5902 Pace Bend Road N
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 |
|---|---|---|---|
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Oct 8, 2021 | In contract | - | |
| In contract | |||
| Apr 18, 2021 | Price Decreased |
$3,995,000
↓ $505K
(11.2%) | |
| Price Decreased | |||
| Mar 9, 2021 | Listed by Keller Williams Realty - Austin | $4,500,000 | |
| Listed by Keller Williams Realty - Austin | |||
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Truly spectacular 45-acre Waterfront Estate/ranch surrounded by pace Bend Park and Baptist encampment. Approximately 1,300 feet of Waterfront. Gently sloping to your own private beach on the main body of Lake Travis. 6+ acres above the floodplain for building and improvements, the rest of the property is usable and would be great for livestock/equestrian facility. Access to pace Bend Park 1,368 acres and 12+ miles of equestrian trails for the horse lover. Lake Travis ISD. 15 minutes to Hill Country Galleria.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017