27
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2109 Park View DR
About This Property
Country living in the sparkling lakeside city of Marble Falls! Mustang Ridge Estates is an exceptional community with acreage homesites, all with the benefits of being in the city. Just 1 mile to Marble Falls High School and minutes from downtown, Mustang Ridge Estates is a small town commuters' dream within convenient proximity to shopping, dining, and entertainment in charming downtown Marble Falls. This prime hill country location is secluded, yet close enough to the town's surrounding attractions to enjoy all the camping, fishing, golfing, hunting and water sports the Highland Lakes area has to offer.
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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 |
|---|---|---|---|
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$639,703
↓ $100
(0%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$639,803
↓ $100
(0%) | |
| Price Decreased | |||
| Dec 21, 2024 | Listed by eXp Realty, LLC | $639,903 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017