LOT 511 MOUNTAIN CREEK TRAIL
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 29, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$130,000
↓ $5K
(3.7%) | |
| Price Decreased | |||
| Jan 8, 2025 | Listed by Keller Williams Heritage | $135,000 | |
| Listed by Keller Williams Heritage | |||
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Discover tranquility in this sprawling 2.19 acre rural haven nestled within The Crossing subdivision located in Boerne. Embrace the vastness of space to craft your dream home surrounded by nature's beauty. This includes amenities such as tennis and basketball courts, direct access to the Guadalupe River, a park with a pavilion, pickleball courts, playground, and a BBQ picnic area. Enjoy the serenity of country living while being just moments away from city conveniences. 35 miles to San Antonio International Airport.
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| May 31, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017