20640 Moreh Peak PASS
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 |
|---|---|---|---|
| Sep 17, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 16, 2026 | Listed by Sweets Real Estate | $2,995,000 | |
| Listed by Sweets Real Estate | |||
| Jul 14, 2026 | Price Decreased |
$2,995,000
↓ $305K
(9.2%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$3,300,000
↓ $400K
(10.8%) | |
| Price Decreased | |||
| Feb 17, 2026 | Listed by Kuper Sotheby's Int'l Realty | $3,700,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Serengeti meets the Hills of Austin with SELLER FINANCING available to qualified buyers. Beyond the gates of Preservation Ranch lies one of the most compelling land offerings in the Austin market—32 acres of rolling savannah, dramatic ridgelines, and panoramic Hill Country vistas that stretch for miles. Golden grasses, native oaks, and roaming wildlife create a setting that feels like Africa at sunset—yet you are just minutes from Bee Cave, the Hill Country Galleria, Lake Travis, and West Austin. This is not simply acreage. This is a private domain. Multiple elevated build sites offer commanding long-range views, exceptional privacy, and the opportunity to design a world-class estate or modern architectural retreat. Horses are permitted, allowing for a true Texas ranch lifestyle within a refined, luxury community setting. Extraordinarily rare is its infrastructure. Full utilities are in place—including public water (no well required)-along with underground electric and paved roads. Large-acreage homesites ensure enduring privacy, while thoughtful community planning protects sightlines and natural beauty. Preservation Ranch is a 920-acre, double-gated enclave designed for those who value privacy, views, & land stewardship. The HOA actively manages a Wildlife Management Program, maintaining a Wildlife Exemption that nearly eliminates property taxes while preserving the native habitat. Miles of private trails weave through protected open space, creating an immersive connection to the land. Here, privacy is absolute. Security is layered. Convenience is effortless. Downtown Austin, private aviation, premier public and private schools, and fine dining remain within easy reach—yet life here feels worlds away from the noise. This is a retreat for those who desire acreage, hill country views, nature, and privacy without sacrificing daily conveniences. A sanctuary. A legacy ranch. A Serengeti in Austin's Hill Country.
*Rendered house for inspiration but can be built.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017