296 Thompson RD
About This Property
Easy access to HWY 20, HWY 130, Austin, and Bastrop. Investors, builders, and homesteader's dream! Aqua water line at street.
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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 |
|---|---|---|---|
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by TS Realty | $275,000 | |
| Listed by TS Realty | |||
| Feb 19, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 7, 2024 | Listed by Countywide Realty | $398,000 | |
| Listed by Countywide Realty | |||
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Country living on 7.61 acres with plenty of road frontage. Come build your dream home and bring your animals. A Bluebonnet Electric pole, Aqua Water meter and a septic on the property. No documentation on septic. Property is fenced and cross fenced. Trees and plenty of space for a garden and additional structures. Bring your horses. Storage shed. Lots of potential for the acreage. Mobile, Modular and Manufactured homes allowed. Do not enter the property without a realtor. Verify Schools. Easy commute to Lockhart, Bastrop, Austin and approximately 25 minute drive to TX-130 and Circuit Of America. Property being sold AS IS.
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| Nov 22, 2023 | Listed by Countywide Realty | $398,000 | |
| Listed by Countywide Realty | |||
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Country living on 7.61 acres with plenty of road frontage. Come build your dream home and bring your animals. A Bluebonnet Electric meter, Aqua Water meter and a septic on the property. No documentation on septic. Property is fenced and cross fenced. Trees and plenty of space for a garden and additional structures. Lots of potential for the acreage. Mobile, Modular and Manufactured homes allowed. Do not enter the property without a realtor. Verify Schools. Easy commute to Lockhart, Bastrop, Austin and approximately 25 minute drive to TX-130 and Circuit Of America. Property being sold AS IS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017