40 Peace Pipe
About This Property
Constructed with high-thermal-performance concrete, the home's thermal mass slows heat transfer to help moderate temperature swings while maintaining energy efficiency. Certified to the EnergyStar Home standard, ICON homes typically achieve a Home Energy Rating System (HERS) score between 40–55, making them approximately 45–60% more energy efficient than standard new homes. Final HERS ratings vary by home and floor plan.
Built with ICON's proprietary low-carbon CarbonX material and advanced robotic construction, these homes represent one of the lowest-carbon residential building systems available at scale. ICON's printed wall system is designed for exceptional durability and has been tested to withstand winds up to 250 mph while offering resistance to water, mold, termites, and fire.
Interior features include floor-to-ceiling windows, standing seam metal roof, porcelain tile backsplashes, quartz countertops, Bosch stainless steel appliances, induction cooktop, and smart home features. The primary suite offers a dual vanity and freestanding soaking tub.
Located in Wimberley near Blue Hole, Jacob's Well, local boutiques, and farm-to-table dining.
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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 |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$649,000
↓ $16K
(2.4%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$665,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 10, 2026 | Listed by Compass RE Texas, LLC | $675,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017