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308 RIVER RDG
About This Property
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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 20, 2026 | Listed by San Antonio Portfolio KW RE | $450,000 | |
| Listed by San Antonio Portfolio KW RE | |||
| Jul 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 12, 2026 | Price Decreased |
$450,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Oct 30, 2025 | Listed by Cibolo Creek Realty, LLC | $480,000 | |
| Listed by Cibolo Creek Realty, LLC | |||
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Welcome toThe Heart of Texas Hill Country Living! Discover an exceptional 8-acre homesite in the prestigious Mystic Shores community, offering 360-degree panoramic Hill Country views and a serene glimpse of the Guadalupe River. This prime vacant lot presents the perfect opportunity to design and build your custom dream home in one of the most desirable areas of Canyon Lake.The property features a gentle slope, offering both privacy and sweeping vistas for miles. With underground utilities already in place, the lot is ready for development-simply bring your vision to life. Enjoy peaceful Hill Country living surrounded by nature, while still being minutes from the incredible Mystic Shores amenities, including two resort-style pools, a private clubhouse for gatherings, tennis and basketball courts, walking trails, and lake access. Directly across from a nature preserve, this property ensures lasting privacy and a tranquil setting. Ideally located between San Antonio, New Braunfels, and Austin, this homesite combines the quiet luxury of country living with convenient access to the area's finest dining, shopping, and entertainment. Whether you're looking for a weekend getaway or a permanent Hill Country retreat, 308 River Ridge is the perfect canvas to create your own Texas dream estate. Don't miss this rare opportunity to own a piece of paradise in Mystic Shores!
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| Oct 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017