718 Windmill Ridge
About This Property
Listed By
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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 |
|---|---|---|---|
| Jun 6, 2026 | Listed by Guillory Real Estate Group | $339,900 | |
| Listed by Guillory Real Estate Group | |||
| May 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 30, 2026 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Dec 23, 2025 | Listed by Real Broker, LLC | $339,900 | |
| Listed by Real Broker, LLC | |||
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AG EXEMPT | NO CITY TAXES | TEXAS HILL COUNTRY ACREAGE Welcome to Lot 43 in Old 32 Ranch, a gated Hill Country community where wide-open spaces, grazing longhorns, and stunning sunsets define the landscape. Surrounded by natural beauty and Texas history, including historic stagecoach routes that once crossed this portion of the Hill Country. Well-suited for buyers looking to build with intention and room to breathe. This gently rolling acreage offers privacy, mature trees, and multiple potential building sites. Enjoy the freedom to build with the builder of your choice, with no timeframe, in a community with reasonable restrictions. The entire subdivision is AG exempt (lot owners must apply annually), providing valuable tax benefits. Ideally located in the heart of the Texas Hill Country with convenient access to Blanco, Wimberley, New Braunfels, San Marcos, Gruene, and Canyon Lake. Approximately one hour to both San Antonio and Austin. Owner financing options.
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| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017