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4504 State Highway 304
About This Property
The ranch features a desirable square configuration with frontage on County Road 304. Improved pastures, a dedicated hay field, mature trees, gently rolling terrain, cross-fencing, and multiple building sites create a productive and versatile property. The seller currently runs 34 mother cows with one registered two-year-old Akaushi bull and reports 17 calves born in 2026. Welded steel working pens with a loading chute support efficient livestock operations.
Improvements include a 100' x 100' clear-span steel barn, eleven welded steel pipe horse stalls, a large roping arena, new barn roof (2023), multiple storage buildings, RV hookups, and a 2005 single-wide manufactured home offering approximately 765 SF with 2 bedrooms, 2 bathrooms, and an all-electric floor plan. Currently used as the owner's residence, it is well suited for full-time living, ranch-hand housing, or guests.
Two ranch ponds, a private water well with a new pump and casing (2026), city water to the residence with a new service line (2025), an agricultural valuation, and surrounding large ranches complete this exceptional Central Texas property, offering productivity, recreation, and lasting enjoyment.
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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%.
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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 |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by Capitol Ranch Real Estate | $1,750,000 | |
| Listed by Capitol Ranch Real Estate | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Increased |
$2,327,600
↑ $2M
(520.7%) | |
| Price Increased | |||
| Feb 26, 2026 | Listed by eXp Realty, LLC | $375,000 | |
| Listed by eXp Realty, LLC | |||
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Discover wide-open possibilities at 4504 State Highway 304 in Rosanky. This 116.38-acre tract offers a peaceful rural setting with endless potential for recreation or your next Luxury home site. This property has: 100' x 100' clear-span steel frame barn, large enough to ride inside.
• 11 welded steel pipe construction stalls in the barn.
• New roof on the barn (2023).
• Water well at the barn with new pump and casing (2026).
• City water at the home.
• New water line from the meter to the home (2025).
• 50% mineral rights.
• RV hookups in the barn (30A) and at the homesite (30A and 50A).
• Separate office with high-speed internet and outbuildings for storage.
• Improved pastures.
• Separate hay field.
• Two ponds.
• Large riding arena set up for roping.
• Welded steel pipe working pens for cattle with loading chute.
• Surrounded by large ranches on three sides.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017