157 Kurt Kramer RD
About This Property
Inside, the heart of the home is an open-concept living area that flows into the dining and kitchen spaces. An oversized dining table invites everyone to gather for shared meals and late-night conversations, while the chef's kitchen stands ready for entertaining with expansive counter space, a large center island, and built-in appliances. The primary suite offers a king-sized bed, clever bunk accommodations, and a bathroom featuring a soaking tub and walk-in shower. The rest of the home is equally impressive, offering 4 additional bedrooms, plus a sixth flexible bedroom and multiple oversized bathrooms with double vanities/double showers to ensure everyone has space.
For recreation, the dedicated game room serves as a central hub for entertainment, featuring a ping pong table and a large flat-screen TV. However, the true magic lies just beyond the screened-in porch. The outdoor oasis is designed for total relaxation and fun, anchored by a resort-style pool and a Japanese cedar-style hot tub. Guests can spend their afternoons lounging in the sun and their evenings gathered around the firepit, all while enjoying peaceful Hill Country sunsets and views of Rex, the iconic windmill. With its generous spaces and proximity to Fredericksburg's renowned wineries and boutiques, this property is uniquely positioned as both an exceptional private sanctuary and a high-performing short-term rental opportunity.
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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 21, 2026 | Listed by Compass RE Texas, LLC | $1,199,000 | |
| Listed by Compass RE Texas, LLC | |||
| Apr 20, 2022 | No longer available | - | |
| No longer available | |||
| Mar 9, 2022 | In contract | - | |
| In contract | |||
| Dec 16, 2021 | Listed by CENTURY 21 The Hills Realty | $1,061,500 | |
| Listed by CENTURY 21 The Hills Realty | |||
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This picture perfect home offers country living at its best. The expansive front porch will become your favorite place on earth to enjoy the mornings and evenings. The smaller acreage will accommodate any activity you want, including gardening, B&B hosting, stargazing at it's best, and lawn games. Large rooms, walk-in closets, fireplace, open living/kitchen area, and screened back porch. Children/grandchildren will love the large oak trees, perfect for climbing, forts or treehouses. Workshop with electricity, water, loft, and carport. The manager has listed the unit size as 3094 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017