372 Old Lockhart RD
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by Keller Williams Realty | $399,000 | |
| Listed by Keller Williams Realty | |||
| Aug 22, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jul 10, 2026 | Price Decreased |
$449,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Compass RE Texas, LLC | $499,000 | |
| Listed by Compass RE Texas, LLC | |||
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Just a short drive from Austin, Austin-Bergstrom International Airport, major employers such as Tesla, shopping, and dining, this one-of-a-kind estate offers the perfect balance of peaceful country living and city convenience. Rich in history and thoughtfully updated, this charming property showcases approximately 100 years of timeless character while seamlessly incorporating the comforts of modern living.
From the moment you step inside, you'll be welcomed by original details including shiplap walls, hardwood floors, soaring ceilings, and abundant natural light streaming through large windows, creating a warm and inviting atmosphere throughout. The functional layout offers comfortable everyday living while providing an ideal setting for entertaining family and friends. Every update has been carefully considered to preserve the home's historic integrity while enhancing its livability.
Situated on a fully fenced property, the outdoor space offers exceptional privacy and flexibility. A detached four-car garage provides ample space for vehicles, hobbies, storage, or a workshop, while the RV hookup creates additional opportunities for guests, extended stays, or potential income-producing use.
Adding to its appeal, the property features both residential and commercial zoning, offering outstanding versatility for homeowners, entrepreneurs, or investors seeking a truly unique opportunity. Whether you're looking for a private residence, a live-work property, or an investment with endless possibilities, this exceptional estate delivers. Combining historic charm, thoughtful updates, incredible flexibility, and an unbeatable location with convenient access to Austin, this rare property is ready to welcome its next chapter.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017