194 County Road 214
About This Property
Property is thoughtfully managed to encourage strong native habitat and impressive biodiversity. The terrain offers gently rolling elevation changes with mesa style vantage points that showcase long range views typical of this region. Seasonal pondscollects rainwater and enhance the natural landscape.
The custom loft style three bedroom, two bath home was designed with both comfort and efficiency in mind. Features include an open concept kitchen and living area, wood burning fireplace, and an oversized balcony overlooking the ranch and gorgeous sunsets. Energy efficient upgrades include spray foam insulation, grid tied solar system, Tesla Powerwall home battery, and on demand hot water heater.
Additional improvements include a 2600 sq ft partially insulated metal shop with three overhead garage doors, covered porch, and finished sleeping quarters complete with kitchenette and full bath.
Furnishing included, offering a true turnkey opportunity for the buyer seeking a ready to enjoy ranch retreat, hunters paradise, or country living in the heart of Central Texas.
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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 |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2026 | Price Decreased |
$780,000
↓ $45K
(5.5%) | |
| Price Decreased | |||
| Apr 23, 2026 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Feb 28, 2026 | Listed by Cross H Realty | $850,000 | |
| Listed by Cross H Realty | |||
| May 30, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017