309 Stolle LN
About This Property
Escape to peace and tranquility just 6 miles outside of Smithville, where this beautifully remodeled retreat sits quietly at the back of a large, heavily wooded lot. Surrounded by mature trees and nature, this property offers privacy, serenity, and endless possibilities.
The current home features a fully remodeled interior with an open floor plan, 2 bedrooms, and 1 bathroom, making it ideal as a primary residence, weekend getaway, guest house, or income-producing Airbnb. There is ample space at the front of the property to build a larger main home, while keeping the existing residence as a second dwelling.
Outdoor living truly shines with a 900-square-foot wraparound deck, perfect for entertaining, relaxing, or simply enjoying the peaceful surroundings. Take in beautiful sunset views from the covered patio area
Additional features include:
Recent roof, water heater & deck
50-amp RV/electric vehicle charger
10' x 8' storage building
20' x 19' covered semi-enclosed metal structure (ideal for a future barn or stable)
16' x 10' covered parking space
Minutes from schools, shopping, and historic downtown Smithville. Part of Smithville ISD
This is a rare opportunity to own a private country retreat with modern upgrades, expansion potential, and unbeatable tranquility - all just minutes from town.
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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 12, 2026 | Price Decreased |
$217,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$227,000
↓ $8K
(3.4%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$235,000
↓ $4K
(1.7%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$239,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Mar 18, 2026 | Price Decreased |
$249,000
↓ $8K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017