230 Bush Bok DR
About This Property
The property features a 400' deep water well producing approximately 12 GPM, an advanced aerobic septic system, and electric service with both 30 & 50 amp RV hookups, ideal for RV living, weekend getaways, or construction support. A well house with above-ground storage tank and a spacious metal barn/workshop with two garage bays provide ample storage for vehicles, equipment, and hobbies.
Beautifully dotted with mature live oak trees, the land offers privacy, scenic views, and a true Hill Country atmosphere. Residents enjoy the unique charm of the community where Blackbuck antelope roam freely, adding to the rural lifestyle. The property also benefits from a wildlife exemption, significantly reducing property taxes-an exceptional advantage.
Located just 15 minutes from Burnet and within easy reach of Austin and the Highland Lakes, this secluded yet accessible location allows you to enjoy nearby camping, fishing, boating, and outdoor recreation. An adjacent 6-acre parcel is also available, offering the opportunity to combine for approximately 11 acres, ideal for those seeking additional space or private hunting land.
With existing infrastructure, natural beauty, and valuable tax benefits already in place, this property is a standout opportunity to build your dream home, establish a weekend retreat, or enjoy a peaceful country escape.
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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 |
|---|---|---|---|
| Mar 2, 2026 | Listed by JPAR Round Rock | $240,000 | |
| Listed by JPAR Round Rock | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by All City Real Estate Ltd. Co | $250,000 | |
| Listed by All City Real Estate Ltd. Co | |||
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Situated in Burnet County’s prestigious Ranches at Blackbuck Ridge, this 5-acre parcel offers a unique opportunity for those seeking a blend of natural beauty and practical amenities. Unlike most lots in the community, this property is fully equipped for immediate use, making it stand out from the rest. The land features a 400' deep well with a strong 12 gallons-per-minute flow and an advanced aerobic septic system, saving future owners time and expense. Electricity is already in place, with 30 and 50 amp RV hookups, perfect for RV living, weekend retreats, or construction purposes. Truly a turn-key solution for those looking to have a part time camping outpost or are ready to start building their country dream home. The property also includes a well house with an above-ground storage tank and a spacious metal barn/workshop with two garage parking spots, providing ample room for vehicles, equipment, or hobbies. The lot is amply loaded with mature live oak trees, offering privacy and stunning views from all angles. Adding to the charm, Blackbuck Antelope roam the community, enhancing its rural appeal. One of the most attractive features is the property’s wildlife exemption, reducing property taxes significantly, a rare financial advantage. The neighboring 6 acre parcel is also available for purchase allowing for a potential total of 11 acres, perfect for those that would like to hunt on their property. With existing utilities, beautiful surroundings, and a valuable tax exemption, this property is ready for your vision. Whether you’re planning to build your dream home or simply enjoy a peaceful escape, this 5-acre parcel is a rare find. Prime Hill country Location is secluded, yet close enough to Austin and surrounding attractions to enjoy all the camping, fishing and water sports the Highland Lakes area has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017