00 Quail Run DR
About This Property
TOPOGRAPHY, RANGELAND & HABITAT
The ranch features dramatic topography with over 100 feet of elevation change, ranging from 882' down to 770' above sea level. Towering live oaks, lush native grasslands, seasonal canyons, and hardwood-lined ridges create a vibrant habitat for both wildlife and people. Purgatory Creek winds for almost a full mile through the northern portion of the property, enhancing its scenic and ecological value.
Purgatory Bend Ranch Central boasts outstanding "pasture appeal," thanks to an array of mature live oaks (many adorned with Spanish moss), cedar elms, native grasses, and the dramatic bluffs of Purgatory Creek. The terrain is highly varied, offering open uplands, wooded draws, and deep canyons.
This diversity supports rich wildlife habitat and stunning view corridors throughout the property.
IMPROVEMENTS
-1 windmill + 1 electric submersible well, all with troughs or natural water catchments for wildlife.
-Existing roads, fencing, water troughs, pens, and electrical service.
Contact Broker regarding property taxes.
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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 |
|---|---|---|---|
| Mar 30, 2026 | Listed by Republic Ranches, LLC | $4,536,000 | |
| Listed by Republic Ranches, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017