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330 County Road 166
About This Property
Experience the freedom, privacy, and flexibility of owning over 7 acres in one of Central Texas's most desirable locations. Perched atop a ridge with sweeping Hill Country views, this unique property offers the space and independence that are increasingly difficult to find.
The 5-bedroom, 2.5-bath home is complemented by a well-established equestrian setup featuring a 5-stall barn, riding arena, paddocks, tack room, and fenced pasture. A 38' x 40' workshop with a private 1-bedroom, 1-bath loft apartment provides excellent flexibility for guests, hobbies, a home-based business, or additional income potential. Covered RV storage, trailer hookups, and ample room for equipment further enhance the property's versatility.
One of the property's most valuable features is its established infrastructure. The high-yield private well and septic system provide a level of self-sufficiency and utility independence that is becoming increasingly rare, while recent updates including the roof, windows, well pump, and septic system offer added peace of mind.
Located outside Georgetown city limits, the property benefits from no city property taxes and fewer city-level restrictions, while still offering convenient access to Georgetown Square, Round Rock, I-35, and SH-130. Buyers may have options regarding Georgetown city jurisdiction versus Williamson County jurisdiction, including the possibility of greater flexibility in future land use; however, all intended uses should be independently verified by the buyer.
Whether you're looking for a private family estate, horse property, hobby ranch, or live-work opportunity, this exceptional property offers a rare combination of acreage, infrastructure, views, and freedom in a rapidly growing area.
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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 1, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Relisted | $1,320,000 | |
| Relisted | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Redfin Corporation | $1,320,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017