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321 Ramble LN
About This Property
Situated in an established neighborhood, the lots feature easy road access and utilities available at the street, making development more convenient. The area is surrounded by homes, churches, and local amenities, giving it a strong community feel.
Whether you're a builder, investor, or end user, this is a rare chance to secure land in one of Austin's most desirable and fast-growing areas.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 17, 2026 | Listed by Master Key Realty | $185,000 | |
| Listed by Master Key Realty | |||
| Feb 26, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 5, 2024 | Listed by Watters International Realty | $350,000 | |
| Listed by Watters International Realty | |||
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Nestled in a fantastic South Austin location, this quarter acre lot offers the perfect opportunity to build your dream home. This ready-to-build lot is ideal for anyone looking to immerse themselves in the vibrant Austin lifestyle. Whether you're planning a cozy family home or a modern architectural masterpiece, this level lot provides the perfect canvas for your vision. You'll have easy access to all that South Austin has to offer., from trendy eateries and boutique shopping to pristine parks. Don't miss out on this rare opportunity to secure a prime piece of land in such a desirable location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017