290 Turkey RUN
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 |
|---|---|---|---|
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Compass RE Texas, LLC | $475,000 | |
| Listed by Compass RE Texas, LLC | |||
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Lender-Paid Incentive! Your gateway to peaceful Hill Country living awaits at 290 Turkey Run, nestled in the prestigious gated golf-course community of Meadowlakes, minutes from the vibrant heart of Marble Falls. This thoughtfully crafted home features an open-concept design with 3 beds, 2.5 baths, a 2.5-car garage, & a bonus space perfect for a home office, formal dining, or living room. The remodeled kitchen is truly the heart of the home embellished w/updated finishes, including clean, modern cabinetry, & SS appliances. With seamless connection to the main living & dining areas, this space is perfect for entertaining guests or enjoying quiet evenings with loved ones. Elegant tray ceilings, abundant natural light, & LVP flooring throughout add sophistication & durability to the home. Outside you’ll find an expansive, private covered patio & enjoy unobstructed panoramic ranchland views - such a serene backdrop for morning coffee & breathtaking evening sunsets! The backyard’s sense of openness ensures privacy while immersing you in the beauty of the countryside. Add'l home features include a brand-new roof, generously sized bedrooms including a primary spa-like ensuite w/walk-in shower, large closet & Bluetooth sound system. Residents of Meadowlakes enjoy 24/7 gated security, Hidden Falls 18-hole golf course, clubhouse, restaurant, pool, playground, fishing dock, boat ramp, tennis/pickleball courts, community parks, trails, & a close-knit small-town atmosphere. With Lake Marble Falls nearby, you'll have easy access to boating, fishing, paddleboarding, and lakeside fun. Marble Falls itself offers unique boutiques, dining, wineries, breweries, lively festivals & access to hiking/biking, and state parks. This home combines low-maintenance living w/scenic surroundings & unbeatable access to Hill Country amenities - an exceptional opportunity in one of the area's most sought-after lakeside communities. Low Tax Rate! Fall in love with your Hill Country home today!
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| Jan 13, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2025 | Price Decreased |
$499,500
↓ $10K
(2%) | |
| Price Decreased | |||
| Aug 21, 2025 | Price Decreased |
$509,500
↓ $8K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017