751 Prochnow RD
About This Property
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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| Jun 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 27, 2026 | Price Decreased |
$7,999,000
↓ $751K
(8.6%) | |
| Price Decreased | |||
| Feb 12, 2026 | Listed by Compass RE Texas, LLC | $8,750,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 2, 2025 | Listed by Compass RE Texas, LLC | $9,925,000 | |
| Listed by Compass RE Texas, LLC | |||
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Gentleman’s ranch, heritage property, Hill Country entertaining oasis–the Ranch at Cross Hollow Creek overflows with potential. At 150 prime acres, this property offers a rare, turnkey opportunity to grow your portfolio and spread your wings in booming Dripping Springs. The furnished stone farmhouse is 3,000+ sf and ready for friends and family, with 3 beds, 3 baths, and dual living and dining rooms. Embrace the outdoor lifestyle with a stunning pavilion overlooking the property, an anchor for the hunting amenities. Alfresco socializing and relaxing are in order–the property offers a hammock stand for twelve, a tetherball system, and a pickleball court. Sustainability is also part of the ranch's story; the acreage is dotted with oak trees and two year-round spring-fed creeks, with a well, chicken coop, wild game, rainwater collection, and generators. Outbuildings include a guest casita with a fenced yard and carport, a fully outfitted 6-stall horse barn with a full living quarters apartment and an amazing covered patio overlooking the pastures and a greenhouse—the latter two shine as unique backdrops for dinner parties, family get-togethers, wellness retreats, or a showpiece car collection. Minutes from the heart of Dripping off 290, the ranch provides proximity to Wimberley, Driftwood, Hamilton Pool, and Pedernales
Falls State Park, less than an hour from Austin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017