4901 County Road 605
About This Property
The main home has been beautifully renovated, blending comfort and style with thoughtful updates throughout. Just steps away, the beautifully styled 2 story with full guest quarters with full bath just inside the 55x40 workshop offering a private space where visitors can relax in comfort-ideal for hosting friends, family, or accommodating multi-generational living. For those who need space to create, store, or work, the property includes a state-of-the-art workshop ready for any project or hobby. And for a touch of pure nostalgia, you'll find a majestic tree straight out of every childhood dream-the perfect spot to climb, relax in the shade, or simply enjoy the beauty of nature. Set in one of Burleson's most sought-after areas, this property offers the rare combination of acreage, convenience, and versatility in a setting you'll love coming home to. Let's get your showing scheduled!
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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 |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed by Texas Legacy Realty | $700,000 | |
| Listed by Texas Legacy Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017