2421 Usener Rd
About This Property
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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 |
|---|---|---|---|
| Jul 30, 2026 | Price Decreased |
$1,500,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by Uriah Real Estate Organization | $1,600,000 | |
| Listed by Uriah Real Estate Organization | |||
| Mar 26, 2026 | Listed by Uriah Real Estate Organization | $1,600,000 | |
| Listed by Uriah Real Estate Organization | |||
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Located just 9 miles west of Fredericksburg in the heart of the Texas Hill Country, this 19 AG-exempt property offers over 13,000 sq ft of versatile improvements in a highly sought-after location near the renowned 290 Wine Trail. With convenient access to U.S. Highway 290, the property is well-positioned for a wide range of commercial, agricultural, or lifestyle uses. The existing improvements include a spacious commercial-grade structure featuring a commercial kitchen with wood-fired pizza oven, executive office areas, expansive storage, and open gathering spaces. Formerly home to a boutique winery, the layout is highly adaptable and can be easily repurposed to accommodate a variety of operational or residential needs. Whether you envision equestrian facilities with stalls, a functional commercial building for storage or operations, or even a unique residential conversion, this property is well-positioned to bring your vision to life. The surrounding acreage provides ample room for expansion, outdoor use, or agricultural pursuits, all set against the serene backdrop of the Hill Country. With its combination of usable space, scenic setting, and flexible potential, this property presents a truly one-of-a-kind investment or lifestyle opportunity in one of Central Texas' most sought-after areas.
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| Jun 2, 2025 | No longer available | - | |
| No longer available | |||
| Dec 9, 2024 | Listed by Fore Premier Properties | $2,200,000 | |
| Listed by Fore Premier Properties | |||
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33.51 AG EXEMPT ACRES! Welcome to the historic site of "The Spirit of the Old West," an esteemed vintage winery just 9 miles west of Fredericksburg. Known for its award-winning wines, longhorns, quarter horses, miniature donkeys, and breathtaking Hill Country views, Chisholm Trail Winery has been a cherished part of the Texas Hill Country for over 23 years. With its distinctive saloon-style decor and over 13,000 sq ft of adaptable space, this property presents an extraordinary chance to either continue its legacy or embark on new ventures. Envision this exceptional estate as a wedding venue, family retreat, equestrian center, subdivision, glamping site, or any other innovative project. The property includes executive offices, expansive storage areas, a controlled wine room, kitchen with a wood-fired pizza oven, generous bar area, and ample space for large gatherings. The interior also features a substantial wine production area complete with water and floor drains. Plenty of parking space, an 1,872 +/- sq ft old barn & open acreage for your new endeavors. Embrace the tranquil Hill Country setting and rich 23-year history as you shape your vision. This land can be divided. (Tract 1 and 2/ 20 acres to be surveyed out of 33.51 acres with winery and barns - 1,800,000.00) (Tract 3 - 13.51 acres to be surveyed out of 33.51 acres - 405,300.00)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017