14440 Nutty Brown RD
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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by Keller Williams Realty | $4,995,000 | |
| Listed by Keller Williams Realty | |||
| Sep 15, 2026 | Listed by Keller Williams Realty | $1,995,000 | |
| Listed by Keller Williams Realty | |||
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Multiple acreage options available. This incredible 10 plus or minus acre property in Hays County offers a rare combination of natural beauty, development potential, and close proximity to Downtown Austin (20 minutes). Located just one minute off FM 1826 and five minutes from the new H-E-B and Highway 290, the land provides both convenience and privacy. With Nutty Brown road frontage and access to both sides of year-round Bear Creek, the setting is scenic and serene. An 8-inch waterline is located nearby, adding a valuable infrastructure advantage for future development. Ag-exemption in place for low taxes. Acreage Options Available: 10 Acres with Home and Creek Frontage; 33 Acres with Home and Creek Frontage; 45 Acres Land Only with Creek Frontage; Full 88 Acres with 2 existing homes. The land is unrestricted, making it a true blank canvas ready for a wide range of possibilities. Whether envisioned as a personal ranch, family compound, or a thoughtful development, this acreage offers flexibility that is increasingly rare this close to Austin. The property is currently located within the Dripping Springs ETJ, but can be removed, which opens the door for additional development opportunities. The existing home offers immediate use or future improvement opportunities. Home measures 888 sq ft with 2 bedrooms and 2 bathrooms. With year-round water, unrestricted land, and excellent access, this property represents an exceptional opportunity to create something truly special. Its location just 20 mins from Downtown Austin makes it one of the few remaining large tracts of this size within such close reach of the city, blending the feel of a private retreat with unbeatable convenience. Property is 1,800ft from existing 8-inch WL. Extension requires commercial app and plans for a min 8-inch line within 15ft easement, subject to Hays County approval. Once complete, line conveyed to PUA as public WL. Apx 6 neighboring tracts may benefit, potential to coordinate and share cost.
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| Aug 18, 2026 | Relisted | $8,950,000 | |
| Relisted | |||
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by Keller Williams Realty | $8,950,000 | |
| Listed by Keller Williams Realty | |||
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This 88 plus or minus acre property in Hays County offers a combination of natural beauty, development potential, and close proximity to Downtown Austin (20 mins). Located just one min off FM 1826 and five mins from the new H-E-B and Highway 290, the land provides convenience and privacy. With 1,700 ft of road frontage and 3,500 ft of access to both sides of year-round Bear Creek, the setting is scenic and serene. 33.5 plus or minus acres lie within the floodplain, creating a lush landscape along the creekl. An 8-inch waterline is located nearby, adding a valuable infrastructure advantage for future development. Ag-exemption in place for low taxes. The land is unrestricted. Whether envisioned as a personal ranch, family compound, or a thoughtful development, this acreage offers flexibility that is increasingly rare this close to Austin. The property is currently located within the Dripping Springs ETJ, but can be removed, which opens the door for additional development opportunities. Two existing homes sit on the property, offering immediate use or future improvement opportunities. The main house features approximately 3,645 sf, 3 beds, 2.5 baths and a bonus room, while the cabin measures 888 sf with 2 beds and 2 baths. With year-round water, unrestricted land, and excellent access, this property represents an exceptional opportunity to create something truly special. Its location just 20 mins from Downtown Austin makes it one of the few remaining large tracts of this size within such close reach of the city, blending the feel of a private retreat with unbeatable convenience. Water Line Extension: Property is apx 1,800 ft from an existing 8-inch water line. Extension requires a commercial application and plans for a min 8-inch line within a 15-ft easement, subject to Hays County approval. Once complete, the line would be conveyed to the PUA as a public water line. Apx six neighboring tracts may benefit, creating potential to coordinate and share costs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017