960 Gipson 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%.
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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 |
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| Aug 10, 2026 | Listed by Topper Real Estate | $9,450,000 | |
| Listed by Topper Real Estate | |||
| Jan 8, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 19, 2025 | Listed by Topper Real Estate | $6,600,000 | |
| Listed by Topper Real Estate | |||
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An exceptional opportunity to own 220+/- acres of pristine Hill Country land located less than 10 minutes from Johnson City. This live water property features over 1,400 feet of Pedernales River frontage, where natural rock walls line the banks, providing both beauty and privacy.
The ranch has been thoughtfully improved with 8,000+ feet of newly constructed roads allowing easy access throughout the property, including down to the river. Nearly all cedar has been cleared, revealing a landscape of mature oaks, sweeping Hill Country views, and multiple prime building sites.
With excellent access off of Gibson Road, the property is ultra-private yet conveniently close to town. Abundant wildlife roams the land, including whitetail deer, turkey, dove, and the diverse game native to Blanco County.
Unrestricted use gives you endless possibilities—whether you envision a private ranch retreat, recreational haven, or future development opportunity.
This is truly a rare riverfront offering in one of the most sought-after areas of the Texas Hill Country.
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| Apr 25, 2025 | Listed by Topper Real Estate | $24,900,000 | |
| Listed by Topper Real Estate | |||
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851+/- Acre Pedernales River Ranch Private Hill Country Legacy Property with Exceptional Water and Views, Owner Financing Available This extraordinary 851+/- acre ranch offers one of the most private and scenic stretches of Hill Country landscape available today located just five minutes west of Johnson City and an hour from Austin. With spectacular 360-degree views, year-round water features, and over six miles of quality ranch roads, this property is a rare opportunity to own a premier piece of Texas. Property Highlights: 851 Acres of rolling Hill Country with unmatched privacy Approx. 4,000 feet of Pedernales River frontage with only one visible structure across the river; far bank believed to be under conservation easement Six separate 911 addresses offering flexibility for future use, access, or multi-family estate planning Multiple water features including a year-round spring-fed lake (1/2 acre) and a second natural spring, with potential for additional features Over 50 acres of fertile, plowable fields ideal for equestrian use or light agriculture Abundant water with seven water wells, including: Legacy Well 1: 100 ft deep | 40 GPM Well 2: 165 ft deep | 200 GPM Well 3: 305 ft deep | 22 GPM Well 4: 165 ft deep | 60 GPM Legacy Well 5: 840 ft deep | 44 GPM Well 6: 987 ft deep | 50 GPM Well 7: 1309 ft deep | 25 GPM Extensive road access: Klett Ranch Road (county road): 1 entrance Gipson Road (wholly owned private road): 4 entrances Wolf Ranch Road (private road): 1 entrance Electrical power available across the property More than 6 miles of high-quality internal ranch roads for excellent accessibility Unrestricted land use and an active agricultural exemption Existing structures include a two-story homesite and an old hunter's cabin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017