40
Map
203 River Lane
About This Property
The home is a one-story brick ranch from 1976, built solid with four bedrooms and two and a half baths. At its heart, a wood-burning fireplace waits for cool evenings, flames dancing against a brick hearth that's warmed many gatherings before. The kitchen looks out toward the pasture, and the laundry room is more than just laundry - it's a work space with cabinets, counters, a sink, and room for sewing or canning or storing what needs to be put by. Out back, a pergola stretches over the patio, a shady place to sit and breathe in the wide Texas sky.
A workshop with electricity stands ready for projects, and the property includes city water, septic, and an existing well not currently in use. Trails wind through native growth toward the river, while the home site itself sits high and secure, away from flood concerns. Just minutes from town, tucked in Bosqueville ISD, it's the kind of property that gives you both connection and retreat. Out here, the pace eases, the stars shine brighter, and the river keeps rolling, same as it always has.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$1,275,000
↓ $75K
(5.6%) | |
| Price Decreased | |||
| Mar 4, 2026 | Price Decreased |
$1,350,000
↓ $150K
(10%) | |
| Price Decreased | |||
| Oct 17, 2025 | Listed by Keller Williams Realty, Waco | $1,500,000 | |
| Listed by Keller Williams Realty, Waco | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017