407 Private Road 2139a
About This Property
This home features an open-concept floor plan on the main level, with soaring ceilings, abundant natural light, and a cozy yet elegant atmosphere. At the heart of the space is an antique wood-burning cook stove, which adds functionality and rustic charm. The kitchen is designed with custom wood and stainless steel counters, open shelving, and plenty of workspace, making it ideal for cooking and entertaining.
The luxurious downstairs primary suite provides a private retreat with an immense walk-in closet and en suite bathroom. This space includes a freestanding tub inside the spa-like walk-in shower. With dual vanities, this bathroom offers a perfect balance of style and comfort. The main floor also includes a guest bedroom and full bathroom, offering convenience and privacy for visitors. Upstairs, you'll find two additional bedrooms and a full bathroom, creating the perfect space for family or guests.
The property includes a spray-foam insulated well house with a private well. The metal barn is equipped with electricity and loafing area, making it ideal for horses or livestock. For RV enthusiasts and visitors, the property is ready with 30 and 50-amp connections and a septic system. With expansive acreage providing privacy, space to roam, and potential for agriculture or recreation, this property is perfect for anyone seeking a peaceful rural lifestyle. Whether you're looking for a serene retreat or a versatile property for family and friends, this rural gem in Iredell, TX, is ready to welcome you home.
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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 30, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Major Real Estate | $599,900 | |
| Listed by Major Real Estate | |||
| Dec 26, 2024 | No longer available | - | |
| No longer available | |||
| Jul 19, 2024 | Price Decreased |
$775,000
↓ $124K
(13.8%) | |
| Price Decreased | |||
| Jun 26, 2024 | Listed by BLACK REAL ESTATE, LLC | $899,000 | |
| Listed by BLACK REAL ESTATE, LLC | |||
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Beautiful new custom built home on 18.11 acres. The main living area features vaulted ceilings, stained concrete floors, and tons of natural light. The custom kitchen has butcher block counter tops, wood burning stove, huge pantry, and much more. The primary bedroom has a en suite bathroom with huge soaking tub and large walk-in closet. The second level of the home just needs flooring, but has tons of storage and its own bathroom. The view from the front porch is amazing and just a short walk from the tank and barn. Plenty of space for all of your animals and very secluded and relaxing location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017