144 El Capitan LOOP
About This Property
This immaculately maintained 3-bed, 2-bath home offers everything new construction promises - and everything it can't deliver. A fully built-out backyard with covered patio, custom paver walkway, hot tub (conveys), and privacy trees already growing in. Solar panels that start saving you money on day one. All of it move-in ready at $389,000 - while brand new builds nearby are selling for more with none of the extras.
Inside, 1,507 sq ft of smart single-story living with a stone exterior and attached garage. No wasted space. No builder upgrades to negotiate.
And the location? Steps from the community pool and zoned to the brand new Wildwood Springs Elementary school in highly rated Dripping Springs ISD - one of the most sought-after school districts in Central Texas.
Big Sky Ranch is still growing - but the best deal in the neighborhood won't wait.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Price Decreased |
$379,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$389,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Jun 6, 2026 | Listed by Phyllis Browning Company | $400,000 | |
| Listed by Phyllis Browning Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017