1231 Oak Grove RD
About This Property
At the heart of the property is a well-maintained 2,400 sq ft ranch-style home featuring a covered back porch, carport, and open living areas designed for comfort and practicality. Just behind the main residence sits a 1,600 sq ft secondary building, currently configured as a professional-grade office and private gym. This structure includes commercial-grade glass and entry doors, a luxurious high-end sauna and shower, and a wrap-around covered patio-perfect for work, wellness, or entertaining.
The land is ag-exempt and livestock-ready, currently home to cows with built pens and infrastructure in place for additional animals. Whether you're looking to embrace a rural lifestyle or develop a small-scale agricultural operation, this property is ready for your vision.
An added bonus: a poured slab on site is primed for finishing-allowing for an additional dwelling, studio, or guesthouse. With a full-price offer, the seller is open to completing this extra structure, offering even more potential and value.
Conveniently located in Luling, TX, this unique property blends peaceful country living with modern amenities and development flexibility. Whether you're looking for a multi-use homestead, business headquarters, or a private retreat-1231 Oak Grove delivers.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 16, 2025 | Price Decreased |
$999,990
↓ $500K
(33.3%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by MINDSET REALTY LLC | $1,499,990 | |
| Listed by MINDSET REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017