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Map
559 Private Road 929 and 501 S. Main St PR
About This Property
Nestled just outside the Taylor city limits and within the ETJ (no known restrictions), this beautifully updated Texas farmhouse sits in the direct path of rapid growth. Renovated in 2022, the home blends modern design with rustic charm-featuring quartz countertops, newer appliances, tall ceilings with wood beams, and a cozy wood-burning stove. The spa-like primary bathroom is truly a retreat. This single-story layout offers flexibility and space, with an oversized living area and a dedicated home office. Step outside to enjoy a 4-ft pool, covered patio, and grilling area-perfect for relaxing while overlooking trees and fenced pastures currently home to chickens and goats.
Equipped for functionality and future use, the property includes a large barn, a 3-stall barn, and a storage building-ideal for workshops, equipment, or potential guest or income-producing space. Also included is the 7+ acre pasture across the driveway with secondary access from SH 95-adding both convenience and investment 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 |
|---|---|---|---|
| Nov 21, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 20, 2025 | Price Decreased |
$1,600,000
↓ $200K
(11.1%) | |
| Price Decreased | |||
| Sep 7, 2025 | Price Decreased |
$1,800,000
↓ $200K
(10%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by Keller Williams Realty Lone St | $2,000,000 | |
| Listed by Keller Williams Realty Lone St | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017