40
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1450 County Road 229
About This Property
exemption already in place, a peaceful retreat while remaining near town, and wildlife sightings from the gorgeous custom-built home,
this is the property for you! The home features two covered patios on the front and back that stretch the length of the home.
Towering ceilings and numerous large windows are showcased in the open-concept living, kitchen, and dining areas. The kitchen is
adorned with an abundance of rustic wood cabinetry featuring glass uppers, low-maintenance tile counters, and stainless steel
appliances. A breakfast bar overlooks the communal spaces for connection with loved ones while cooking. The owner's suite offers
private entry to the covered porch, with an ensuite bathroom that features a walk/roll in shower, separate vanities, and a free-standing
tub. The home features a 3-car garage with plenty of additional outdoor parking, and a Man Cave is set just across the yard from the
home. Thoughtfully built, the home was built with spray-in insulation for energy efficiency, an external generator outlet, plumbing for a
water softener, and a 50 AMP RV hookup. Located just 2 miles outside of town with seamless access to TX-195, this beautiful property
places you within quick reach of everything you need while allowing you to soak in country living!
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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 |
|---|---|---|---|
| Jul 1, 2025 | No longer available | - | |
| No longer available | |||
| May 22, 2025 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Jul 2, 2024 | Listed by Compass RE Texas, LLC | $825,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017