24
Map
21424 Martin LN
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 2, 2026 | No longer available | - | |
| No longer available | |||
| May 7, 2025 | Listed by SpecTower Realty Group | $1,100,000 | |
| Listed by SpecTower Realty Group | |||
| Nov 23, 2024 | Listed | $2,300,000 | |
| Listed | |||
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This expansive property in the UNRESTRICTED ETJ offers two homes and substantial outbuildings, providing incredible potential in a rapidly growing area known for its flexibility and storage space opportunities. Located within both Williamson and Travis counties, it offers added development flexibility for a variety of uses—ideal for residential, commercial, or storage purposes. The front house (approximately 3,164 sq ft per the seller; tax records show 4,002 sq ft) includes 4 bedrooms, 3.5 baths, a large game room, and a 2-car garage. A 30x50 shop with concrete floors is perfect for use as a workshop, storage, or business. Modern conveniences include Manville water, septic, fiber optic internet, and 200-amp Oncor electric service. The back house (measuring 1,848 sq ft per the seller; 1,347 sq ft per tax records) features 2 bedrooms, 2 baths, an open floor plan, and an enclosed garage prewired for a generator. A 36x60 shop with its own 200-amp electrical meter provides additional space for work or storage. With the ability to serve both residential and commercial needs, this property offers endless possibilities. Whether you're looking to build, store, or grow your business in a high-demand area, this property provides the space and flexibility to meet your future needs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017