304 Stonegate LN
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 9, 2026 | No longer available | - | |
| No longer available | |||
| Jul 9, 2026 | Listed by Coffman Real Estate | $250,000 | |
| Listed by Coffman Real Estate | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by Coffman Real Estate | $250,000 | |
| Listed by Coffman Real Estate | |||
| |||
|
Discover the perfect opportunity to build your dream home on this beautiful 2.5-acre Hill Country lot in the desirable Stonegate subdivision. This level homesite features stunning clusters of mature oak trees, offering both natural beauty and exceptional privacy with thoughtful separation from neighboring properties and McGregor Lane. Enjoy the peace and quiet of this charming acreage community while still being just minutes from downtown Dripping Springs. The property offers an ideal building site with electric available at the property line, and the flexibility to install a well or rainwater collection system along with a septic system. Whether you're a builder looking for your next spec project or a buyer ready to create a custom Hill Country retreat, this lot is ready for your vision. Located within the highly acclaimed Dripping Springs ISD, this property combines convenience, privacy, and natural beauty in one exceptional offering. **Buyer and Buyer's Agent are responsible for conducting all due diligence and verifying all information, including but not limited to: property condition, zoning, permits, taxes, and utility access.**
| |||
| Apr 26, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017