2966 RM 165
About This Property
The home features 4 spacious bedrooms, 4 full bathrooms, and a dedicated office, all thoughtfully designed within 3,400 square feet of living space. Expansive outdoor living is a highlight, with over 2,000 square feet of decking-perfect for entertaining or simply enjoying the serene surroundings.
Towering, mature oak trees frame the property, creating a picturesque setting and providing shade and tranquility. From nearly every angle, you'll take in sweeping Hill Country views that truly set this property apart.
A newly cleared access point offers direct entry off RM 165, making coming and going effortless. Despite its peaceful, private feel, the location is incredibly convenient-just 15 minutes to downtown Dripping Springs, 10 minutes to downtown Blanco, and less than an hour to both Austin and San Antonio.
Whether you're looking for a full-time residence, a weekend retreat, or a property with room to expand, this unique Hill Country estate delivers space, beauty, and accessibility in one exceptional package.
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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 20, 2026 | Listed by Topper Real Estate | $1,400,000 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017