19901 S Highway 281
About This Property
This beautifully designed 3-bedroom, 2-bath home blends refined western character with modern finishes, creating a space that feels both elevated and comfortable. The open-concept layout is ideal for entertaining or everyday living, with stylish upgrades and thoughtful details throughout.
Step outside and the property transforms into a true Texas estate with mature oak tree which provide great shade. A sparkling pool and expansive patio create the perfect setting for hosting, relaxing, or simply taking in wide-open views. With 21 acres of usable land, you have room for horses, cattle, additional structures, recreation, or long-term investment potential. This is space you can actually use - not just look at.
The oversized shop adds tremendous versatility and includes a brand-new mother-in-law suite complete with a full kitchen. Perfect for extended family, guests, a home office, rental income, or multi-generational living. It gives you flexibility most properties simply don't offer.
Conveniently located just off Highway 281, you get easy access without sacrificing privacy. Turnkey, meticulously maintained, and designed for both lifestyle and functionality - this property delivers true country living with modern comfort.
If you've been waiting for acreage with real presence and real options, this is it. Schedule your private showing and come walk the land yourself.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Relisted | $1,210,000 | |
| Relisted | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by eXp Realty, LLC | $1,210,000 | |
| Listed by eXp Realty, LLC | |||
| Jan 16, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017