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7007 Killarney Drive
About This Property
A major advantage is that electricity is already on site, saving both time and expense as you prepare to build. The property has been partially cleared, providing an ideal homesite or RV location while preserving mature trees that offer shade, privacy, and natural beauty. The combination of open space and established trees creates a peaceful setting with flexibility to design the property to suit your needs.
Located just minutes from Lake Brownwood, you'll have easy access to boating, fishing, kayaking, swimming, and other outdoor recreation. Whether you're spending weekends at the lake or making this your permanent residence, you'll appreciate the relaxed lifestyle and scenic surroundings.
Despite its tranquil setting, the property is only a short drive to Brownwood, where you'll find shopping, dining, schools, medical facilities, and everyday conveniences. This location offers the perfect balance of peaceful lake living with easy access to town.
Whether you're ready to build now or invest for the future, this property provides a fantastic opportunity to own land in one of the Lake Brownwood area's most desirable communities. With utilities already started, partial clearing complete, and mature trees left in place for added character, much of the groundwork has already been done. Bring your builder, your RV, or your vision and start enjoying everything the Lake Brownwood area has to offer. Don't miss your chance to own a beautiful piece of Texas lake country with endless possibilities.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Jun 30, 2026 | Listed by United Country - Heart of Texas RE | $10,000 | |
| Listed by United Country - Heart of Texas RE | |||
| Jun 14, 2024 | Listed by Ruby Cove Real Estate, LLC | $8,999 | |
| Listed by Ruby Cove Real Estate, LLC | |||
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Great lot near the lake. This corner lot is perfect for your dream home or a little get away home. Utilities are available at street.
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| Jun 12, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017