305 County Road 103
About This Property
A short, winding drive welcomes you to a classic farmhouse-style home nestled among mature oak and native trees. Covered front and back porches provide the ideal place to relax and take in the serene surroundings and scenic views.
Inside, the home features a traditional and inviting floor plan. A bright, spacious entry hall leads into the dining room and comfortable living area, highlighted by a wood-burning fireplace and views of the picturesque landscape and outdoor pavilion with a stone fireplace-perfect for entertaining.
The kitchen offers attractive cabinetry, a farmhouse sink, and a cozy breakfast area with bay windows overlooking the tree-covered backyard. The primary suite is conveniently located on the main level and includes double vanities, a walk-in shower, and a large soaking tub.
Upstairs, you'll find three additional bedrooms, two bathrooms (including one ensuite), ample storage, and a versatile bonus/flex room-ideal for a media room, game room, or play space.
The property's beautiful tree cover and tranquil Hill Country views make this one of the most appealing small-acreage offerings in the area. Enjoy easy access to Burnet and Lampasas while savoring the privacy and space of your own acreage.
Additional land is available.
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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 |
|---|---|---|---|
| Jul 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 21, 2026 | Price Decreased |
$895,000
↓ $80K
(8.2%) | |
| Price Decreased | |||
| Oct 30, 2024 | Listed by Texas Ranch Brokers LLC | $974,995 | |
| Listed by Texas Ranch Brokers LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017