720 Longhorn Drive
About This Property
Escape to your own private sanctuary right at the edge of Early city limits. This unique 17 acre property seamlessly blends ultimate privacy with everyday convenience, featuring a beautifully designed, modern tiny home. The home is nestled among mature hardwoods and mesquite trees in the heavily wooded tract. Whether you are looking for a peaceful homestead, a weekend getaway, or an income generating property, this tract offers endless possibilities.
The 17.45 acres feature heavily wooded terrain with a seasonal, wet-weather creek traversing the tract, creating a more dynamic landscape.
The tiny home was constructed in 2024 from a shipping container designed with a charming farmhouse aesthetic. The thoughtful floor plan features a full kitchen, full bath, and comfortable bedroom. The home was finished with quality spray foam insulation, large picture windows offering an abundance of natural light, and durable LVP flooring. A custom metal awning spans the exterior creating an expansive, shaded outdoor living area for relaxing or entertaining.
The property is a rare find, set up to be utilized in many different ways from a private residence to Airbnb-short-term rental. In addition to the tiny home there is an additional power location if one wants to add additional structures or building sites. 3.16 acres is located in Early city limits the remaining 14 acres is zoned outside city limits.
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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 |
|---|---|---|---|
| Nov 4, 2026 | Listed by Ranch Pro Real Estate | $299,000 | |
| Listed by Ranch Pro Real Estate | |||
| Jan 3, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by KWSynergy | $150,000 | |
| Listed by KWSynergy | |||
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Small acreage on the edge of Early TX. Prime area for residential development or perfect place to build your hideaway barndominium. Some parts are thick and brushy and there is a good share of mature trees. The front 3.16 acres on Longhorn are within the city limits of Early TX. Wet weather creek runs through the south eastern side and corner. Bring your building ideas and let's go take a walk.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017