1037 County Road 2004
About This Property
The 1,326 sq ft home has been extensively remodeled, with major updates completed in 2021 including flooring, paint, kitchen, bathrooms, HVAC, appliances and a tankless water heater. A new metal roof was installed in 2024. Inside, enjoy an open layout filled with natural light, luxury vinyl plank flooring, decorative lighting, and a spacious kitchen featuring granite countertops, stainless steel appliances and ample cabinet storage.
The primary suite provides a comfortable retreat with a large bedroom and spa-style bathroom. Additional highlights include central electric heating and cooling, ceiling fans throughout and a functional single-story design.
Step outside to a 20' x 24' front porch deck that captures stunning North Texas hilltop views, including rolling hills and unforgettable sunsets. The acreage is ideal for animals, gardening or future improvements, with no known restrictions. A private 450-foot deep well supplies clean water to the home and outdoor faucets, with county water available nearby if desired. The property also includes a covered carport with added storage space, along with convenient RV hookups located beside the driveway on the east side of the home.
Conveniently located near the Paluxy River, Dinosaur Valley State Park and Fossil Rim Wildlife Center, this Glen Rose property delivers a rare opportunity to enjoy Texas Hill Country views, wildlife and small-town charm while remaining within easy driving distance of Granbury, Stephenville and the DFW metroplex.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017