8502 E Us 290
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 |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$1,199,000
↓ $300K
(20%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by Zachary Biermann, Broker | $1,499,000 | |
| Listed by Zachary Biermann, Broker | |||
| Dec 25, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 13, 2025 | Listed by Zachary Biermann, Broker | $1,990,000 | |
| Listed by Zachary Biermann, Broker | |||
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Located along Highway 290 between Johnson City and Hye, this property presents a prime investment opportunity in the heart of the Hill Country Wine Corridor. Featuring distinctive shipping container cottages, this income-producing retreat offers a unique short-term rental experience. 11+- acres of untouched land to the north, the property boasts breathtaking views & room for future expansion, making it an excellent opportunity for both investors & hospitality entrepreneurs. Perfectly positioned in one of Texas’ most sought-after wine regions, this property offers both accessibility & seclusion. Directly on Highway 290, it benefits from high visibility & easy guest access. Within minutes of renowned wineries, breweries, & distilleries. Spanning 15.17 acres, it's designed for comfort, efficiency, & guest appeal. The cabins are thoughtfully positioned beneath mature Grandaddy Oak Trees, providing natural shade & a serene atmosphere. Complete with dedicated storage, a laundry facility, & well-maintained infrastructure, ensuring a seamless transition for new ownership. 10 completed 20-ft shipping containers & 3 fully finished 40-ft containers, with an additional 40-ft container partially completed. Each unit is fully furnished, featuring custom Murphy beds & high-quality mattresses. Property includes a 2,800-gallon concrete water storage system & an approved Public Water System (PWS) regulated by TCEQ. Each container is placed on a secure concrete pad, & two electrical meter panels provide a reliable power source. Includes a dedicated laundry & storage facility. The septic system is designed to accommodate the addition of 5-10 more units. Thoughtful landscaping, including subtle moonlighting in the trees. A centralized booking system integrates with major platforms. This fully operational short-term rental business and its accompanying real estate are now available for sale.
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| May 1, 2025 | Listed by Zachary Biermann, Broker | $2,350,000 | |
| Listed by Zachary Biermann, Broker | |||
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|
Located along Highway 290 between Johnson City and Hye, this property presents a prime investment opportunity in the heart of the Hill Country Wine Corridor. Featuring distinctive shipping container cottages, this income-producing retreat offers a unique short-term rental experience. 11+- acres of untouched land to the north, the property boasts breathtaking views & room for future expansion, making it an excellent opportunity for both investors & hospitality entrepreneurs. Perfectly positioned in one of Texas’ most sought-after wine regions, this property offers both accessibility & seclusion. Directly on Highway 290, it benefits from high visibility & easy guest access. Within minutes of renowned wineries, breweries, & distilleries. Spanning 15.17 acres, it's designed for comfort, efficiency, & guest appeal. The cabins are thoughtfully positioned beneath mature Grandaddy Oak Trees, providing natural shade & a serene atmosphere. Complete with dedicated storage, a laundry facility, & well-maintained infrastructure, ensuring a seamless transition for new ownership. 10 completed 20-ft shipping containers & 3 fully finished 40-ft containers, with an additional 40-ft container partially completed. Each unit is fully furnished, featuring custom Murphy beds & high-quality mattresses. Property includes a 2,800-gallon concrete water storage system & an approved Public Water System (PWS) regulated by TCEQ. Each container is placed on a secure concrete pad, & two electrical meter panels provide a reliable power source. Includes a dedicated laundry & storage facility. The septic system is designed to accommodate the addition of 5-10 more units. Thoughtful landscaping, including subtle moonlighting in the trees. A centralized booking system integrates with major platforms. This fully operational short-term rental business and its accompanying real estate are now available for sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017