Lot 15 Samuel DR
About This Property
Per property restrictions, two homes are allowed, making this an excellent opportunity for multigenerational living or investment potential.
Enjoy breathtaking Hill Country views, just minutes from local wineries and distilleries. The lot requires a well and septic system, but an electrical pole is already in place for convenience.
Permitted dwellings include site-built homes, barndominiums, modular homes, and pre-manufactured homes. You may even qualify for zero-down payment options with a land-home package or by purchasing the land itself.
Bonus opportunity: The adjacent Lot 14 is also available for sale, offering the potential to expand your space or invest in two properties side by side.
With low taxes and a 40-minute drive to Austin, this property is perfect for those seeking space, freedom, and accessibility.
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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 |
|---|---|---|---|
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Listed by All City Real Estate Ltd. Co | $116,450 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017