554 Southern View
About This Property
Don't miss this stunning 4-bedroom, 3-bathroom ranchette nestled on 5 acres in highly desirable Lorena ISD. With 2,935 square feet of well-designed living space, the home includes a flexible bonus room that can serve as a 5th bedroom, office, or game room.
Enjoy a spacious open floor plan, a chef's kitchen with a walk-in pantry, and two primary suites, each with spa-like bathrooms. The oversized laundry room offers plenty of storage and functionality.
Outdoors, the property is complete with a horse barn, RV storage, and ample space to roam. Foam-insulated attic and tall ceilings enhance energy efficiency and comfort. This property offers the perfect blend of peaceful country living and spacious amenities. Schedule your showing today and experience the beauty and freedom this Central Texas ranchette has to offer!
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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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$650,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| Jun 16, 2025 | Price Decreased |
$679,900
↓ $70K
(9.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017