1822 Shepherds Ranch
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Nov 23, 2025 | Listed by Magnolia Realty | $249,900 | |
| Listed by Magnolia Realty | |||
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Tucked at the end of a quiet cul-de-sac behind a secure gated entrance, this breathtaking 6.41-acre property offers the perfect canvas to build your Hill Country homestead. With beautiful mature oaks, gentle topography, and multiple prime build sites, the land provides endless opportunities to create the lifestyle you've been dreaming of-whether that's a custom home, a family retreat, or a tranquil getaway surrounded by nature. Partially cleared and thoughtfully prepared, the property showcases its natural beauty while giving you a head start on planning and design. Peaceful views, the sound of rustling trees, and the scenic surroundings set the tone for true Hill Country living, all while keeping convenience close at hand. Located just over 5 miles from H-E-B and the heart of Bulverde, you'll enjoy quick access to everyday essentials, top-rated schools, dining, and San Antonio amenities-without sacrificing the charm and natural beauty of the area.
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| Nov 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 5, 2025 | Relisted | $249,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017