8901 County Road 108
About This Property
The main residence is a true Hill Country custom home, featuring a striking rock exterior and metal roof. Inside, you'll find a thoughtfully designed two-story layout with 2 bedrooms, 2 full bathrooms, 1 half bath, and a large upstairs flex space. The kitchen offers beautiful custom cabinetry, granite countertops, and abundant windows that fill the space with natural light, making it ideal for both everyday living and entertaining. Additional interior features include a spacious primary suite with walk-in closet, a large masonry fireplace in the living room, iron railing staircase, ceramic tile flooring, high ceilings, and crown molding throughout.
The property also includes a guest home with a full bath, bedroom, and living area, along with a huge separate man cave complete with a kitchenette and bedroom. A foam-insulated shop with oversized sliding doors provides excellent space for equipment, storage, or projects. Animal barns, separate fencing, and a custom entryway further enhance the ranch's functionality and charm. The home, guest home, and additional improvements are fenced separately from the exotic game. With countless upgrades and features throughout, this is a one-of-a-kind opportunity you truly need to see in person to appreciate.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Price Decreased |
$1,895,000
↓ $55K
(2.8%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Shipley Ranches | $1,950,000 | |
| Listed by Shipley Ranches | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017