754 Park RD
About This Property
The property includes a hunter's cabin with bunk room, small kitchen/living area, full electrical service, fiber internet up to 1 GB, and rainwater collection for water. Owner updates include exterior paint, laminate flooring in the cabin and outhouse, interior walls in the cabin, and roof on the outhouse.
Additional improvements include 4 hunting blinds, 3 wildlife feeders, 3 wildlife water tanks, fire pit, picnic area with lighting, and rough trails throughout the property.
Smith Ranch landowners enjoy access to seven private common areas along the Colorado River, offering opportunities for fishing, swimming, and relaxing along the water-known for excellent catfish and bass fishing.
No mandatory POA. Ideal for a private hunting retreat, weekend getaway, or recreational property in the Texas Hill Country.
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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 |
|---|---|---|---|
| Jul 28, 2026 | Price Decreased |
$385,000
↓ $14K
(3.5%) | |
| Price Decreased | |||
| May 10, 2026 | Price Decreased |
$399,000
↓ $21K
(5%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$420,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 30, 2026 | Price Decreased |
$430,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 14, 2026 | Listed by Shipley Ranches | $440,000 | |
| Listed by Shipley Ranches | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017