2976 Lower Willow Creek RD
About This Property
The ranch is heavily treed with beautiful oak cover and natural draws, creating excellent habitat for wildlife. Whitetail deer, turkey, dove and quail are abundant, making this a true sportsmans paradise. With its thick cover , the property offers endless opportunities for hunting, recreation, or establishing a secluded retreat.Secluded yet accessible, this acreage captures the essence of the Hill Country.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Relisted | $3,382,000 | |
| Relisted | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Price Decreased |
$3,382,000
↓ $186K
(5.2%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Landmasters Real Estate | $3,568,000 | |
| Listed by Landmasters Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017