439 Vail River RD
About This Property
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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 |
|---|---|---|---|
| Aug 9, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 11, 2026 | Listed by Stanberry REALTORS | $350,000 | |
| Listed by Stanberry REALTORS | |||
| May 31, 2026 | No longer available | - | |
| No longer available | |||
| Feb 25, 2026 | Listed by Stanberry REALTORS | $1,373,000 | |
| Listed by Stanberry REALTORS | |||
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Perched on 3.37 acres of breathtaking, uninterrupted Hill Country views, this exceptional homesite in the exclusive gated community of Northridge offers a rare opportunity to build a fully personalized luxury retreat in the heart of Dripping Springs.
Introducing the Buccaneer floor plan from David Weekley Homes — a spacious and thoughtfully designed residence featuring 5 bedrooms, 4.5 bathrooms, two expansive living areas, and a 3-car garage. Designed to capture the surrounding natural beauty, the home includes a stunning balcony ideal for taking in panoramic Hill Country views.
The proposed build includes premium structural upgrades such as an extended covered rear porch for seamless indoor-outdoor living, custom dining room cabinetry, and double doors leading from the upstairs living area to the balcony, enhancing both functionality and architectural presence.
Interior and exterior finishes will be fully selected by the buyer, offering the opportunity to create a home tailored to your exact style and vision. **Buyers may also choose an alternate floor plan if desired.**
Our pricing includes the homesite, site preparation, as well as structural & interior upgrades - and reflects a 10% discount off the base price of the Buccaneer floor plan (valid through March 2026). Final pricing and square footage will be determined based on buyers' selections. Final specifications and finishes to be determined during the design process.
Northridge is an intimate gated community of just 12 homesites tucked along a quiet cul-de-sac, offering privacy, sweeping views, and the serenity of Hill Country living — all within convenient reach of Dripping Springs amenities and DSISD schools.
A rare blend of land, luxury, and lifestyle — ready to be built around you.
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| May 22, 2025 | Price Decreased |
$350,000
↓ $30K
(7.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017