308 Wildflower
About This Property
Equestrian and hobby enthusiasts will appreciate the fully fenced pasture and backyard, enclosed with 5-foot no-climb horse fencing. Additional improvements include a 12 x 20 shop on concrete with both water and electricity, as well as a 20 x 30 loafing shed. 2 additional, smaller 3-sided sheds are currently present and can stay or be removed.
Practical features abound, including a convenient dog door leading into the garage, Central Bosque water service, Heart of Texas Electric Cooperative power, trash pickup service, and public sewer-no septic system required.
Ideally located less than ten minutes from town, heading either east or west. This property offers the tranquility of country living without sacrificing accessibility. The home is safely situated outside the flood zone and does not require flood insurance. A preliminary agricultural exemption is already in place beginning in 2026, adding even more value to this exceptional property.
This is a rare opportunity to own a thoughtfully designed country retreat with modern amenities, beautiful surroundings, and room to enjoy the Texas lifestyle.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 28, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by ERA Courtyard Real Estate | $680,000 | |
| Listed by ERA Courtyard Real Estate | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 12, 2026 | Price Decreased |
$730,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017