13234 County Road 348
About This Property
The 3 bed and 2 bath home features 1800 sq ft of open floor plan with beautiful wood-look flooring, neutral tones, dark wood trim, and an abundance of natural light. The large kitchen offers generous cabinetry and counter space, a center island, and warm rustic details that give the home a comfortable feel. The living area provides plenty of room for gathering, entertaining, or simply enjoying a little extra breathing room.
The primary suite features a generously sized bedroom and private bath with a separate shower and soaking tub. Large windows throughout the home bring in natural light and views of the surrounding property.
Outside, approximately 5+ acres provide plenty of room to enjoy the quiet, the open space, and the freedom of country living. Sellers are willing to provide a survey and negotiate with buyer on the lot size. The property is currently supplied by a private water well and is not connected to city water; however, city water is available should a future owner wish to connect.
Acreage is approximate. The property has not yet been officially surveyed; a survey will be completed prior to closing.
If you've been looking to trade city living for wide-open Texas country living while still being close to Abilene, this property is ready to welcome you home.
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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 16, 2026 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Sep 2, 2026 | Relisted | $295,000 | |
| Relisted | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Gill Properties | $295,000 | |
| Listed by Gill Properties | |||
| Dec 6, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017