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1675 Watterson RD
About This Property
The primary bedroom is appointed with sophisticated crown molding, ensuring a peaceful retreat. The bathroom features a beautifully tiled walk-in shower and a double vanity, combining style with convenience for daily routines. Outdoor amenities include a charming porch, a generous deck, and a designated outdoor entertainment area, each offering inviting spaces for relaxation and enjoyment of the picturesque surroundings.
Further enhancing the property's appeal is a 25 x 50 workshop equipped with two roll-up doors, suitable for a range of projects, equipment storage, or hobbies. A wildlife exemption adds further value. Conveniently located near Bastrop, Smithville, and offering an easy commute to Austin, this property represents a practical and attractive choice for those who appreciate refined country living.
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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 |
|---|---|---|---|
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by RE/MAX Bastrop Area | $850,000 | |
| Listed by RE/MAX Bastrop Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017