35
Map
224 Pine Valley DR
About This Property
The property includes a mobile home, cabin, barn, sheds, storage buildings, well, septic, utilities, and established access, making this an ideal setup for buyers looking to live while building, create a weekend retreat, invest in recreational land, or enjoy a private homestead outside the city.
Surrounded by towering pine trees and abundant wildlife, the land features a wet weather creek, wildlife habitat valuation for low property taxes, and a peaceful natural setting that feels worlds away while still remaining within reach of Bastrop, Austin, Taylor, Tesla, and Samsung growth corridors.
With no HOA and light restrictions, buyers have flexibility and freedom rarely found this close to Austin. Whether you're looking for a future custom homesite, recreational getaway, or a place to enjoy now while planning for the future, this property offers the hard-to-find combination of privacy, infrastructure, and potential.Property Highlights:
• 13 wooded acres in Lost Pines region
• Well + septic already in place
• Mobile home, cabin, barn & storage buildings
• Wet weather creek
• Wildlife habitat valuation for low taxes
• No HOA
• Light restrictions
• Private setting with mature trees
• Ideal live-while-you-build opportunity
• Convenient access to Bastrop, Austin & Central Texas growth
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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 |
|---|---|---|---|
| Aug 14, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 3, 2026 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$435,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| May 16, 2026 | Listed by Keller Williams Realty Lone St | $445,000 | |
| Listed by Keller Williams Realty Lone St | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017