3
Map
$40,000
●
Land -
Off Market
7923 Folklore CIR
Leander, TX 78645
Studio
0 Bath
$298
Est. Monthly
$17
HOA / Fees
About This Property
Classic Texas Hill Country Lot located in the highly desirable Lago
Vista ISD and the BAR K RANCHES subdivision. Nearby Hwy 1431 for an
easy commute to Austin, close to Lake Travis and shopping, dining,
entertainment. This piece of paradise is located less than a minute
from Bar-K Park, the largest gated park in the community. Lago
Vista is a tourist destination with so much to offer including
wedding venues, several golf courses, golf tournaments, fishing
tournaments, La Primavera Bike Race, Lago Fest, The Lago Vista Beer
Fest, a weekly Farmer's Market, nearby wineries, Balcones
Canyonlands for trails & nature adventures, Lago Vista Sunset Park,
amazing wildlife and so much more! No time restraints on building,
your choice of builder. New Survey Required.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$84
HOA Dues
$17
Year Built
-
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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: 5 months ago (Unlock MLS #ACT4484996)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2025 | No longer available | - | |
| No longer available | |||
| Oct 12, 2024 | Listed by Keller Williams Realty C. P. | $40,000 | |
| Listed by Keller Williams Realty C. P. | |||
| Oct 3, 2024 | No longer available | - | |
| No longer available | |||
| Jun 3, 2024 | Price Decreased |
$50,000
↓ $10K
(16.7%) | |
| Price Decreased | |||
| Apr 2, 2024 | Listed by Keller Williams Realty C. P. | $60,000 | |
| Listed by Keller Williams Realty C. P. | |||
| | |||
|
Classic Texas Hill Country Lot located in the highly desirable Lago Vista ISD and the BAR K RANCHES subdivision. Nearby Hwy 1431 for an easy commute to Austin, close to Lake Travis and shopping, dining, entertainment. This piece of paradise is located less than a minute from Bar-K Park, the largest gated park in the community. Lago Vista is a tourist destination with so much to offer including wedding venues, several golf courses, golf tournaments, fishing tournaments, La Primavera Bike Race, Lago Fest, The Lago Vista Beer Fest, a weekly Farmer's Market, nearby wineries, Balcones Canyonlands for trails & nature adventures, Lago Vista Sunset Park, amazing wildlife and so much more! No time restraints on building, your choice of builder.
| |||
Property Highlights
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
Sold On
HOA + Taxes
About Lago Vista
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sandy Maguire
Listed Office: Keller Williams Realty C. P. - Listing courtesy of Unlock MLS
Phone: (512) 616-4000
Last Updated: 2026-05-31 07:44:19
Data Source: Unlock MLS, MLS# ACT4484996
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty C. P. - Listing courtesy of Unlock MLS
Phone: (512) 616-4000
Last Updated: 2026-05-31 07:44:19
Data Source: Unlock MLS, MLS# ACT4484996
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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