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131 Molokini DR
About This Property
Step inside to a bright, open-concept floor plan designed for everyday living and entertaining. The living area flows into the well-appointed kitchen, complete with abundant cabinetry, generous counter space, and an inviting layout that keeps everyone connected. Expansive windows fill the home with natural light, creating a warm and welcoming atmosphere throughout.
The private primary suite offers a relaxing retreat with plenty of room to unwind, while the additional bedrooms provide versatile space for family, guests, or a home office. Thoughtfully designed with modern finishes and functional living spaces, this move-in-ready home is ready to enjoy from day one.
Step outside to a spacious backyard surrounded by the beauty of East Texas pines. Whether you're hosting weekend barbecues, dining under the stars, gardening, or simply enjoying the peaceful setting, this outdoor space is the perfect extension of the home.
Ideally located just minutes from historic downtown Bastrop, you'll enjoy easy access to local shopping, dining, schools, parks, and major commuter routes. Experience the best of small-town charm, natural beauty, and everyday convenience-all in one exceptional home.
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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 |
|---|---|---|---|
| Sep 8, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$444,999
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Compass RE Texas, LLC | $449,999 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 4, 2024 | Listed by Mike Hightower Realty | $549,000 | |
| Listed by Mike Hightower Realty | |||
| | |||
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NA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017