23
Map
927 Cutter Circle
About This Property
A stunning canopy of mature oak trees, solid rock outcroppings, native grasses, and gently rolling terrain create a picturesque setting full of Texas Hill Country charm. Existing rock terraces and natural landscape features add character and provide multiple locations to relax and enjoy the peaceful surroundings. The property includes an existing outbuilding that offers excellent storage for outdoor gear, ATVs, or lake toys, and serves as a great base camp while you bring your RV for weekend escapes. With utilities nearby, including water and electricity available, the possibilities are endless. Create your own private retreat, build your dream home, or take advantage of the growing popularity of glamping by creating a unique vacation destination.
Located just minutes from Lake Brownwood, you'll enjoy convenient access to boating, fishing, swimming, and all the recreational opportunities the lake has to offer. Harbor Point property owners also have access to the community pool and park, providing fun for the entire family.
As an added opportunity, the sellers also have a 3-bedroom, 2-bath home in Brownwood currently listed for sale and are willing to consider a package purchase. Imagine owning your primary residence in town while having a private lake-area retreat just a short drive away-the best of both worlds.
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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 |
|---|---|---|---|
| Jul 4, 2026 | Listed by Homestead Real Estate | $82,500 | |
| Listed by Homestead Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017