232 Bluebonnet Drive
About This Property
Welcome to this beautifully updated ranch-style home nestled on a lush 1-acre lot that feels like your own private park. Located in the desirable Peaceful Meadow subdivision and zoned to highly sought-after Burleson schools, this property offers the perfect blend of country living with convenient access to city amenities. Inside, you'll find a stunningly remodeled kitchen featuring brand-new cabinets, granite countertops, modern appliances, updated sink and fixtures, and stylish lighting. Bamboo wood flooring flows throughout the home, adding warmth and elegance. Both bathrooms have been completely updated with custom tile showers, new fixtures, and contemporary finishes. Additional upgrades include all new windows, 18 inch's of insulation, a spacious 20-foot-wide driveway that runs from the street to the back of the home, and a large backyard shed for extra storage or workspace. Whether you're enjoying quiet mornings on the porch or entertaining under the stars, this property offers comfort, beauty, and space to breathe. Experience the tranquility of country life just minutes from the city-this is one you don't want to miss!
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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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Boot Team Realty | $299,000 | |
| Listed by Boot Team Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017