162 Winning Colors
About This Property
Nestled within the gates of Key Ranch, this 3.67-acre homesite offers a rare chance to design and build in a peaceful, upscale Hill Country community. The lot is surrounded by mature trees and gently rolling landscape, creating a tranquil, private backdrop for your future home.
Site improvements are already in place, including a private well and full perimeter pipe fencing, offering both convenience and value for the next owner. With its wide frontage and level topography, the property accommodates a variety of custom home designs-whether your plans include a main residence, guest quarters, workshop, or expansive outdoor living spaces.
Enjoy the quiet of country living while staying close to local amenities. The location provides easy access to shopping, dining, and major roadways, making it ideal for a full-time residence or a weekend retreat.
This build-ready lot combines flexibility, privacy, and premium community living-ready for your vision to take shape.
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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 |
|---|---|---|---|
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed by KW-Austin Portfolio Real Estate | $625,000 | |
| Listed by KW-Austin Portfolio Real Estate | |||
| Apr 28, 2022 | No longer available | - | |
| No longer available | |||
| Apr 21, 2022 | Relisted | $395,000 | |
| Relisted | |||
| Oct 6, 2020 | No longer available | - | |
| No longer available | |||
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Listed Office: KW-Austin Portfolio Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 901-9600
Last Updated: 2026-05-31 12:10:34
Data Source: Unlock MLS, MLS# ACT9933392
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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