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364 Ponderosa LOOP
About This Property
The kitchen provides ample storage and opens easily into the main living areas, creating a natural flow for everyday living. The primary bedroom features a private en-suite bath, while the second bedroom offers a comfortable space for guests or home office with a second bathroom. The current flex space off the living room can be utilized as office or guest room.
Step outside to enjoy the beauty of the land, where mature trees and open space create a relaxing environment with room to spread out. Whether you're enjoying a quiet morning coffee, hosting friends, or simply taking in the surrounding Texas landscape, the outdoor space offers plenty of opportunity to make it your own.
Located in the small town of Paige, the property is just a short drive from Bastrop State Park, known for hiking, fishing, and outdoor recreation. It's the best of both worlds with an easy commute to local dining, shopping, and entertainment in nearby city of Bastrop.
Whether you're looking for a simple living, a weekend retreat, or a place to downsize while still enjoying space and privacy, this property has potential for it all.
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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 |
|---|---|---|---|
| May 29, 2026 | Price Decreased |
$368,900
↓ $100
(0%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$369,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$379,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Iron Creek Realty | $385,000 | |
| Listed by Iron Creek Realty | |||
| Oct 29, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017