49
Map
0000 Sh 21
About This Property
The farm features over 40 ft of elevation change, with multiple hilltop build sites providing long range views. The land is mostly cleared and well maintained, with pockets of timber that add cover, diversity, and privacy. The property is perimeter fenced, allowing immediate grazing of horses and cattle.
A pond is located in the NW corner of the property, providing a water source for cattle, deer, and other native wildlife that call this place home. The farm is currently leased for grazing/hay and provides income.
This hilltop farm is very well suited for ag use, a homesite, or a combination ranch property. It is very close to Toledo Bend, and Sabine National Forest! Tracts like this one do not hit the market often!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Dec 20, 2025 | Listed by Whitetail Properties Real Estate | $247,140 | |
| Listed by Whitetail Properties Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/20/2025
| |
Loft
|
-
|
-
|
$247,140
Loft
-
|
$247,140
04/13/2026
|
Jakeb Pennington
Whitetail Properties Real Estate
|
|
01/11/2023
| |
Loft
|
-
|
-
|
$35,000
Loft
-
|
-
-
|
Shane Allman
Allman Company Toledo Bend
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017