2502 Ranch Road 1323
About This Property
Ideally located just minutes from Johnson City and the renowned Texas 290 Wine Trail, you'll enjoy convenient access to local wineries, charming restaurants, and attractions such as The Exotic Resort Zoo.
The property already features major infrastructure improvements, including a private well (approx. $25,000 value), septic system (approx. $20,000 value), and electric service in place (approx. $10,000 value)-saving you significant time, money, and effort as you begin building.
You'll enjoy the flexibility to create the property you envision while preserving the natural beauty and integrity of the area. Located just 30 minutes from Marble Falls and within an hour of both Austin and San Antonio, this property offers the perfect balance of privacy, serenity, and accessibility.
Quiet, scenic, and surrounded by the unmatched beauty of the Texas Hill Country-this is a rare opportunity to own a truly special piece of Texas land.
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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 9, 2026 | Price Decreased |
$561,000
↓ $38K
(6.3%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by Douglas Elliman Real Estate | $599,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Mar 6, 2026 | Listed by Douglas Elliman Real Estate | $599,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Discover 18.86 acres of breathtaking Texas Hill Country beauty, offering spectacular long-range views and a peaceful, private setting. Ideally located just minutes from Johnson City and the renowned 290 Wine Trail, this property provides convenient access to local wineries, charming restaurants, and attractions like the Exotic Resort Zoo. The land features an abundance of mature oak trees, gently rolling terrain, and multiple prime build sites-perfect for creating your dream home, weekend retreat, or investment property. With light restrictions, you'll enjoy flexibility while still preserving the natural beauty and integrity of the area. Located just 30 minutes from Marble Falls and within an hour of both Austin and San Antonio, this property offers the ideal balance of seclusion and accessibility. Quiet, serene, and surrounded by the beauty of the Hill Country-this is a rare opportunity to own a truly special piece of Texas land.This property has septic, well and electric in place
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| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | Listed by Century 21 Town Creek - Johnson City | $850,000 | |
| Listed by Century 21 Town Creek - Johnson City | |||
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Very minimally restricted 18.86 beautiful Texas Hill County acreage with expansive views is only 8 minutes from Johnson City, 30 minutes to Fredericksburg and hour to Austin or San Antonio. This property has a well, septic and electric in place. It also offers a new fully remodeled shipping container with an office and extra bedroom for guests and two additional shipping containers for storage. Beautiful oaks and cleared of cedar this property is the perfect location for your dream home! Don't miss this rare hill country opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017