788 Clarence Jacoby 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 |
|---|---|---|---|
| Oct 15, 2025 | Listed by Compass RE Texas, LLC | $2,975,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 28, 2025 | Listed by Compass RE Texas, LLC | $2,975,000 | |
| Listed by Compass RE Texas, LLC | |||
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Scenic Hill Country Ranch Retreat –
Nestled just 20 minutes from the heart of Fredericksburg, this picturesque Hill Country ranch offers the ideal blend of tranquility, versatility, and wide-open Texas skies. Spanning level, usable terrain, the property presents endless opportunities—whether you're looking for a peaceful weekend retreat, a working farm or ranch, or simply a place to reconnect with nature.
The property features a charming two-bedroom ranch cabin, a versatile equipment and storage shed, a private well, high game fencing, and a gated entry. With thoughtfully cleared land, it's perfectly suited for hay production, livestock grazing, or agricultural use—backed by an active AG exemption for added value. At night, unwind under a blanket of stars, free from city lights and full of possibility. Conveniently located just 90 minutes from Austin and an hour from San Antonio, this serene escape feels worlds away while remaining easily accessible from Texas’ major metropolitan areas.
Beyond the tranquility of your private ranch, Fredericksburg offers a vibrant blend of culture, cuisine, and charm. Stroll along the historic Main Street, home to over 150 locally owned boutiques, art galleries, and specialty shops, all nestled within beautifully preserved 19th-century buildings . Savor the town's culinary delights, from traditional German fare to contemporary Texas cuisine, and experience the rich flavors of the region's renowned wineries and breweries. For entertainment, enjoy live music performances, explore the National Museum of the Pacific War, or attend seasonal festivals that celebrate Fredericksburg's unique heritage . Whether you're seeking relaxation or adventure, Fredericksburg's diverse offerings provide the perfect complement to your Hill Country retreat.
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| May 10, 2022 | Listed by Compass RE Texas, LLC | $2,975,000 | |
| Listed by Compass RE Texas, LLC | |||
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Wonderful hill country ranch located just 20 minutes from downtown Fredericksburg, this generous and level terrain makes for a perfect getaway with room to relax and unwind in nature, farm, or recreation during the day while you take in the star covered skies at night. 2 bedroom ranch cabin & equipment / storage shed, well, game fencing, entry gate & cleared land making a great landscape for hay production, grazing, or farm land. AG exempt. Just 90 minutes to Austin & 60 to San Antonio.
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| Nov 22, 2021 | Listed by Compass RE Texas, LLC | $2,975,000 | |
| Listed by Compass RE Texas, LLC | |||
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Wonderful hill country ranch located just 20 minutes from downtown Fredericksburg, this generous and level terrain makes for a perfect getaway with room to relax and unwind in nature, farm, or recreation during the day while you take in the star covered skies at night. 2 bedroom ranch cabin & equipment / storage shed, well, game fencing, entry gate & cleared land making a great landscape for hay production, grazing, or farm land. AG exempt. Just 90 minutes to Austin & 60 to San Antonio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017