6
Map
1600 Emerald 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 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 13, 2024 | Listed by Venture Partners R.E. | $69,900 | |
| Listed by Venture Partners R.E. | |||
| Jul 8, 2024 | No longer available | - | |
| No longer available | |||
| Apr 1, 2024 | Price Decreased |
$79,900
↓ $5K
(5.9%) | |
| Price Decreased | |||
| Jan 9, 2024 | Listed by Venture Partners R.E. | $84,900 | |
| Listed by Venture Partners R.E. | |||
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Bring your boat! Beautiful wooded corner lot just steps from Emerald Park Boat Ramp, and access to Lake Travis. Bring your builder! One of only a few level lake lots with WATER AND SEWER AT THE STREET. Not Builder Restricted. No timeline to build. Lago Vista is a great place to live, with a highly rated school system and lots of recreation choices including Arkansas Bend County Park, Balcones Canyonlands National Wildlife Refuge, City Golf Course, Pool, Airport, and Park as well as the nine LVPOA parks, Marina, Fishing Well, Fitness Centers, Pool, Meeting Rooms, Campground and more. This parcel is near all the action, but still has a quiet and open feel to it. Area is just beginning to grow. This is a great level building site with lovely trees, about as close to the water as you can live without getting wet. The lowest elevation point for this lot is around 715.5', therefore it is in the 100 year floodplain although the highest flood level Lake Travis reached was 710.44', so safe to say flood water has never reached this location. No time requirements for building and not Builder restricted. Contact the City of Lago Vista for building restrictions. Seller is transparent, what you see is what you get with no hidden surprises. Listing information assumed accurate however Buyer and Buyer's Agent are responsible to perform due diligence and verify information. Seller has City of Lago Vista Utility Estimate and survey. Join the Lake Life Community and Live Everyday as if You're On Vacation!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017