6588 Starks RD
About This Property
Outside, an attached 2-car carport, 45' x 60' wood-frame barn with gravel floor, and 12' x 20' storage shed offer plenty of room for vehicles, equipment, and projects. The land is generally flat and very usable, with open fields, native grasses, and scattered mature live oaks that give the place a classic Mason County feel. A raised garden area is already in place for those wanting to grow their own produce.
The property is completely fenced and served by a strong water well reported at approximately 100 gpm by the seller (buyer to verify). A recently installed solar panel system helps keep electric bills in check. Whitetail deer and other native wildlife are seen regularly. All of this is located a short drive from the Mason town square, schools, and services, offering a blend of privacy and convenience in the Hill Country.
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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 |
|---|---|---|---|
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Capitol Ranch Real Estate | $695,000 | |
| Listed by Capitol Ranch Real Estate | |||
| Oct 14, 2025 | No longer available | - | |
| No longer available | |||
| Sep 25, 2025 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Aug 31, 2025 | Price Decreased |
$899,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017