201 Raincloud
About This Property
This 4-bedroom, 2-bath bungalow offers 1,752 square feet filled with character. Vaulted wood ceilings steal the show in the main living area, creating an inviting, lodge-like feel anchored by a striking stone fireplace with freestanding stove. Natural light pours in, highlighting the warmth of the wood tones and framing views of the surrounding acreage. The kitchen features quartz countertops, updated cabinetry, and an easy flow into the dining and living spaces - ideal for both everyday living and weekend gatherings. Both bathrooms have been tastefully updated with modern finishes, offering a fresh, move-in-ready feel while maintaining the home's Hill Country charm. Can be sold furnished.
Outside, the property truly shines. Gently rolling terrain and trails that take you down three terraces to a mature oak meadow and rock grotto at the end of the property, creating privacy, dimension and usability across all four acres. The outdoor fire place makes for unforgettable space to be together, while the hot tub and private basketball court add rare recreational amenities to keep you and guests entertained.
Charming, usable shaded acreage with character and lifestyle appeal - this Hill Country cottage is the perfect blend of comfort, recreation, and natural beauty.
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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 |
|---|---|---|---|
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$675,000
↓ $100K
(12.9%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by Compass RE Texas, LLC | $775,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 7, 2023 | No longer available | - | |
| No longer available | |||
| Dec 20, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017