5408 Tallgrass Blvd
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 |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Dec 15, 2025 | Price Decreased |
$343,000
↓ $7K
(2%) | |
| Price Decreased | |||
| Nov 11, 2025 | Listed by Keller Williams Heritage | $350,000 | |
| Listed by Keller Williams Heritage | |||
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Discover the peaceful lifestyle you've been looking for in Hidden Trails - Wildwood, one of Bulverde's most sought-after communities. This beautifully finished 4-bed, 2-bath home sits on a larger lot with a 3-car garage and offers modern comfort surrounded by Hill Country charm. Enjoy mornings on the patio, or take an evening walk on the miles of community trails. Hidden Trails residents love the two pools, playgrounds, stocked catch and release pond, and friendly neighborhood vibe. All this just 15 minutes from H-E-B, dining, and shopping, and an easy drive to New Braunfels, Boerne, Canyon Lake, and San Antonio. Come experience why life in Hidden Trails feels like home the moment you arrive.
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| Apr 15, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017