2037 Mesita WAY
About This Property
This expansive .88-acre corner lot offers a rare opportunity to build your dream home with breathtaking views of
the golf course. Located in the newest neighborhood to be developed in the Crystal Falls area, this lot provides the
perfect blend of tranquility, nature, and modern living. Situated on private roads, this community is a serene
escape from the hustle and bustle, offering unparalleled access to the natural beauty of the Texas Hill Country.
With spacious homesites and an intimate 20-lot neighborhood, The Views at Crystal Falls is designed for those who
value privacy and exclusive living. The quiet ambiance, combined with stunning views, makes it an ideal setting for
those seeking to build a custom home that takes full advantage of its surroundings. The neighborhood is located
just off Crystal Falls Parkway, a prime location with convenient access to natural areas, local amenities, shopping,
dining, and top-rated schools. The scenic drive to the property highlights the beauty of the area, with rolling hill
country views, offering a peaceful retreat yet close to everything you need.
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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 |
|---|---|---|---|
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed by FULL CIRCLE RE | $299,000 | |
| Listed by FULL CIRCLE RE | |||
| Jul 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$299,000
↓ $41K
(12.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017