1360 Us Highway 84 Highway W
About This Property
Inside, the home offers two primary suites, custom barn doors, custom cabinetry, and distinctive details that create warmth and personality throughout. Major recent improvements include a metal roof replaced in 2021, septic system replaced in 2023, and Trane HVAC system replaced in 2025.
A standout feature of the property is the approximately 1,560 sq ft workshop, set up for welding and machine work with air lines along the walls, space for two vehicles, two additional storage rooms, and a separate office-an exceptional setup for a craftsman, business owner, collector, or serious hobbyist. Two additional outbuildings provide even more storage and flexibility.
The acreage is well-equipped for livestock and country living with a separate 3-stall run-in, RV parking and 30 and 50 amp hookups, and three automatic feeding tanks positioned throughout the property. The pump house is equipped with a water softener, water purification system, and holding tank.
For hunters and outdoor enthusiasts, the land offers natural cover and wildlife habitat, while abundant birdlife and peaceful native surroundings make it a bird watcher's paradise. Mature trees, usable acreage, privacy, substantial improvements, and true Texas character come together in a property with remarkable versatility. Whether you're looking for a ranchette, recreational retreat, workshop property, or peaceful place to call home, this one deserves a closer look. Schedule your private showing today!
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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 |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$515,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$520,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$530,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$535,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017