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2221 Park View DR
About This Property
Come experience Texas Hill Country living at it's finest at Mustang Ridge Estates- a premier subdivision located in the heart of Marble Falls, Texas. Situated in Burnet County, this charming community offers a tranquil and picturesque setting for residents to call home. Known for its stunning natural beauty and convenient location and with its close proximity to the city of Marble Falls, residents can enjoy the best of both worlds - a peaceful suburban lifestyle with easy access to urban amenities. One of the standout features of this subdivision is its commitment to preserving the natural environment. The community boasts beautifully landscaped green spaces, walking trails, and parks, allowing residents to connect with nature and enjoy outdoor activities.
In addition to its scenic surroundings, Mustang Ridge Estates is conveniently located near a range of amenities. Residents can take advantage of nearby shopping centers, restaurants, schools, and healthcare facilities, making everyday life convenient and hassle-free.
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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 |
|---|---|---|---|
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Relisted | $599,803 | |
| Relisted | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$599,803
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed by eXp Realty, LLC | $609,903 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017