378 Moonlit Stream PASS
About This Property
The main floor features a modern open-concept layout, including a guest bedroom with full bath, a dedicated office, laundry room, and a spacious primary suite. The gourmet kitchen is a chef's dream, offering premium finishes, abundant cabinetry, and a large center island that seamlessly connects to the dining and living areas-ideal for entertaining or everyday living. The primary retreat overlooks the private, tree-lined greenbelt and includes plantation shutters, dual vanities, a spa-like soaking tub, glass-enclosed shower, and a generous walk-in closet. Upstairs, a flexible loft space and two additional bedrooms share a full bathroom, creating the perfect space for guests, family, or hobbies. Step outside to enjoy a covered back patio shaded by mature trees, backing directly to a greenbelt with no direct neighbors behind, offering exceptional privacy and a tranquil setting for relaxing or entertaining. Located in the heart of Dripping Springs, you'll enjoy access to top-rated schools, scenic trails, vibrant local shops and eateries, and the perfect balance of rural charm and modern convenience.
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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 |
|---|---|---|---|
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Keller Williams Realty | $665,000 | |
| Listed by Keller Williams Realty | |||
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About Hays
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017