185 Ware DR
About This Property
The chef's kitchen is a showstopper with granite counters, gas cooktop, stainless steel appliances, pot filler, center island, breakfast bar, and walk-in pantry. The primary suite is a serene retreat with spa-style bath, walk-in closet, and patio access.
Step outside to an entertainer's paradise-covered patio, lush landscaping, sprinkler system, and fully fenced yard with plenty of space for a custom pool, workshop, RV storage, or dream garden.
Recent updates: new roof (2022), tankless water heater, new AC unit, fresh paint (2025), and landscaping refresh. Zoned to top-rated Hays CISD schools and just 30 minutes from downtown Austin, with easy access to Driftwood, Dripping Springs, Wimberley, Buda, and major highways. Pre-listing inspection with noted repairs and deed restrictions available upon request.
Homes like this in Ruby Ranch sell fast-schedule your private tour today!
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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 |
|---|---|---|---|
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Aug 14, 2025 | Price Decreased |
$925,000
↓ $45K
(4.6%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$969,999
↓ $25K
(2.5%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Compass RE Texas, LLC | $995,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017