39
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1865 Austin Hines Drive
About This Property
A little land, a lot of shade, and a home that knows how to make good use of both. Set on just over an acre in Hills of Childress Creek, this 4-bedroom, 3-bath home brings together 2,779 square feet of single-story living, mature trees, a circular drive, 3-car garage, and the kind of backyard that might have you canceling your weekend plans.
Step inside to warm wood floors, crown molding, and a spacious living room centered around a floor-to-ceiling stone fireplace. A wall of windows keeps the backyard in view, while the open connection to the kitchen makes everyday life and entertaining feel easy. There you'll find granite counters, abundant wood cabinetry, an island, breakfast bar, and plenty of workspace. A separate dining area adds another welcoming place to gather.
The primary suite is generously sized with dual vanities, a jetted tub, separate shower, and large walk-in closet. Three additional bedrooms provide flexibility, but the real wildcard is the oversized bonus room with a nearby full bath. Game room, media room, music room, guest retreat, home gym, or hobby space, there's room here for life to change without outgrowing the house.
Then head outside. A covered patio overlooks the stone waterfall pool and spa, while mature trees wrap the backyard in a natural sense of privacy. Beyond the pool, there's still plenty of yard to enjoy, giving you that hard-to-find combination of shade, space, and a backyard built for long Texas afternoons.
Built in 2009, this is a home with space where it counts, character you can see, and an outdoor setting that's hard to recreate. Come for the pool. Stay for everything else.
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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 |
|---|---|---|---|
| Oct 27, 2026 | In contract | - | |
| In contract | |||
| Oct 9, 2026 | Price Decreased |
$599,900
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by Keller Williams Realty, Waco | $629,900 | |
| Listed by Keller Williams Realty, Waco | |||
| Aug 22, 2026 | No longer available | - | |
| No longer available | |||
| Jun 29, 2026 | Price Decreased |
$649,000
↓ $16K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017