131 Hydrangea DR
About This Property
The kitchen, dining, & living areas flow seamlessly together, creating an inviting setting for both daily life & entertaining. Kitchen features Frigidaire Professional appliances, wine refrigerator, under-cabinet lighting, generous storage, & a statement island that anchors the space. Wood-look luxury vinyl plank flooring extends through the main living areas, soaring 10- to 12-foot ceilings, wood beams, recessed lighting, 8-foot doors, & oversized windows with custom window coverings. A brick gas fireplace adds warmth to the living room, the dining area offers an elevated architectural feel with tray ceilings. A dedicated front office w/ French doors provides a private work-from-home space. The covered back patio expands the living space & includes an outdoor kitchen. Additional features include a butler's pantry, mud area off the garage, main-level laundry room with built-ins, ceiling fans, 5-inch baseboards, foam insulation at the ceilings, natural gas, and an oversized three-car garage with an epoxy-coated floor.
Kellar Farms offers a distinctive lifestyle centered around privacy, space, and connection to the Texas landscape. Residents enjoy paved nature trails throughout the private community preserve, a community pavilion, gathering areas, and dedicated spaces for enjoying the surrounding scenery and birdlife. Located in the growing Bastrop County corridor, Kellar Farms offers homeowners the opportunity to enjoy a peaceful, spacious setting while remaining connected to Smithville, Bastrop, Austin, area employers, dining, recreation, golf, fishing, and everyday conveniences. This is an opportunity to own more than a home, it is a chance to create a lasting lifestyle in a thoughtfully designed Texas community.
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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 |
|---|---|---|---|
| Sep 5, 2026 | Listed by eXp Realty, LLC | $1,140,000 | |
| Listed by eXp Realty, LLC | |||
| Jun 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 3, 2026 | Price Decreased |
$910,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Feb 21, 2026 | Listed by RE/MAX Bastrop Area | $935,000 | |
| Listed by RE/MAX Bastrop Area | |||
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Designed with a sense of quiet luxury, this home balances open living with a warm, comfortable feel. Spacious yet inviting living, kitchen, and dining areas function seamlessly together, creating an easy flow for everyday living and entertaining. The open-concept kitchen is well equipped with Frigidaire Professional appliances, built-in oven and microwave, wine refrigerator, under-cabinet lighting, and island. Wood-look vinyl plank flooring flows through the main living areas, complemented by wood-beamed ceilings, recessed lighting, and large display windows with custom shades. A brick gas fireplace with mantle adds warmth and character to the living area, while the dining space features a tray ceiling. The back patio extends the living space outdoors, with a planned summer kitchen. Additional highlights include a butler’s pantry, mud area off the garage, laundry room with built-ins, and a 3 car garage with an epoxy-coated floor. Thoughtful finishes and generous storage throughout.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017