2477 OLD LEHMANN RD
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 |
|---|---|---|---|
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by TS Realty | $364,000 | |
| Listed by TS Realty | |||
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**Motivated Sellers** Discover the perfect blend of privacy and convenience with this 10.5-acre wooded retreat, offering everything you need to bring your dream home to life. Nestled in a prime location, this property features a 2,070 sq. ft. steel-covered barn with built-in storage, a strong foundation, and plumbing in place—ready to be finished into your ideal home. Steel studs are included with the sale, and home plans are available and can be emailed.
Enjoy modern conveniences with electric, underground fiber internet, and water already on-site and connected to the building. The property also includes two RV hookups with electric and water, plus a gravel circle drive and an electric gate for easy access. Wildlife abounds, making this an ideal location for those seeking tranquility without sacrificing proximity to key destinations.
Centrally located:12 miles to Seguin, 18 miles to New Braunfels, 14 miles to San Marcos and 25 miles to Lockhart.
Don’t miss this rare opportunity to own a well-equipped property with the groundwork already laid for your future home. Schedule a showing today!
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| Jan 26, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by Simmonds Real Estate Inc. | $205,909 | |
| Listed by Simmonds Real Estate Inc. | |||
| Jun 12, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017