TBD LOT 32 Joshua Ranch Dr
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%.
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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.
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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 8, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$189,000
↓ $6K
(3.1%) | |
| Price Decreased | |||
| Jun 27, 2025 | Listed by Hill Country Flat Fee Realty | $195,000 | |
| Listed by Hill Country Flat Fee Realty | |||
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Looking for the perfect acreage lot to build your next home on? Well take a look at lot 32 in the gated community of The Ranches at Joshua Crossing! This gorgeous lot features 4.52 acres with a nice mix of Texas Hill Country views, some mature oak trees, as well as a nice meadow in the first third of the property with some great soil for some animals or vegetation! You will have multiple building sites to choose from along with various elevation options. If views are important, you can certainly take advantage of the gentle hill towards the back of the lot, or choose to place your home in the middle of the lot to give you the best of both worlds. Building requirements are as follows: only 2,600 SF minimum for a single story and 3,000 SF for a two story home. No mobiles, no manufactures home. Well and septic will be required once you build. A gravel driveway has already been installed 150 feet into the lot. Ranches at Joshua Crossing is a peaceful, gated community that features just 29 acreage lots, is close to IH-10 and is a mere 45 minutes to San Antonio, and 15 minutes to Boerne for all of your shopping and dining needs. If you are looking for your next affordable acreage lot to build your custom home or even as a solid investment, put lot 32 on your (very) short list!
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| May 12, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017