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504 Casa Del Rancho Road
About This Property
The spacious living room serves as the heart of the home, showcasing soaring ceilings, a stunning floor-to-ceiling limestone fireplace, custom built-in entertainment center & expansive windows that fill the space with natural light while overlooking the backyard.
The chef's kitchen has an oversized island, abundant workspace, extensive custom cabinetry, a large walk-in pantry, and a bright breakfast area that seamlessly connect to the living spaces. Just off the kitchen, the formal dining room provides an elegant setting for special occasions.
The primary suite offers a secluded peaceful retreat with plenty of room to unwind. The spa-inspired bath features dual vanities, a soaking tub, separate walk-in shower & oversized walk-in closet.
Three additional bedrooms provide comfortable accommodations for family and guests, while the dedicated home office creates the perfect space for working remotely or managing daily activities.
Every detail has been thoughtfully planned, including an oversized utility room with custom built-ins and an impressive mudroom.
Upstairs, a spacious bonus room offers endless possibilities as a game room, media room or private guest retreat.
Step outside & enjoy the covered back patio overlooking the peaceful acreage, where you'll have plenty of room to entertain or relax. The 2.63-acre lot provides the space many buyers are searching for while remaining just minutes from schools, shopping, restaurants, Baylor University & all that Waco has to offer.
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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%.
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 12, 2026 | Price Decreased |
$825,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$839,900
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by Graceland Real Estate | $849,900 | |
| Listed by Graceland Real Estate | |||
| Jul 24, 2026 | No longer available | - | |
| No longer available | |||
| Apr 13, 2026 | Price Decreased |
$849,000
↓ $19K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017