30
Map
$112,000
●
Land -
For Sale
740 Hillcrest TRL
Spring Branch, TX 78070
Studio
0 Bath
$682
Est. Monthly
$55
HOA / Fees
About This Property
Prime Hill Country lot, just minutes from Hwy 281. Nestled in
Cypress Lake Gardens POA, enjoy exclusive access to four scenic
parks: Rebecca Creek Park, Guadalupe River Park, Cypress Lake
Gardens Park, and Turkey Creek Park. This is one of the larger lots
in a quiet neighborhood with stunning views and ample privacy.
Enjoy easy access to fishing, boating, pickleball court, family
camping, 18-hole golf course, and a wealth of outdoor recreation.
Manufactured/Mobile Homes Allowed. Experience the best of both
worlds-city conveniences and the serene Hill Country lifestyle.
Unit Size
-
Days on Market
-
Land Size
0.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
$77
HOA Dues
$55
Year Built
-
Listed By
Jacob Diaz
Compass RE Texas, LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Unlock MLS #ACT7443224)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2026 | Relisted | $112,000 | |
| Relisted | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Compass RE Texas, LLC | $112,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Premier Realty Group Platinum | $59,955 | |
| Listed by Premier Realty Group Platinum | |||
| | |||
|
SELLER FINANCING AVAILABLE...Mins from Hwy 281, Cypress Lake Gardens POA has 4 beautiful parks you can enjoy. Rebecca Creek Park, Guadalupe River Park, Cypress Lake Gardens Park and Turkey Creek Park. Here is your Opportunity to Have It All...Own your own slice of Texas. This is one of the larger lots in this Quiet Hill Country neighborhood, Great Views, Close to Fishing, Boating, Family Camping and more. Manufactured/Mobile Homes Allowed. Seller Financing Available. Best of Both Worlds, quick access to the City and the Serenity of the Hill Country. ASK ABOUT 0 DOWN LENDER FOR MANUFACTURED HOME/LAND. VIDEO OF PROPERTY AVAILABLE - ASK AGENT
| |||
Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Level, Open Lot, Private, Wooded
Lot Size Area: 39060.25
Lot Size Units: Square Feet
Lot Size Acres: 0.8967
Lot Size Square Feet: 39060.25
Water Source: None
Financial Details
Tax Map Number: 6
Tax Assessed Value: $60,440
Tax Annual Amount: $923
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee: $55
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Cypress Lake Gardens
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Listed by: Jacob Diaz
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-04-24 04:20:40
Data Source: Unlock MLS, MLS# ACT7443224
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-04-24 04:20:40
Data Source: Unlock MLS, MLS# ACT7443224
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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