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344 Patricia RD
About This Property
This 4 wooded acre property has a private road leading to a beautifully situated single-story home. This 4 bedroom 2.5 bath home features an office and a flex space creating a welcoming layout surrounded by natural beauty.
Step outside and enjoy a quiet and serene backyard built for relaxation and gatherings. The resort-style pool with a walk-in ledge provides the perfect place to cool off during warm Texas days, while the outdoor kitchen and dining area makes for the perfect place to host all the gatherings!
The property also offers exceptional functionality for hobbies and storage. A large air-conditioned 40x36' shop with 12' and 10' roll-up doors provides generous workspace, complemented by a 3-car garage, covered boat/RV storage, and a 50-amp RV hookup for added convenience.
Additional highlights include a commercial nugget icemaker in the garage, chicken coop/dog run, abundant room for recreation and equipment, and the peaceful privacy that comes with acreage living.
This is a rare opportunity to enjoy the space and tranquility of country living while remaining just minutes from the shops, restaurants, and historic charm of Georgetown/Cedar Park/Leander.
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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 |
|---|---|---|---|
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Listed by Pure Realty | $1,299,963 | |
| Listed by Pure Realty | |||
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About Whitetail
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017