2925 Highway 31
About This Property
The completely fenced property features a gated entrance for added privacy, along with nine raised garden beds ready for vegetables, flowers, or fresh herbs. With no known restrictions, there is plenty of freedom to make the property your own-whether that means keeping pets, expanding the garden, tackling outdoor projects, or simply enjoying relaxed evenings beneath the trees.
Picture morning coffee on the covered front porch, backyard cookouts with friends, and enough room to enjoy the outdoors without spending every weekend maintaining acreage. An attached two-car carport, additional parking, rain gutters, and a storage shed provide the practical extras that make everyday living easier. The kitchen appliances, washer, and dryer are also negotiable.
Located in Axtell ISD, this inviting property blends small-town charm, usable outdoor space, and the comfortable feeling of finally being home.
Square footage is based on McLennan County Appraisal District records. Buyer and buyer's agent are encouraged to independently verify square footage, measurements, and all property information. Seller and listing agent have provided information to the best of their knowledge and sources
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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 22, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by Bramlett Partners | $250,000 | |
| Listed by Bramlett Partners | |||
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Real Broker, LLC | $205,000 | |
| Listed by Real Broker, LLC | |||
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Freshly remodeled and ready for you to move in! All new flooring, new paint, updated kitchen & bathrooms...it's all been done for you! This 3 bedroom, 2 bath home with a huge backyard is nestled among the trees on almost half an acre in the sought-after Axtell school district. Outside features a large covered carport with side parking, storage, and big covered front porch. This house was most recently an income producing property. Bring your VA, FHA, & 0% down payment USDA loans to this beauty. Close & convenient to Waco’s amenities with small town charm!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017