14275 Gholson Road
About This Property
Situated between Dallas and Austin, the property offers convenient access for I-35 business travelers and is approximately 20 minutes from downtown Waco, Baylor University, and Magnolia Market, as well as approximately 10 minutes from Homestead Heritage. Lake Waco, Lake Whitney, fishing, boating, and other outdoor recreational opportunities are also within easy reach, making this an appealing primary residence, weekend getaway, or vacation home.
The location may also be convenient for those working on development and construction projects throughout the Waco and Hillsboro areas. For buyers seeking a more turnkey opportunity, select furnishings may be purchased separately at an additional cost. Enjoy the privacy and slower pace of country living while remaining close to work, shopping, dining, recreation, and some of Central Texas' most popular destinations.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$246,900
↓ $13K
(5%) | |
| Price Decreased | |||
| Jul 20, 2026 | Relisted | $259,900 | |
| Relisted | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by Texas Premier Realty | $259,900 | |
| Listed by Texas Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017