613 Bone Road
About This Property
The beautifully maintained home features 4 bedrooms & 4 full baths with a flexible layout designed for both everyday living & entertaining. Two spacious downstairs primary suites with private baths make the home ideal for multigenerational living, guests, or added privacy. Upstairs, two additional bedrooms share a full bath and provide plenty of room for family, visitors, or office space.
Inside, the open-concept design is inviting with vaulted ceilings, abundant natural light & floor-to-ceiling brick fireplace that anchors the living area. The kitchen features rich custom cabinetry, large walk in pantry, built-in oven, microwave, dishwasher, generous prep space & picturesque views.
The covered back patio, accented with rustic timber, provides the perfect setting to unwind, entertain, or simply enjoy peaceful sunsets overlooking your private acreage & pond.
For horse enthusiasts or those seeking a true farm-and-ranch lifestyle, the insulated & heated barn is a standout feature. Complete with four 12x12 stalls with fans, water, storage & private 1-bedroom, 1-bath apartment, the setup is ideal for ranch help or additional living space. A 40-foot welded round pen is in place for groundwork, while the stocked lined pond adds both scenic beauty & functionality for livestock or recreation.
Other features include RV parking, side-entry 2-car garage, metal roof, private water, septic system, 2 entrances to the property & plenty of room to roam, ride, or simply enjoy the serenity of country life while remaining conveniently located just minutes from Valley Mills & Waco amenities.
This remarkable property delivers the best of Texas country living.
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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 23, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$765,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by Graceland Real Estate | $775,000 | |
| Listed by Graceland Real Estate | |||
| Apr 14, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017