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11725 China Spring Road
About This Property
Rare opportunity to own almost one-acre property in one of the area's most sought-after school districts! This unique home offers the perfect combination of space, flexibility, and convenience in a growing community. The standout feature is the oversized garage slash workshop, ideal for storage, hobbies, woodworking, automotive projects, a home-based business, or housing your RV, boat, trailer, and recreational equipment. The expansive shop also offers potential for future conversion into guest quarters, a home office, fitness studio, game room, or multi-generational living space, subject to buyer verification. Outside, the full acre provides room for gardening, pets, play areas, outdoor entertaining, or future improvements while still being close to schools, shopping, dining, and everyday conveniences. Properties offering usable land, a large workshop, and top-rated schools are increasingly difficult to find. Whether you're looking for space to work, play, store your toys, or create additional living space in the future, this property delivers exceptional versatility and long-term value.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$310,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$319,500
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Weichert, Realtors - The Eastland Group | $324,900 | |
| Listed by Weichert, Realtors - The Eastland Group | |||
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by Kelly, Realtors | $249,900 | |
| Listed by Kelly, Realtors | |||
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This property is minutes away from shopping at the Central Texas Market Place or dining at numerous destinations. Also, minutes from Downtown and all it has to offer as well. This home has Three Bedrooms and One Bath. Master bedroom has large closet for clothes and accessories. Large Mud room.
Detached Garage 3 cars, Detached Carport 2 cars, Circular Drive. Parking Total: 5.
The Home sits on .88 of an acre with lots of trees for shade from the Texas summers. China Spring Road frontage. Large Garage/Workshop. Call today for a private tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017