300 Misti Lane LN
About This Property
The main home offers 2 bedrooms, 2.5 bathrooms (1,812 SF), while the guest house includes 2 ensuite bedrooms and a living area (766 SF). An original 1,256 SF log cabin provides additional flexible living space. The separation of structures allows multiple parties to enjoy the property independently.
The minka-modern residences, positioned toward the rear of the acreage, were designed by Nolan Bell Studios (Austin) and feature shou sugi ban exteriors for durability and longevity. Interiors showcase custom white oak cabinetry, millwork, paneling, and wardrobes, French white oak flooring, and ultra-premium natural stone surfaces including breccia marble, limestone, soapstone, and granite.
The chef's kitchen is equipped with Bosch appliances and paneled Fisher & Paykel refrigerator and dishwasher. Bathrooms feature fabricated stone trough sinks, designer lighting, curated tile, and Newport Brass and Riobel fixtures in polished nickel. Additional features include commercial-grade windows and doors, solid-core interior doors, motorized roller shades, Level 5 wall finishes, foam insulation, commercial-grade membrane roofing, EV charger, and enhanced energy efficiency.
The owner is 3 years into a 5-year agricultural exemption, offering potential future tax benefits if maintained.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 24, 2026 | Price Decreased |
$1,699,000
↓ $86K
(4.8%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by Compass RE Texas, LLC | $1,785,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jun 18, 2025 | Price Decreased |
$1,785,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017