301 Rhoades Lane
About This Property
Step inside to more than 3,400 square feet of comfortable living where vaulted ceilings and an open layout create a welcoming place for everyday life and entertaining. The spacious kitchen is centered around a large island with abundant cabinetry and flows seamlessly into the main living area, making it easy to stay connected whether you're hosting holidays or enjoying a quiet evening at home. The split-bedroom floor plan provides privacy, while the oversized primary suite offers a relaxing escape at the end of the day.
Outside is where this property truly shines. Imagine mornings on the covered patio with coffee in hand, afternoons fishing at your own stock tank, and evenings watching the Texas sunset over your land. With plenty of room for horses, livestock, 4H projects, gardens, or simply open space to enjoy, this property gives you the opportunity to live the country life you've been dreaming about.
A workshop with electricity is ready for projects, equipment, or storage, while the detached carport and additional parking provide plenty of room for trailers, RVs, and recreational vehicles.
Located just minutes from Springtown while offering the peace and privacy of country living, this is more than a home. It's a place where family gathers, memories are made, and life slows down just enough to enjoy what matters most.
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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 |
|---|---|---|---|
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 1, 2026 | Listed by The Platinum Group RE, LLC | $729,900 | |
| Listed by The Platinum Group RE, LLC | |||
| Jun 8, 2026 | Relisted | $499,000 | |
| Relisted | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by The Platinum Group RE, LLC | $499,000 | |
| Listed by The Platinum Group RE, LLC | |||
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Set on approximately 2.23 acres in Springtown ISD, this spacious ranch-style home offers room to spread out both inside and out. With 3,460 square feet, 5 bedrooms, and 2 full baths, the layout provides flexibility for large households, guests, or dedicated office and hobby spaces. The heart of the home is the open living area where vaulted ceilings and natural light create a welcoming space for gathering and everyday living. The kitchen features a large island, ample cabinetry, and modern appliances, making it easy to cook, host, and stay connected with family or guests. The oversized primary suite offers a private retreat with a soaking tub, separate shower, and dual vanities, while the additional bedrooms provide plenty of room for family, guests, or flexible use spaces. Step outside and enjoy the benefits of country living with acreage, including a covered patio perfect for relaxing evenings and wide-open views of the surrounding property. A workshop with electricity adds valuable functionality for projects, storage, or equipment. Located just minutes from Springtown with convenient access to Weatherford and surrounding Parker County communities, this property combines space, flexibility, and acreage living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017