171 Chestnut Road
About This Property
With nearly 19 acres surrounding you, there is room to work from home, enjoy outdoor recreation, keep chickens in the existing coops, garden, or simply take in the quiet and remarkable sunsets. A hot tub provides a place to unwind at the end of the day, while a dedicated storm room adds another practical feature rarely found in a typical country property.
For those drawn to aviation and adventure, Skydive Spaceland Dallas is just a short drive away, offering unusual proximity for skydivers, recreational pilots, and aviation enthusiasts. Whether your weekends are spent in the air, exploring the acreage, or simply enjoying nearly 19 acres beneath an open Texas sky, this is a setting built around freedom.
This is not simply a house with acreage. It is an opportunity to create a lifestyle that is increasingly difficult to find: space to work, space to play, space to explore, and nearly 18.9 acres to make entirely your own.
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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 27, 2026 | Listed by Compass RE Texas, LLC. | $815,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 1, 2026 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Mar 16, 2026 | Listed by Keller Williams Realty DPR | $875,000 | |
| Listed by Keller Williams Realty DPR | |||
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Experience the charm of country living on 18.987 acres with wide open space, mature trees, and room for all your outdoor activities. A welcoming covered front porch with swing sets the tone for relaxed living, while inside, the family room features extensive wood floors and a corner stone fireplace, perfect for cozy gatherings. The chef’s kitchen is equipped with granite countertops, stainless steel appliances, and an electric range, ideal for everyday meals or entertaining. The primary suite offers a spa-like ensuite with dual sinks and an enormous walk-in shower, while three spacious secondary bedrooms share a full bathroom, providing comfortable space for family or guests. A versatile flex room makes the perfect home office, sunroom, or hobby space, and the large laundry room includes a sink, abundant storage, and room for a freezer. Outdoors, the property is partially fenced, offering plenty of room for livestock, pets, or recreational use, and features amenities like a pond, ATV trails, and wildlife viewing. Additional conveniences include covered RV parking with electrical hookup. This property combines the privacy and tranquility of nearly 19 acres with easy access to city amenities, creating the ultimate country lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017