748 Pettytown RD
About This Property
Welcoming you to the home is a long tree-lined driveway leading you to the Aspen log exterior of the home that serves as just the beginning of the charm of this property. As you step inside, you'll immediately notice the exceptional craftsmanship of the woodwork throughout the home. The rich, natural wood tones create a warm and inviting atmosphere, while the high ceilings enhance the sense of space and openness. Every aspect of this home showcases the timeless beauty, durability, and allure of quality wood construction.
Situated on a sprawling 9.982-acre stretch of land, the property is enveloped by tree-lined grounds, ensuring privacy and tranquility. The property has been thoughtfully developed to include a mix of heavily wooded areas as well as more accessible sections that have been cleared away to allow for a variety of uses. The pond and numerous outbuildings add additional utility to the property. Even better, despite its secluded setting, the home offers the best of both worlds, with easy access to Austin just a short drive away.
Don't miss the opportunity to own this extraordinary piece of Texas countryside. Schedule your showing today and experience the unique charm of this property for yourself!
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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 |
|---|---|---|---|
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by eXp Realty, LLC | $525,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017