229 Treadwell LN
About This Property
The open floor plan flows effortlessly into the kitchen, that is equipped with gas appliances, a water descaler system, and plenty of space to gather. The painted garage adds a polished touch, and the low-maintenance yard means more time enjoying Kyle and less time on upkeep.
Step outside and you're part of a true neighborhood, with sidewalks, streetlights, and a community pool just steps away, all managed by Goodwin & Company HOA for just $115/month. The 2-car garage faces SE with two additional parking spaces for guests.
Major systems are in great shape: 2-year-old HVAC (gas), 2-year-old water heater, and a 2-year-old roof for added peace of mind.
Location is everything here. You're 6 minutes to downtown Kyle, surrounded by charming, family-owned restaurants with that small-town Texas feel, and just 10 minutes to HEB, gyms, and everyday essentials. The neighborhood sits next to a preschool, making it an ideal fit for young families putting down roots.
Investors take note - the sellers are open to a leaseback arrangement, offering immediate rental income from day one with trusted, motivated tenants already in place in buyers desire.
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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 |
|---|---|---|---|
| May 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 10, 2026 | Price Decreased |
$399,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by Christie's Int'l Real Estate | $424,000 | |
| Listed by Christie's Int'l Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017