260 Dickerson LN
About This Property
The home features a bright, comfortable interior with generous living spaces, a dedicated office, an open kitchen and dining area, spacious bedrooms and a large back deck overlooking the wooded property. Mature trees create a secluded setting, while the expansive outdoor space provides a blank canvas for future improvements and personal projects.
Despite its quiet rural atmosphere, the property remains conveniently connected to the greater Austin area and the growing employment centers throughout Bastrop County. Elgin offers access to major regional roadways, while Bastrop County continues to attract employers in technology, manufacturing, hospitality, healthcare and education-including SpaceX, The Boring Company, Hyatt Lost Pines and other expanding operations.
One of the property's most memorable features may be the friendly miniature horses next door, which regularly wander up to the fence looking for attention and pets-an experience that perfectly captures the charm of country living.
Private, versatile and filled with possibility, this is more than a home-it is the space to build the life you want, all within reach of Austin and Bastrop.
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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 16, 2026 | Listed by Serhant Texas, LLC | $499,999 | |
| Listed by Serhant Texas, LLC | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$549,000
↓ $50K
(8.4%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$599,000
↓ $46K
(7.1%) | |
| Price Decreased | |||
| Feb 12, 2026 | Price Decreased |
$645,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017