33
Map
5705 Shirley DR
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 |
|---|---|---|---|
| Jan 19, 2026 | Listed by Compass RE Texas, LLC | $285,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 19, 2025 | Listed by Douglas Elliman Real Estate | $285,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Tucked away on two private lots in Marble Falls, 5705 Shirley offers a rare opportunity with not one, but two charming tiny homes, both backing up to a sprawling 100-acre ranch with no restrictions. The first home, a cheerful blue cottage, spans about 425 sq. ft. with 1 bedroom, while the second, a vibrant red studio, is a cozy 288 sq. ft. efficiency (per tax records). Both properties have an established history as successful short-term rentals, making them ideal for continued income or as peaceful personal retreats.
The two homes share a thoughtfully designed well and septic system—the well located on the blue home’s lot and the septic on the red home’s lot. Recent improvements include a new washer and dryer, upgraded electrical system, and a brand-new mini-split AC in the red house, ensuring modern comfort. Just minutes from the scenic Turkey Bend Recreational Area, this unique property blends privacy with easy access to outdoor adventure and Hill Country beauty.
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| Jul 20, 2025 | No longer available | - | |
| No longer available | |||
| Mar 20, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017