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718 Post Oak DR
About This Property
The 2,196-square-foot home features 3 bedrooms and 3 full baths, including two primary suites, making it perfect for multi-generational living or hosting guests. A versatile study or bonus room adds flexibility for a home office, hobby space, or additional living area. The spacious galley-style kitchen is designed for both everyday living and entertaining, complete with granite countertops, abundant workspace, built-in storage, and an adjoining dining area.
The inviting living room is anchored by a stunning floor-to-ceiling limestone fireplace, flanked by custom built-in shelving, creating a warm and cozy atmosphere. Step outside to enjoy peaceful mornings on the covered front porch or unwind on the back patio surrounded by nature.
Additional features include an outbuilding ideal for a separate office, workshop, or extra storage, as well as an oversized two-car garage. Recent updates, such as a new metal roof, Anderson windows, and fresh interior paint, add to the home's value and appeal.
Enjoy the tranquility of rural living while being just 5 minutes from the shopping, dining, and conveniences of Dripping Springs. This unique property offers true country charm with modern comforts in a highly desirable location.
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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 |
|---|---|---|---|
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Listed by Watters International Realty | $609,990 | |
| Listed by Watters International Realty | |||
| Nov 25, 2025 | No longer available | - | |
| No longer available | |||
| Oct 11, 2025 | Price Decreased |
$650,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Sep 12, 2025 | Price Decreased |
$665,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017