12437 County Road 200
About This Property
The property is fully fenced and accessed through an electric entrance gate, with gorgeous mature hardwood trees scattered throughout the acreage, creating a peaceful park-like setting. Equestrian enthusiasts, ranchers, or anyone needing extra workspace will appreciate the large barn featuring working pens, open barn areas, and horse stalls.
Additional improvements include a 240 sq. ft. storage building complete with a covered porch, electricity, and plumbing for water, offering endless possibilities for a workshop, hobby space, or additional storage.
The property is serviced by a private well and septic system and benefits from an agricultural exemption, helping keep property taxes low. Whether you're looking for a place to remodel and make your own, start a small ranch, or simply enjoy the quiet country lifestyle, this property offers incredible value and unlimited potential. Conveniently located just minutes from Bertram with easy access to Burnet, Liberty Hill, and the surrounding Hill Country.
** There is an aditional 13 acres adjoining the property that can be aquired as well if interested in more land. Ask selling agent if you are interested in th informaton.
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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 9, 2026 | Listed by All City Real Estate Ltd. Co | $849,900 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017