40
Map
387 Goertz DR
About This Property
Whether you're raising cattle, keeping horses, running a small operation, or just want room to breathe, this property is set up and ready for you. Two barns, an arena, a pond, a private well, and fenced and cross-fenced pastures mean the hard work is already done, so you can start enjoying the land from day one.
The custom stone home offers 3 bedrooms, 2 bathrooms, and over 2,100 square feet of comfortable single-story living. The open floor plan features soaring ceilings and a wood-burning fireplace, while the spacious kitchen offers double ovens, a breakfast bar, and generous cabinet space-a great gathering spot after a long day outside.
The private primary suite gives you room to unwind, and two additional bedrooms work well for family, guests, or a home office.
Out back, the covered porch looks out over open pasture with panoramic views. Mature trees shade the homesite, and the pond and ranch improvements complete the picture.
Two septic systems add flexibility for future expansion, a guest house, or additional living quarters, and the barns offer plenty of space for livestock, equipment, hay storage, or a workshop.
Located between Bastrop and Lockhart with an easy drive to Austin, this property delivers the privacy and freedom of country living without giving up convenience.
If you've been looking for a ranch that's already set up and ready to go, this one belongs at the top of your list.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 24, 2026 | Relisted | $949,999 | |
| Relisted | |||
| Oct 23, 2026 | Price Decreased |
$949,999
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Oct 20, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Price Decreased |
$955,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by All City Real Estate Ltd. Co | $975,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017