228 Bosque TRL
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 |
|---|---|---|---|
| Jun 20, 2026 | Listed by eXp Realty, LLC | $199,999 | |
| Listed by eXp Realty, LLC | |||
| Feb 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 23, 2025 | Listed by Spyglass Realty | $210,000 | |
| Listed by Spyglass Realty | |||
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Discover the best value in the coveted Summit Springs gated community with this exceptional 3-acre homesite in the heart of the Texas Hill Country. This relatively flat, buildable lot offers the ideal canvas for your custom dream home, surrounded by breathtaking panoramic views.
Enjoy the natural beauty and peaceful setting enhanced by a roaming herd of blackbuck antelope, which also qualifies landowners for an agricultural tax exemption on 2 of the 3 acres—a rare and valuable benefit. With a low tax rate, this property is both a smart investment and a serene retreat.
Utilities are ready to be connected. Water is through Corix Utilities and electricity is through PEC which is available at the street. A survey is included, and a septic system will be needed. The community is securely gated and thoughtfully master-planned, preserving the charm and character of the Hill Country lifestyle.
Deed restrictions are attached. Buyer to verify schools.
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| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | Listed by eXp Realty, LLC | $185,000 | |
| Listed by eXp Realty, LLC | |||
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Are you searching for a 3 acre lot with privacy, amazing views, low taxes, and underground utilities? Look no further! Nestled in the heart of the Texas Hill Country, this sprawling three-acre creekside lot within the Summit Springs gated master-planned community offers an incredible opportunity to build your custom hill country home! The relatively flat lot provides perfect building sites with a buffer zone for creek bed that offers natural terrain and vegetation. Building site set back from private road enjoys north view of Summit Springs and hill country landscape beyond. Picture yourself waking up to awe-inspiring views of the hill country every morning! A herd of blackbuck antelope roams the community, which provides landowners with an agricultural tax exemption on 2 of the 3 acres. The best way to view this parcel is to walk up the old ranch road to the highest elevation where you'll discover the solitude and hidden beauty that awaits you. Summit Springs is surrounded by privately owned acreage ranches and custom homes that lend to ultra privacy, and a diversity of breathtaking views. Close to Lake Marble Falls, Lake LBJ, and Lake Travis. Located in Burnet County, just outside Marble Falls city limits. Community water and electricity are available at the street. Don’t miss this great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017