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21708 McAllister CIR
About This Property
Build your dream home and take in stunning Hill Country views from this peaceful 0.2254-acre corner lot on a quiet street. With no building timeline and no required builder, you have the flexibility to build when you're ready - or simply hold as an investment.
Whether you're looking for a full-time residence, a vacation home, or a smart addition to your portfolio, this location is ideal. As a property owner, you'll enjoy exclusive membership in the Lago Vista Property Owners Association, granting access to 9 private waterfront parks, boat ramps, marinas, a fitness center, pool, campground, fishing well, basketball and tennis courts, pickleball, disc golf, playgrounds, hiking trails, pavilions, and more.
Play now, build later - the choice is yours!
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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 |
|---|---|---|---|
| May 7, 2025 | Listed by Citywide Realty - Team Elite Group | $60,000 | |
| Listed by Citywide Realty - Team Elite Group | |||
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About Highland Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017