5200 Ledge RD
About This Property
Fresh interior paint brightens the home, while the living room features a vaulted ceiling and an open floor plan that flows into the dining area and kitchen - ideal for both relaxing and entertaining. This lakefront home includes three bedrooms and two full baths with ceramic tile and new luxury vinyl plank wood-look flooring throughout.
The primary suite offers a peaceful retreat with a jetted tub, separate shower, and double vanities. Interior wood-paneled walls maintain the warm, authentic log cabin feel. A large pantry with butler's pantry near the kitchen and garage adds flexible space perfect for a home office, hobby room, or mudroom.
Recent updates include new HVAC (2022), new roof (2024), new vinyl plank flooring (2022), new dishwasher (2022), updated lighting fixtures (2022), and new bathroom faucets (2022). Refrigerator and playscape convey; washer, dryer, and all furnishings are negotiable.
The covered rear patio overlooks the lake, creating a serene space for morning coffee or sunset views. Conveniently located less than 12 miles from UMHB and Baylor Scott & White Hospital and approximately 13 miles from I-35, this Lake Belton property blends peaceful living with everyday convenience.
A rare opportunity to own a lakefront home in Texas with direct access and timeless appeal.
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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 |
|---|---|---|---|
| Feb 20, 2026 | No longer available | - | |
| No longer available | |||
| Nov 21, 2025 | Listed by Keller Williams Realty Lone St | $550,000 | |
| Listed by Keller Williams Realty Lone St | |||
| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Nov 6, 2021 | In contract | - | |
| In contract | |||
| Oct 27, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017