1701 Gipson Rd
About This Property
The gently rolling terrain offers multiple prime building sites, making it easy to design your dream home, weekend getaway, or small ranch. Wildlife is abundant, providing the perfect setting for outdoor enthusiasts who appreciate the peace and beauty of country living.
Enjoy excellent paved access from Gipson Road and the convenience of being close to Johnson City while still experiencing the privacy and tranquility of rural Texas. The property is fenced on two sides and features sensible deed restrictions that help protect your investment while allowing flexibility for your vision.
Rarely does a property combine location, usability, and natural beauty so seamlessly. Whether you're looking to build now or invest for the future, this outstanding 10-acre tract offers the best of Texas Hill Country living.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by Topper Real Estate | $329,000 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017