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20003 Calhoun Ave
About This Property
Freedom To Build: Unlike Restrictive Master-Planned Communities, You Can Bring Your Own Builder And Build On Your Own Timeline. Buy The Land Now, Secure Your Spot, And Break Ground When You Are Ready! There Is No Time Limit To Build, Making This A Perfect Hold For Investors or Future Retirees.
Resort-Style Living Included: Ownership Grants You Exclusive Access To The Lago Vista POA Amenities. Enjoy The Lake Life With 9 Waterfront Parks, 4 Private Boat Ramps, A Community Pool, Fitness Center, And Hiking Trails. You Are Not Just Buying Dirt; You Are Buying A Lifestyle.
Located In The Acclaimed Lago Vista ISD-Known For Its "A" Rating And Small Class Sizes-You Get The Perfect Blend Of Top-Tier Education And A Laid-Back Lake Vibe.
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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 |
|---|---|---|---|
| Jan 10, 2026 | Price Decreased |
$25,000
↓ $7K
(21.9%) | |
| Price Decreased | |||
| Dec 19, 2025 | Listed by Venture Partners R.E. | $32,000 | |
| Listed by Venture Partners R.E. | |||
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017