956 LOST ACRES LOOP
About This Property
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | Listed by Topper Real Estate | $799,000 | |
| Listed by Topper Real Estate | |||
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Welcome to Pat's Sunday Haus on the River. This unrestricted property is located on almost 9 acres just minutes outside Blanco historic Main Street and boasts of 500ft of the Blanco River. Built to resemble the charming architecture of the Sunday Houses of the 19th century this darling home has a historical charm yet modern comforts. True to style this authentic 1 1/2 story home has the defining characteristics including an inside stairway, one large downstairs living area that opens to a large kitchen, 2 upstairs bedrooms. Soak in the peace and tranquility of the country on the front porch or enjoy watching wildlife from the back outdoor patio and deck. Enjoy the walking trails cut into the property, spring-fed creek, fire-pit river overlook, wildlife & bird-watching, children's playscape, games pavilion or take a dip in the River. Ag Exemption in place.
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| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 9, 2024 | Listed by Dan Dan the Real Estate Man | $849,000 | |
| Listed by Dan Dan the Real Estate Man | |||
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Offered for sale is this charming gentleman’s ranch situated on just under 9 magical acres of the Texas Hill Country, on 500 feet of the beautiful Blanco River.
Whether you are looking for a starter ranch, a little place close to town for weekend escapes, or your new homestead, the Lost Acres Ranch should rank highly among your choices. This private nature preserve has been cleared of most invasive plant & animal species, and provides a safe home for all that remain, including 6 thriving beehives. The 2-story cabin comes fully furnished with a spacious living area and full kitchen. All furniture and furnishings will convey, with few exceptions. What you see is what you get! Enjoy the walking trails cut into the property, spring-fed creek, fire-pit river overlook, wildlife & bird-watching, children's playscape, and games pavilion. 5 minutes away is the town of Blanco, with numerous restaurants, shopping and Blanco State Park!
If your goal is capital appreciation and cash flow, you are limited only by your imagination. We have a long & successful record as an Airbnb Superhost (records available), and plenty of room to add cabins, tiny homes, or RV spots as you like with no restrictions! If you want to expand the bee farm, the superabundance of flowering plants and proximity of the Blanco River allow for unlimited hive addition. No matter your purpose, the special Agricultural Property Tax Valuation should make the Lost Acres Ranch a much more affordable option as compared to other similar properties. Water: Well-fed, has been strong throughout the drought.
Electric: PEC
Gas: None
Internet: Starlink
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017