Lot 47 Balcones Ridge WAY
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by My Castle Realty | $109,000 | |
| Listed by My Castle Realty | |||
| Apr 15, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 30, 2025 | Price Decreased |
$114,900
↓ $25K
(17.9%) | |
| Price Decreased | |||
| Sep 12, 2025 | Listed by Keller Williams - Lake Travis | $139,900 | |
| Listed by Keller Williams - Lake Travis | |||
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Spectacular views! This is not the typical flat lot in Whitewater Springs, located almost to the end of Balcones Ridge Way, this lot showcases incredible views of the Texas hill country. There is a great flat building site too. Whitewater Springs is a gated community with large lots and wonderful amenities -- a HOA park with a pool, picnic area, playground, waterfalls, large stately trees, trails, lake and pond. Located adjacent to the Balcones Canyonland Wildlife Refuge and close to Bertram, Liberty Hill and Marble Falls. Whitewater Springs offers you the opportunity to live away from the hustle and bustle yet close to Austin allowing you to enjoy the many attributes of a large city if desired.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017