31
Map
4296 State Highway 304
About This Property
Enjoy your own private backyard oasis with a heated in-ground pool, spa, and wide-open views of the surrounding countryside. Additional improvements include a large workshop, office/storage building with electricity and A/C, livestock pens, chicken coop, and flexible space for hobbies, equipment, animals, homesteading, or business use.
Ideal for horses, livestock, recreation, gardening, or simply enjoying privacy and room to roam. Existing ag exemption offers valuable potential property tax advantages. Adjacent 18 acres with road frontage also available for purchase.
Vacant and easy to show, with a quick and convenient move-in process. A rare combination of acreage, functionality, and value within easy reach of Bastrop, Lockhart, Austin, and surrounding areas.
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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 |
|---|---|---|---|
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Pinnacle Realty Advisors | $599,000 | |
| Listed by Pinnacle Realty Advisors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017