395 Lehne LOOP
About This Property
Enter the neighborhood, peaceful surroundings set the tone-and the serenity only grows as you pull into the drive at 395 Lehne Loop. 4-BR, 2-BA home features open floor plan with spacious living area, breakfast bar, granite counters, SS appliances, & generously sized rooms. Covered patio overlooking a fantastic backyard, cozy firepit, & Hill Country views. The property offers a remarkable mix of luxury, recreation, & utility. Stocked pond sits toward the back of the acreage-perfect for dove hunters or peaceful relaxation. Detached, heated /cooled garage-carport includes the home's water softener, & a 600 sq. ft. insulated metal workshop provides excellent space for projects or storage. Additional improvements include a carport, a whole-house Generac system, rainwater collection tanks, well with water
storage tank, & approx 10 acres of cultivated field. For larger equipment or recreational vehicles, a newly built 25x60 drive-through RV storage barn, a large pole barn, & another sizable stacked open-air storage bins. Part restricted & part unrestricted-allowing for hunting on the unrestricted portion. The entire acreage maintains its ag exemption, supported by freely roaming longhorns within the restricted Lehne Ranch section and cultivation on the remaining acreage. 3 miles from Lake Buchanan & 6 miles from Lake LBJ, a deeded easement providing direct access to Hwy 29
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$950,000
↓ $75K
(7.3%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$1,025,000
↓ $25K
(2.4%) | |
| Price Decreased | |||
| Mar 25, 2026 | Listed by Horseshoe Bay Resort Realty | $1,050,000 | |
| Listed by Horseshoe Bay Resort Realty | |||
| Apr 14, 2023 | Listed by eXp Realty, LLC | $1,200,000 | |
| Listed by eXp Realty, LLC | |||
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Prepare to be wowed by this beautiful 30 +/- acre property. Located in the highly sought after gated Lehne Ranch subdivision. You can feel the serenity as you drive through the subdivision and into the drive of 395 Lehne Loop. You will immediately notice the immaculately landscaped yard. This 4/2 home boasts an open floor plan, breakfast bar, granite countertops, stainless steel appliances, spacious rooms. You will feel a sense of calm as you walk out the back door to the covered patio, fantastic backyard and firepit. Oh and the views! The recently dug out pond is ready for the new owners to make it their own. There is another stock pond towards the back of the property as well. The detached garage/carport is finished out and heated/cooled, also housing the water softener. 600 sq. ft. metal insulated workshop. Carport, greenhouse, whole house Generac system, rainwater collection tanks, well and water storage tank. Approx. 10 acres cultivated field, large pole barn, another large stacked open air storage building. Part of this property is restricted and part is unrestricted, which allows for hunting. It is all ag exempt. The restricted Lehne Ranch property has longhorns roaming freely, for the ag exemption, and the cultivated field takes care of the rest of the property for the ag exemption. It sits approx. 3 miles from Lake Buchanan and 6 miles from Lake LBJ. It includes a deeded easement that gives the property access to Hwy. 29. SELLER WILL CONSIDER SELLING HOUSE W/LESS ACREAGE.
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| Aug 22, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017