955 Upper Balcones RD
About This Property
BROKER NOTE: Contiguous to this 89± acre tract is an additional unrestricted 7.3± acres available, referred to as the Upper Balcones 7.3. (Land.com Property ID 28798377)
TOPOGRAPHY, RANGELAND & HABITAT: The property features attractive Hill Country terrain with a mix of mature hardwood trees and open native grassland. Large live oaks and other native vegetation provide shade, privacy and character throughout the tract, while the property's varied terrain offers possibilities for a future homesite.
WILDLIFE: The property lies within an area of Kendall County known for a variety of native wildlife. White-tailed deer, Rio Grande, Turkey, bobcats, coyotes and numerous other native species are commonly found throughout the surrounding area. Feral hogs and occasional free-ranging exotic wildlife may also be present.
WATER: The property is situated within the Balcones Creek watershed, with natural drainage features characteristic of the surrounding Hill Country terrain.
ELECTRICITY: Electricity is available nearby on neighboring property.
MINERALS: All of Seller's owned mineral estate interest will convey.
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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%.
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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 15, 2026 | Listed by Republic Ranches, LLC | $547,500 | |
| Listed by Republic Ranches, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017