Lot 58 Eagle RDG
About This Property
A scenic drive into the community leads to a peaceful Hill Country setting surrounded by natural beauty. The spacious acreage offers plenty of room to design a custom home while preserving the property's established trees and character.
Enjoy the privacy and added security of a gated community while still having convenient access to Burnet and surrounding Hill Country destinations. With its generous acreage, mature trees, and attractive terrain, this property provides an excellent opportunity to create a home tailored to your vision.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Watters International Realty | $59,999 | |
| Listed by Watters International Realty | |||
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 31, 2026 | Price Decreased |
$69,900
↓ $3K
(3.6%) | |
| Price Decreased | |||
| May 6, 2025 | Listed by eXp Realty, LLC | $72,500 | |
| Listed by eXp Realty, LLC | |||
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Welcome to an oasis nestled within the serene confines of a prestigious gated community. This exceptional 2-acre unimproved lot features mature oak trees and a beautiful drive in! With a gently sloping landscape, it presents an inviting canvas for your dream home, featuring a level spot for seamless construction. Embrace the serenity behind a private community gate and create the life you've always envisioned here!
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| Aug 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017