$842,000
●
House -
Off Market
3940 Lariat Ridge
New Braunfels, TX 78132
4 Beds
3 Baths
2,592 Ft²
$5,144
Est. Monthly
About This Property
Your search for a quiet, private hill country escape ends here!
Perched high on a hillside, enjoy breath-taking views of
Canyon Lake & the hill country from the multiple back patios of
this 4 bedroom/3 bath ranch home on 6.6 UNRESTRICTED acres in JDJ
Ranch. The home is well-updated with recent LVP flooring,
interior paint, and so much more--see attachment for detailed list.
Flexible water sources: Extensive 30K gallon rainwater harvesting
system + well! Circular driveway with dual wrought-iron gates. RV
Unit Size
2,592 Ft²
Days on Market
-
Land Size
6.60 acres
Price per sqft
$328
Property Type
House
Property Taxes
$970
HOA Dues
-
Year Built
1990
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (LERA #1762821)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Mar 31, 2024 | Listed by Better Broker, Texas Realty | $849,900 | |
| Listed by Better Broker, Texas Realty | |||
| | |||
|
Your search for a quiet, private hill country escape ends here! Perched high on a hillside, enjoy breath-taking views ofCanyon Lake & the hill country from the multiple back patios of this 4 bedroom/3 bath ranch home on 6.5UNRESTRICTED acres in JDJ Ranch. Relax in the hot tub while enjoying lake views! The home is well-updated withrecent LVP flooring, interior paint, and so much more--see attachment for detailed list. Extensive rainwater harvestingsystem + well! Circular driveway with dual wrought-iron gates. RV parking with utilities on the property. Plenty ofroom to park all your toys. The property is accessible via a private road, but also features a private driveway/easementdown to CR 2673. Quick access to Canyon Lake boat ramps, float or fish the Guadalupe River, tour local wineries &breweries, or visit nearby New Braunfels/Gruene for shopping & entertainment! This property is an operational vacation rental, so please contact Listing Agent to schedule a private viewing.
| |||
| Dec 24, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed by Breakaway Real Estate | $849,900 | |
| Listed by Breakaway Real Estate | |||
| | |||
|
Your search for a quiet, private hill country escape ends here! Perched high on a hillside, enjoy breath-taking views of Canyon Lake & the hill country from the multiple back patios of this 4 bedroom/3 bath ranch home on 6.6 UNRESTRICTED acres in JDJ Ranch. The home is well-updated with recent LVP flooring, interior paint, and so much more--see attachment for detailed list. Flexible water sources: Extensive 30K gallon rainwater harvesting system + well! Circular driveway with dual wrought-iron gates. RV parking with utilities on the property. Plenty of room to park all your toys. The property is accessible via Lariat Ridge, but also features a private driveway/easement down to CR 2673. Quick access to Canyon Lake boat ramps, float or fish the Guadalupe River, tour local wineries & breweries, or visit nearby New Braunfels/Gruene for shopping & entertainment! Sellers prefer that most furniture conveys with sale, if possible--contact agent to discuss. This property is an operational vacation rental, so please contact Listing Agent to schedule a private viewing. The manager has listed the unit size as 2592 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Sold On
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HOA + Taxes
About Canyon Lake
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Listed by: David Prewett, Better Broker, Texas Realty
Last Updated: 6 months ago
Data Source: LERA, MLS# 1762821
Last Updated: 6 months ago
Data Source: LERA, MLS# 1762821
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