654 Wagon Wheel TRL
About This Property
The lot itself offers a balance of usable space and elevation, giving you flexibility in design while still capturing those "stop-you-in-your-tracks" views. Utilities are available in the area, making it easier to start planning your build.
Whitewater Springs is a gated acreage community known for its peaceful atmosphere and commitment to preserving the land. Residents enjoy access to a private park, pool, fishing lake, and scenic trails, all while being surrounded by native wildlife and protected green space. Located just a short drive from Bertram, Marble Falls, and Liberty Hill, you get the quiet of country living without feeling completely off the grid.
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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 |
|---|---|---|---|
| Jul 23, 2026 | Price Decreased |
$85,000
↓ $14K
(14.1%) | |
| Price Decreased | |||
| Apr 8, 2026 | Listed by Oppenaire, LLC | $99,000 | |
| Listed by Oppenaire, LLC | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2022 | Listed by Zina & Co. Real Estate | $105,000 | |
| Listed by Zina & Co. Real Estate | |||
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Beautiful 2.17 acres awaiting for its new owner. This fantastic interior offers beautiful panoramic / hill country views. The lost is mostly level with moderate trees. It offers multiple locations for building your custom dream home. The property is surrounded by the Balcones Canyonland Preserve, ensuring your views are protected. Septic tank is required. Electricity is already at the lot along with city water.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017