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32 Live Oak Drive
About This Property
Looking for a great place to enjoy weekends at Lake Brownwood? These four lots on Live Oak Drive, located in the Tamarack Mountain Owners Association near May, Texas, offer plenty of potential for your lake getaway. The lots have water and electricity available, making them ideal for RV use or for planning your future lake retreat.
The property features mature trees, plenty of shade, and a layout that appears to offer several areas suitable for a level building site. With four lots included, you have room to spread out, create your own private lake retreat, or enjoy the flexibility that additional space provides.
Tamarack Mountain Owners Association offers great amenities for lake enthusiasts, including a swimming pool, boat ramp, fishing dock, playground, and BBQ area.
Whether you're looking for a place to park your RV, build a weekend getaway, or simply have your own piece of the Lake Brownwood area, this property is worth a look. Don't let this one get away!
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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 |
|---|---|---|---|
| Sep 10, 2026 | Listed by UCRE - Tx Home and Ranches RE | $20,000 | |
| Listed by UCRE - Tx Home and Ranches RE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017