300 Sundown RDG
About This Property
The home features classic Hill Country architecture with a log-style front porch, limestone accents, and an R-panel screw-down metal roof. Built w/ energy-efficient structural engineered panels (10" roof panels and solid foam 6" walls + 6" limestone), the home was awarded "Superior Energy Efficiency" by PEC when it was built. Inside, the open-concept layout connects the living, dining, kitchen, and office areas, accented by terra-cotta style tile floors, vaulted ceilings, exposed beams, skylights, and a stone fireplace. Long-leaf pine trim adds warmth throughout. The kitchen was renovated in 2023 with quartz countertops, subway tile, and stainless steel appliances, and the HVAC was replaced the same year. The vaulted primary suite features French doors, a soaking tub, glass shower, dual vanities, and a skylight. Two secondary bedrooms share a stylish bath, and a large 572-square-foot recreation or game room with a half bath completes the home. This is one you don't want to miss - a rare Hill Country retreat offering privacy, versatility, and convenience.
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Cap Rate Calculator
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 12, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Relisted | $899,000 | |
| Relisted | |||
| Feb 1, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by Compass RE Texas, LLC | $975,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 2, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017