20
Map
TBD Windmill Ridge DR
About This Property
unparalleled opportunity to build your dream estate amidst the beauty of the Texas Hill Country. Boasting panoramic
views that stretch as far as the eye can see, this lot provides a hilltop cul-de-sac location. With an abundance of Live
Oak trees and recently cleared of Juniper Ashe (Cedar) trees, the Oaks will thrive. Watch the mesmerizing sunsets
over the rolling hills of the Texas Hill Country. With a minimum home size of 2,000 square feet for a single story and
2,600 square feet for a two story, Old 32 Ranch allows for a modest size home to be built. Guest homes are
additionally allowed, and must be between 700 square feet and 1,500 square feet. Two horses OR cows, and up to 16
chickens are allowed on this lot. Power is located at the rear corner of the property. All roads are paved. Ask agent for
deed restrictions. If you are wanting an easily buildable lot with views AND an Agricultural Exemption, you've found it!
Old 32 Ranch is an agriculturally exempt subdivision. Taxes for this lot in 2023 were only $6.86 !!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 10, 2024 | No longer available | - | |
| No longer available | |||
| Sep 10, 2024 | Listed by NestHaven Properties | $299,000 | |
| Listed by NestHaven Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017