2140 Carpenter LOOP
About This Property
The kitchen features quartz countertops, upgraded soft close cabinetry, stainless steel appliances, and a large quartz island that also serves as a breakfast bar. A three panel sliding glass door opens to the covered back porch, creating an easy connection between the indoor and outdoor living spaces.
The primary suite includes dual vanities, a soaking tub, a separate walk in shower, and a large walk in closet. One additional bedroom also serves as a private suite with an attached full bathroom, providing comfortable accommodations for family or guests.
The attached three car garage features epoxy flooring, while the fenced and landscaped front and back yards are enhanced with mature trees and established landscaping with automatic sprinkler system. The backyard includes a covered porch, open patio, and firepit, creating an inviting space for relaxing or entertaining. A large barn with concrete flooring and a covered awning provides flexible space for equipment, recreational vehicles, livestock, hobbies, or workshop needs.
Residents also enjoy a neighborhood fishing pond, and the community entrance is approximately one mile from 7 Creeks Vineyard. Combining quality craftsmanship, usable acreage, and desirable amenities, this property offers an exceptional opportunity to experience the Texas Hill Country lifestyle.
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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 16, 2026 | Price Decreased |
$855,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by eXp Realty, LLC | $870,000 | |
| Listed by eXp Realty, LLC | |||
| Jun 25, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 2, 2026 | Price Decreased |
$875,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$895,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017