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254 County Road 1745
About This Property
Previously operating as a successful short-term rental on Airbnb and Vrbo, this home is producing approximately $2,700 per month, making it an excellent income-generating asset. The layout is functional and inviting, with comfortable living spaces designed to accommodate guests and everyday living alike. Enjoy peaceful surroundings with mature trees and outdoor space ideal for relaxing after a day at the lake. The property offers easy access to nearby recreational activities including boating, fishing, and outdoor entertainment, making it highly desirable for both homeowners and short-term rental guests. Whether you're looking to expand your investment portfolio or secure a personal retreat near the water, this property offers versatility, proven income potential, and a location that continues to attract visitors year-round. Don't miss this opportunity to own a property that delivers both lifestyle and returns.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Relisted | $175,000 | |
| Relisted | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Price Decreased |
$175,000
↓ $25K
(12.5%) | |
| Price Decreased | |||
| May 2, 2026 | Listed by Texas Premier Realty | $199,900 | |
| Listed by Texas Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017