159 Waldrip LN
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 |
|---|---|---|---|
| Oct 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 16, 2025 | Listed by TX Real Estate Brokers | $715,000 | |
| Listed by TX Real Estate Brokers | |||
| Jun 24, 2023 | No longer available | - | |
| No longer available | |||
| Mar 28, 2023 | Listed by TX Real Estate Brokers | $724,900 | |
| Listed by TX Real Estate Brokers | |||
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Welcome to your riverfront oasis! See 3D Virtual Tour. This stunning 3-bedroom 2-bathroom home is nestled on the picturesque San Marcos River, offering breathtaking views and endless outdoor recreation opportunities. Step inside and prepare to be impressed by the open concept living space, perfect for entertaining or simply relaxing at home. The kitchen has been tastefully updated with sleek modern finishes and top of the line appliances. Upstairs you'll find the master bedroom with its own private balcony to enjoy the cool breeze from the river on those early mornings or late nights. You'll love the privacy of having 100 feet of the San Marcos River in your backyard making it easy to launch your kayak or paddleboard at a moment's notice. Have the best of both worlds, enjoy the quiet and calm countryside neighborhood with the convenience of only being 12 miles from downtown San Marcos. Don't miss your chance to own a piece of riverfront paradise! SHORT TERM OR LONG TERM RENTALS ALLOWED.
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| Mar 13, 2023 | Listed by TX Real Estate Brokers | $735,000 | |
| Listed by TX Real Estate Brokers | |||
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Welcome to your riverfront oasis! See 3D Virtual Tour. This stunning 3-bedroom 2-bathroom home is nestled on the picturesque San Marcos River, offering breathtaking views and endless outdoor recreation opportunities. Step inside and prepare to be impressed by the open concept living space, perfect for entertaining or simply relaxing at home. The kitchen has been tastefully updated with sleek modern finishes and top of the line appliances. Upstairs you'll find the master bedroom with its own private balcony to enjoy the cool breeze from the river on those early mornings or late nights. You'll love the privacy of having 100 feet of the San Marcos River in your backyard making it easy to launch your kayak or paddleboard at a moment's notice. Have the best of both worlds, enjoy the quiet and calm countryside neighborhood with the convenience of only being 12 miles from downtown San Marcos. Don't miss your chance to own a piece of riverfront paradise! SHORT TERM & LONG-TERM RENTAL ALLOWED. The manager has listed the unit size as 1876 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017