1708 County Road 120A
About This Property
The home features **3 spacious bedrooms, each with its own ensuite bath**, two versatile living/game rooms, and a dedicated office ideal for working from home. A detached garage provides ample storage and workspace, while the expansive acreage offers plenty of room to add a pool, guesthouse, or other improvements to create your dream retreat.
Whether you envision a modern Hill Country estate, a private getaway, or a long-term investment, this property combines location, acreage, and potential in one remarkable package-just minutes from Marble Falls and within easy reach of Austin and San Antonio.
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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 3, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by Horseshoe Bay Living 2, LLC | $975,000 | |
| Listed by Horseshoe Bay Living 2, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017