18791 County Road 498
About This Property
perfect for modern living. Located just outside the city limits, enjoy the tranquility of country living while still being within mere
minutes of Lindale, TX Schools and all the amenities of nearby towns. This spacious 1771 sq ft home sits on a 0.908 acre lot
and features elegant touches such as crown molding, custom cabinets, a wood-burning fireplace, and stainless steel
appliances. The exquisite kitchen and bathrooms add to the home's appeal. Backed by woods and a small creek, the property
offers a peaceful retreat. Recent updates, including an expanded back patio and lighted entry columns, enhance the home's
curb appeal. Enjoy the freedom of country living with no restrictions and no HOA limitations. Schedule your showing today!
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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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by Keller Williams Realty Tyler | $395,000 | |
| Listed by Keller Williams Realty Tyler | |||
| Sep 26, 2023 | No longer available | - | |
| No longer available | |||
| Sep 1, 2023 | Price Decreased |
$370,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017