928 Upper Elgin River 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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$712,250
↓ $17K
(2.4%) | |
| Price Decreased | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Sterling & Associates R.E. | $729,500 | |
| Listed by Sterling & Associates R.E. | |||
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Nestled on 15.271 picturesque acres with breathtaking pasture views, this charming two-story country home offers the perfect blend of peaceful rural living and modern convenience. Featuring 2,228 square feet, 3 bedrooms, and 2 bathrooms, the home welcomes you with a classic wraparound porch ideal for enjoying stunning sunrises and quiet Texas evenings. Inside, you'll find warm and inviting living spaces, a bright sunroom, water softener, water heater, and an energy-efficient solar system designed for comfortable everyday living. The property also includes massive detached garages with room for up to 2 vehicles and another space for your ATV, lawn tractor or small vehicle, workshop space, or additional storage. Conveniently located just 7 miles from Highway 290 and Downtown Elgin, 21 miles from Bastrop, 23 miles from Austin-Bergstrom International Airport, 24 miles from the Samsung facility in Taylor, 18 miles from the Tesla plant, and only 28 miles from Downtown Austin, this rare property offers the tranquility of country life without sacrificing accessibility to major employers, shopping, dining, and entertainment.
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| May 20, 2026 | Listed by Sterling & Associates R.E. | $729,500 | |
| Listed by Sterling & Associates R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017