6571 County Road 340
About This Property
The home is complemented by a fenced yard, providing a secure space for children and pets, while the entire property is perimeter fenced and ready for livestock. A gated entrance adds both privacy and convenience.
Improvements include a large three-sided lean-to with ample space for equipment, vehicles, and storage, as well as multiple outbuildings that provide additional functionality. A guest cabin is also located on the property and offers excellent potential with some renovation.
The property is well-equipped with two water wells and three septic systems, providing flexibility for a variety of uses. Conveniently located just 15 minutes from both Burnet and Marble Falls, this property combines peaceful country living with easy access to town amenities.
Experience Hill Country living at its finest.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$495,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Topper Real Estate | $525,000 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017