104 County Road 213
About This Property
A storm shelter was added in 2004, and the property includes exceptional garage and shop space: a detached 3-car garage with an integrated workshop, plus a 1.5-car attached garage for everyday convenience.
The septic system is only eight years old, and the property features a storage tank supporting the 525-foot-deep well, which draws from the reliable Trinity Aquifer. The home is topped with a well-maintained metal roof, and inside you'll find an electric fireplace with an insert for cozy evenings.
Built in 1977, this 3-bed, 2-bath home offers solid construction, thoughtful updates, and the peaceful setting buyers love in the Hill Country.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Price Decreased |
$2,407,000
↓ $288K
(10.7%) | |
| Price Decreased | |||
| Jan 29, 2026 | Listed by Hoyt Real Estate | $2,695,000 | |
| Listed by Hoyt Real Estate | |||
| Aug 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 22, 2023 | Listed by Joe David Yates & Assoc. | $1,189,760 | |
| Listed by Joe David Yates & Assoc. | |||
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Blank canvas, ready for you to make it your own. Residential, investment or commercial. 38 +/- acres with no restrictions. Only minutes from Hwy. 183. Easy access off CR 243. Just a short drive to Austin or Georgetown. There is a pond on the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017