2270 Mitchell Road
About This Property
Inside, you'll find three bedrooms, two full bathrooms, spacious walk-in closets, and a conveniently located utility area off the hallway. The open floor plan creates a warm and inviting atmosphere, ideal for both everyday living and entertaining.
A gravel circle drive leads to the home and an impressive 1,500 square foot garage shop featuring concrete floors and electricity, perfect for hobbies, storage, equipment, or a home business. Attached to the rear of the shop is a chicken coop, while a nearby gazebo provides the perfect spot to relax and enjoy the surrounding countryside. An additional equipment shed located at the back of the property offers even more storage and functionality.
Whether you're looking for a small homestead, room for projects, or simply a peaceful retreat with convenient access to town, this unique property delivers the best of rural living just minutes from Krum and Denton.
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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%.
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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.
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 17, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Increased |
$579,000
↑ $5K
(0.9%) | |
| Price Increased | |||
| Jun 18, 2026 | Listed by Keller Williams Realty | $574,000 | |
| Listed by Keller Williams Realty | |||
| Sep 8, 2019 | No longer available | - | |
| No longer available | |||
| May 14, 2019 | Listed | $349,900 | |
| Listed | |||
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Gorgeous log cabin built in 2018 with circle driveway and wrap around porch on +- 2.45 acres perfect for horses in sought after Krum ISD. Property features a 2 stall barn, equipment barn, 3 bedrooms PLUS a study, vaulted ceilings with wood beams, interior pine, red oak wood floors, beautiful hickory cabinets, granite countertops, and stainless appliances. Other features include a huge master suite with a large shower with dual shower heads, double sinks, and huge walk-in closet, a tankless water heater, spray foam insulation for low utility bills, and a walk-in tub in the secondary bathroom. Property to be subdivided but can be purchased with larger acreage. See MLS 14086356 and 14086387. HURRY! The manager has listed the unit size as 1736 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017