254 Guadalupe Drive
About This Property
The community features completed asphalt roads, approved plats, and electricity available at the road, making this tract ready for your vision. Buyers have the flexibility to install a private water well and septic system.
Twin Caverns Ranch is designed for both relaxation and recreation, with planned amenities including fishing areas, pickleball courts, a half basketball court, and outdoor gathering spaces.
An HOA with protective deed restrictions helps maintain the integrity of the community and protect your investment. Located within Oglesby ISD and just a short drive to Waco and Temple, this property offers the peace of rural living without sacrificing accessibility to nearby city conveniences. Tiny homes are allowed (no minimum square footage required). This subdivision has a lot of people living off the grid with solar and water capture.
Enjoy wide-open skies, tranquil views, and room to roam in a secure, well-maintained community. Whether you're looking to build now or invest for the future, this property offers an opportunity to be part of a growing area with long-term potential. Owner financing available with acceptable terms.
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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 |
|---|---|---|---|
| May 29, 2026 | Price Decreased |
$110,000
↓ $8K
(6.4%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by Graceland Real Estate | $117,500 | |
| Listed by Graceland Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017