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490 John Craft Road
About This Property
At the heart of the property sits a 3,142± sq ft custom-built home. Classic wraparound porches, a durable metal roof, and a stone exterior give way to an airy interior featuring vaulted wood-beamed ceilings, a stunning floor-to-ceiling rock fireplace, and an open floor plan. The updated kitchen is designed for both beauty and function with painted cabinetry, quartz countertops, and a premium Wolf range-perfect for hosting family and friends.
The primary suite is located on the main level and includes private deck access, ideal for enjoying quiet mornings under the towering pines. The en-suite bath is spa-inspired, with an oversized walk-in shower and dual vanities. Downstairs, you'll find additional bedrooms and a versatile bonus space-perfect for a home gym, office, or extra storage. All bathrooms have been thoughtfully renovated with a clean, modern touch.
The property also benefits from an ag exemption, keeping taxes low.
Outbuildings include a large covered parking area, horse stables, a chicken coop, and an impressive 50' x 80' barn-hangar with efficiency living quarters and a concrete helipad-a versatile structure that would cost over $200,000 to replicate. Whether you're flying in, riding out, or simply enjoying the peace and privacy, this ranch is built for self-sufficiency and adventure.
This isn't just a property-it's a lifestyle. Whether you're saddling up, soaking in the sunset from the deck, or enjoying the natural beauty all around you, this one-of-a-kind estate invites you to slow down, reconnect, and truly feel at home in the heart of Texas.
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | Relisted | $1,695,000 | |
| Relisted | |||
| Apr 16, 2026 | Price Decreased |
$1,695,000
↓ $54K
(3.1%) | |
| Price Decreased | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Price Decreased |
$1,749,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017