571 Sue Peaks LOOP
About This Property
the living, kitchen, dining, and bathroom areas. The impressive kitchen features an upgraded appliance package, gas
cooktop, hood vent, contemporary light wood cabinetry, a large center island, and an expansive pantry. The spacious
primary bedroom is privately situated on the first floor, with a well-appointed ensuite bathroom offering a separate tub and
shower, quartz countertops, and a large walk-in closet. Upstairs, you'll find a massive Texas basement, perfect for an
informal living space, media room, or play area. Enjoy a huge backyard complete with a stone retaining wall and wrought
iron fencing, backing to a greenbelt buffer for added privacy. The rare three-car garage and oversized driveway provide
ample parking and storage options. Built by Meritage Homes, this property includes spray foam insulation for superior
energy efficiency. Located in the highly sought-after Dripping Springs ISD with a very low tax rate and close proximity to
downtown Dripping Springs shopping, dining, and entertainment. For more info, go to: https://wkf.ms/3Y6zOHT
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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 |
|---|---|---|---|
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Price Decreased |
$609,990
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Dec 18, 2025 | Listed by Compass RE Texas, LLC | $620,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 8, 2025 | Price Decreased |
$620,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017