509 Climbing Rock LOOP
About This Property
The light-filled floorplan features luxury vinyl plank flooring throughout, upgraded trim and baseboards with custom plinth blocks, designer lighting, and thoughtfully selected finishes in every room. The dining room showcases elegant picture-frame molding and smooth skim-coated walls, while the dedicated office is accented by a warm sage-green paint palette.
At the heart of the home, the kitchen has been elevated with upgraded soft-close cabinetry, deep drawers, custom hardware, an upgraded faucet, and a spacious walk-in pantry with added electrical outlets for convenience. The oversized island opens seamlessly to the living and dining spaces, creating an ideal setting for both everyday living and entertaining.
The primary suite feels like a luxury retreat, featuring a spa-inspired bath with floor-to-ceiling tile, a rainwater showerhead, built-in bench, upgraded tile flooring, and dual vanities. The secondary bath and laundry room have also been enhanced with custom tile selections.
Outside, mature landscaping and thoughtfully added trees, including Mountain Laurels, Cherry Laurels, a Red Bud, and Crepe Myrtle-create beautiful curb appeal and a serene backyard setting. The fully fenced yard backs to open space, providing a sense of privacy and room to enjoy the outdoors.
Additional highlights include added garage storage and cabinetry, window treatments throughout, a water softener that conveys, an upgraded electrical plan, and all the amenities that make Caliterra one of Dripping Springs' most sought-after communities.
Move-in ready, extensively upgraded, and located in award-winning DSISD, this is Caliterra living at its finest.
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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 |
|---|---|---|---|
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Decreased |
$515,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 20, 2026 | Listed by Stanberry REALTORS | $525,000 | |
| Listed by Stanberry REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017