1224 S Fm 1174
About This Property
The expansive lot boasts a stunning, mature oak tree in the back corner, and a versatile shop with electricity and air conditioning, perfect for car enthusiasts, a workshop, or additional storage. The spacious land provides room to roam, garden, or even bring your animals!
Bertram, known for its small-town charm, is located just minutes from Burnet and under an hour to Austin. With its rolling hills, historic depot, and welcoming community, Bertram offers the perfect escape from the hustle and bustle while still being close to modern conveniences.
Whether you're looking for a serene weekend getaway, a profitable short-term rental, or a permanent homestead, this property checks all the boxes. Don't miss your chance to own a slice of the Hill Country!
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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 |
|---|---|---|---|
| Jul 3, 2025 | No longer available | - | |
| No longer available | |||
| Jun 7, 2025 | Price Decreased |
$519,999
↓ $1
(0%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Mar 6, 2025 | Relisted | $550,000 | |
| Relisted | |||
| Mar 6, 2025 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017