9939 County Road 404
About This Property
Listed By
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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 |
|---|---|---|---|
| Jan 3, 2026 | Relisted | $5,371,200 | |
| Relisted | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 1, 2025 | Listed by Christies Intl Real Estate Lone Star | $5,371,200 | |
| Listed by Christies Intl Real Estate Lone Star | |||
| May 16, 2023 | No longer available | - | |
| No longer available | |||
| Apr 16, 2023 | Listed by Compass RE Texas, LLC | $6,341,000 | |
| Listed by Compass RE Texas, LLC | |||
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This is a must-see Premier Ranch or Luxury Development that spans from 74.6 to potentially 452.97 acres in a desirable corridor with exciting surrounding early-phase developments. Together, these properties offer Hill Country/Lake views, seasonal creeks, a natural grotto, ag-exempt, unrestricted, CR 404 & Gregg Dr frontage, and a private access gate to the 276+/- acre Grelle Recreation Area with trails to Lake Travis. Potential water/sewer services are also available (details available upon request). If you're interested in more than the 74.6 listed, introductions can be made to appropriate representatives of the adjacent properties. Text Agent to schedule a UTV property tour! *Buyer to independently verify all information including but not limited to taxes, restrictions, schools, square footage, lot size, etc.* The manager has listed the unit size as 844 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017