40
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230 Hali Brooke Drive
About This Property
Designed with both comfort and functionality in mind, this spacious home features 4 bedrooms, 4 full bathrooms, a dedicated office, and a versatile flex space that could serve as a formal dining room, playroom, or second living area.
Step inside to find a bright, welcoming living room filled with natural light and centered around a cozy gas fireplace. The open layout flows seamlessly into the kitchen, where you'll find custom cabinetry, double ovens, ample counter space, and plenty of room to gather. The adjoining dining area creates an ideal space for everyday living and entertaining.
The primary suite is a true retreat, offering generous space, a soaking tub, walk-in shower, and separate his-and-her closets. The secondary bedrooms are well-sized, with two connected by a convenient Jack-and-Jill bathroom.
Outside, you'll discover one of the property's most impressive features-a backyard designed for enjoying the Texas lifestyle. Relax under the covered patio, cool off in the pool, and take in the peaceful views of your fully fenced acreage. With plenty of room for kids, pets, and outdoor activities, the possibilities are endless.
The attached three-car garage provides the 4th full bathroom, ample parking and storage, while the additional detached garage offers the perfect space for a workshop, hobby area, or extra storage.
Surrounded by mature trees, abundant wildlife, and the natural beauty The Hills are known for, this property offers the space, privacy, and lifestyle you've been looking for-all just minutes from schools and 20 minutes to downtown Waco. Enjoy quiet mornings, beautiful sunsets, and the chance to experience country living without sacrificing convenience.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Relisted | $729,000 | |
| Relisted | |||
| Aug 12, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 1, 2026 | Listed by Texas Luxury and Land | $759,000 | |
| Listed by Texas Luxury and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017