325 Granary DR
About This Property
The D.R. Horton Irvine plan divides the house sensibly. Three secondary bedrooms and a study sit in the front half, which keeps a home office, a guest room, or a hobby room out of the daily traffic pattern. The primary suite and the main living and dining areas open across the back, with the primary bath and a walk-in closet tucked behind them. Nine-foot ceilings, granite counters, double-pane windows, and a covered patio came standard from the builder, and the smart-home package covers the video doorbell, the deadbolt, the thermostat, and a light switch.
Out back there is a wood privacy fence, a stained pergola with a swing, and an above-ground pool that stays with the house. The two-car garage is attached, the flooring is vinyl plank through the common areas with carpet in the bedrooms, and the whole house is one level with no steps anywhere. Fiber internet serves the house, which matters if anyone here works from that study. An inspection at the sellers' 2024 purchase reported the post-tension slab performing as intended, and the termite report came back clean.
Harvest Creek runs $50 a month and covers the common areas, which is about as light as an HOA gets in this part of Hays County. The house sits between Kyle and Uhland: quiet, low traffic, and still an easy run to I-35, with San Marcos about twenty minutes south and south Austin about the same distance north. Zoned to Simon Middle and Lehman High.
Priced at $320,000 against a 2025 assessed value of $328,280. Creative terms are available and worth a conversation, and the right structure here opens the door for a buyer who would otherwise be shopping a much smaller house.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by Deal Smith Realty LLC | $320,000 | |
| Listed by Deal Smith Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017