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900 Sharp Rock
About This Property
The home offers strong bones and EXCEPTIONAL REMODEL POTENTIAL, featuring vaulted ceilings, abundant natural light, and a striking stone fireplace anchoring the main living area. A built-in wet bar with wine storage adds character, while the spacious upper-level loft provides flexibility for a second living area, game room, or office.
Bedrooms are generously sized, including a primary suite with deck access and scenic views. Expansive decks, stone patios, and terraced landscaping create a private outdoor setting across all five lots with room to expand or enhance. Located near Lake LBJ, golf, dining, and resort amenities. Upon application & acceptance, join Horseshoe Bay Resort which offers 4 golf courses, spa, tennis and pickleball facilities, marina, fine dining, and more!
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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 |
|---|---|---|---|
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Busse Group Real Estate | $550,000 | |
| Listed by Busse Group Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017