1200 Blue Cut Road N
About This Property
Inside, the kitchen is both functional and inviting, featuring generous cabinetry, a stainless steel farmhouse apron-front sink, and a dedicated coffee bar. A refrigerator, washer, and dryer convey, making the home move-in ready. Natural light fills the living space through a large sliding glass door that frames wide backyard views and creates a seamless transition to the outdoors. A covered deck extends the living area, offering a peaceful place to relax, entertain, or enjoy the quiet of the surrounding landscape.
The acreage is the true centerpiece of the property. The land includes five horse runs with lean-tos, each with electricity, providing added convenience for care and maintenance. Seasonal water features including two ponds, a stock tank, and a creek enhance both the usability and natural character of the property. A feed storage shed and a shipping container provide practical on-site storage for tools, tack, and equipment, while an electric entry gate adds both security and a welcoming entrance.
Ideally located to offer the best of rural living with everyday convenience, the property is just a short drive to McGregor, Moody, and Waco for shopping, dining, and essential services. Outdoor enthusiasts will appreciate the proximity to Mother Neff State Park and White Flint Park, offering opportunities for hiking, fishing, and enjoying the natural beauty of Central Texas.
With its combination of usable acreage, equestrian setup, and comfortable living space, this property presents a strong opportunity to create a personalized country retreat while building long-term value. Schedule your private showing today.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by Axio Real Estate LLC | $325,000 | |
| Listed by Axio Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017