2603 River Road
About This Property
Welcome home to your own private slice of Texas! Nestled on 4 beautiful acres, this charming ranch-style home offers the perfect blend of peaceful country living with the convenience of nearby city amenities. This well-maintained home has been thoughtfully updated with fresh interior paint, brand new landscaping, a newly installed pool and spa (2025), and all new kitchen appliances (2025). Mature trees provide beauty and shade throughout the property, while the expansive acreage offers endless possibilities. With no HOA, you'll have the freedom to enjoy country living your way. Horses, cattle and chickens are welcome, making this property ideal for those seeking space for animals, hobbies, or simply room to roam. Conveniently located just 14 minutes from the new Texas Heritage Pkwy retail center! Not in a flood plain, never flooded!
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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 19, 2026 | Relisted | $845,000 | |
| Relisted | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by Walzel Properties - Corporate Office | $845,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by RE/MAX Cinco Ranch | $650,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Country LIVING at it's BEST! Peace and quiet is what you will get on this beautiful 4 acre property. One story Ranch home in immaculate condition! Fully fenced property w/mature trees, large work shed and covered parking w/hook ups for a RV. Enjoy your evenings on the covered patio w/ outdoor fireplace. Plenty of room for your vehicles in the oversized garage or attached carport. Combined kitchen, breakfast, and family room space that is great for entertaining. Kitchen includes: beautiful stonework, island w/cabinet space, breakfast bar, modern light fixtures, stainless steel appliances, great cabinet space and walk in pantry. Wood tile in main rooms and primary bedroom. HUGE laundry room with room for folding, hanging, and storing. Charming primary bedroom w/crown molding and tray ceilings. Primary bath w/ jacuzzi tub, large walk in shower, his/her sinks, and vanity. Fenced area for kids or dogs to play. Never flooded. Horses allowed. Low tax rate. Make it yours today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017