221 County Road 4748
About This Property
Welcome to 221 County Rd. 4748, a unique and spacious property in the heart of Kempner, Texas, offering exceptional living flexibility with two full residences and a host of valuable features.
The main home boasts four generously sized bedrooms and two full bathrooms with 2472sqft, designed for comfortable family living, as well as a formal living and dining area. Enjoy the expanded living space with a beautifully enclosed back patio, perfect for year-round relaxation or entertaining guests-offering a seamless blend of indoor comfort and outdoor charm.
In addition to the primary residence, the property includes a fully equipped second home with three bedrooms and two bathrooms sitting at just around 1000sqft-ideal for multigenerational living, guest accommodations, or rental income potential. This secondary home currently has a tenant residing there on a month to month lease, and would love to stay and renew their lease if possible.
Outside, you'll find a spacious workshop, perfect for hobbies, storage, or business needs, and a additional structure that has been turned into a dedicated air-conditioned gym, giving you the convenience of a private fitness space without leaving home.
Sitting on a generous 1.5 acre lot in a peaceful rural setting, this property provides the privacy and versatility rarely found at this value. Whether you're looking for a family compound, investment opportunity, or space to spread out and enjoy country living, 221 County Rd. 4748 delivers it all.
Schedule your private showing today and explore the endless possibilities this property has to offer!
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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 |
|---|---|---|---|
| Oct 21, 2025 | Delisted | - | |
| Delisted | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by LPT Realty, LLC | $649,900 | |
| Listed by LPT Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017