Outside, mature oaks shade a sweeping lawn that runs from the covered patio straight down to the shoreline, where the covered boat dock sits ready for boating, fishing, or a sunset paddle across open water toward the protected preserve on the far shore. A recently installed well is already in place, and a run of stone outbuildings connected by a covered walkway adds workshop, storage, or hobby space that few lots this size ever include.
Buyers searching for a build-your-own-home lot near the lake, or a weekend cabin with room to expand, will find both here. The address is zoned to Grandview Hills Elementary, Four Points Middle School, and Vandegrift High School, and stays close to RR 620 and 2222 for an easy run into Austin or the shops and restaurants along the lake. Hill views across the water, mature trees, and a quiet shoreline deliver the privacy this market prizes, while the size of the lot leaves room for a pool, a guest house, or a full rebuild. Whether the plan is to renovate the cottage or design something new, the land and the lake do the selling.
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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.
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 25, 2026 | Listed by Keller Williams - Lake Travis | $1,500,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017