400 Blackjack Oak Drive
About This Property
Discover over 10 acres in the gated Rolling Oaks Ranch community, offering space, privacy, and the freedom to build when you're ready. This property allows for a minimum 1,200 sq ft main home, with livestock and hunting permitted. Mobile homes are not allowed. Set within a large Hill Country acreage community, Rolling Oaks Ranch provides a peaceful setting with room to spread out and create your own vision of Texas land ownership.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Relisted | $149,000 | |
| Relisted | |||
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 27, 2026 | Listed by Always Here Properties, LLC | $149,000 | |
| Listed by Always Here Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017