5350 Soda Springs 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 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 4, 2025 | Listed by Schmidt Ranches & Realty | $275,000 | |
| Listed by Schmidt Ranches & Realty | |||
| Nov 15, 2024 | Listed by Link Realty, LLC | $319,220 | |
| Listed by Link Realty, LLC | |||
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11.6 Acres with paved county road frontage. Gentle slope with nice views of the surrounding countryside. Located approximately 8 miles northeast of Luling and 16 miles southeast of Lockhart. Minutes away from world famous BBQ. The property is partially fenced and has sandy soil with a few mature trees. The property currently has an ag valuation for reduced taxes and a low tax rate of 1.45% for 2024. Electricity is available at the street, septic systems are required at this location, and a water well is needed. Several nice building sites and up to two homes are allowed. Make an appointment to view this one today!
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| Oct 6, 2022 | Sold | ||
| Sold | |||
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Listed Office: Schmidt Ranches & Realty - Listing courtesy of Unlock MLS
Phone: (512) 277-4447
Last Updated: 2026-08-01 04:10:54
Data Source: Unlock MLS, MLS# ACT8968617
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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