124 Donnie DR
About This Property
Discover a peaceful retreat in this thoughtfully designed home on 5 fully useable acres. Fully fenced and cross-fenced and nestled 20 minutes from Burnet, Bertram, and Lampasas, this property allows you to experience the quiet of a rural setting while being accessible to all your city needs! Step inside to an open concept kitchen and living space, boasting large windows and plenty of natural light. You'll find a farmhouse sink, walk-in pantry, and dedicated laundry room. Have a seat on the large front porch to take in the panoramic Hill Country views, and turn your goats, horses, and other livestock out to graze in two separate front pastures with one run-in livestock shelter. In the back, find a spacious porch and double carport, landscaped areas to play and lounge, and a large chicken yard and coop (flock of laying hens and ducks can convey!). Next to the chicken coop, you'll find a fenced and well-established garden plus a garden shed. With 12 raised beds and a large plot used for cut flowers, asparagus, garlic, blackberries, and peaches are already waiting for you!
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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 |
|---|---|---|---|
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by All City Real Estate Ltd. Co | $459,900 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017