830 W 3rd Street
About This Property
The generous master includes a great size walk-in closet and plenty of room to relax and unwind. Two additional bedrooms and one bathroom provide ample space for family or guests. Step outside to the large backyard, where you'll find mature trees providing shade and a spacious covered patio-perfect for outdoor entertaining or simply enjoying the tranquil surroundings. The backyard is also ideal for parking an RV or trailer, with plenty of room for all your outdoor needs. For those looking for additional workspace, this property includes a 30x30 shop equipped with heating and air conditioning. The shop includes a 16x10 roll-up door and a half bath, making it the perfect place for a hobbyist or small business. Plus, the RV hookup makes it easy to accommodate travelers or long-term visitors. Conveniently located near IH-35, this home offers easy access to Waco, Temple, and Belton-making it a fantastic spot for both work and play. BONUS~ New Roof in 2023 and 50AMP plug for a generator or back-up power supply!!
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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 31, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by Texas Luxury and Land | $320,000 | |
| Listed by Texas Luxury and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017