$264,900
●
House -
Off Market
15853 Highway 80
Edgewood, TX 75117
3 Beds
1 Bath
1,176 Ft²
$1,301
Est. Monthly
About This Property
Charming true farmhouse, pond and workshop on 1.527 acres, just
outside the city limits in the highly desired Edgewood ISD.
Offering a peaceful country setting with no known
restrictions, this historic 3 bdrm home features nearly 1200 sq.
ft., updated flooring, light fixtures and plumbing. Ship lap, black
accent hardware, glass window barn door all anchored by the cozy
wood-burning wood stove. Eat in kitchen has plenty of storage, with
a built-in buffet. Relax on the back porch overlooking the
beautiful pond, and wooded backdrop. The 16X30 detached building
offers flexible potential as studio, game room, workshop or small
business space. This property is currently used as a successful,
super sweet, highly reviewed, short-term rental-Airbnb.
Property can be sold turn-key minus a few personal items,
making for an easy move-in or instant rental set-up.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
1.53 acres
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (NTREIS #21218763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | No longer available | - | |
| No longer available | |||
| Mar 27, 2026 | Listed by RE/MAX Landmark Rose | $264,900 | |
| Listed by RE/MAX Landmark Rose | |||
| Dec 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 25, 2024 | Price Decreased |
$277,990
↓ $20K
(6.7%) | |
| Price Decreased | |||
| Jun 8, 2024 | Listed by Coldwell Banker Realty Frisco | $297,900 | |
| Listed by Coldwell Banker Realty Frisco | |||
| | |||
|
Charming property on 1.5+ acres has two spacious bedrooms & a massive bonus room that can function as an additional bedroom, living area or office. The bathroom provides the ultimate in comfort and style. The cozy living area is equipped with a wood-burning stove providing warmth & relaxing ambiance. With plenty of natural light, this space is perfect for spending time with loved ones. The kitchen is adorable & features ample cabinetry & an adjacent dining area. The property's stunning pond adds a sense of tranquility to the space while providing a beautiful view. Additionally there is an extra unfinished building on the property that includes wall unit air conditioning with a useful loft space; although plumbing needs to be added. Perfect for primary residence or Airbnb, this property presents an excellent opportunity. A storage building is on the premises for added convenience. HVAC replaced 2022! NOTE: Property is an active Airbnb. Records can be provided.
| |||
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About Van Zandt
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Listed by: Elaine Fabbri, RE/MAX Landmark Rose
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21218763
Details provided by NTREIS and may not match the public record
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21218763
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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