1006 County Road 280
About This Property
Key Features:
* Expansive Acreage: Set on a sprawling landscape with room to breathe and enjoy the natural surroundings. * Dual Gates & Water Meters: Two gated entrances and separate water meters provide the perfect setup for adding a second residence, guest house, or additional commercial structure at the hilltop. * Stunning Views: Ideal for weddings, retreats, or simply enjoying peaceful sunsets.
* Flexibility: Seamlessly adapt the property to suit your needs, whether as a home, business, or combination
of both.
* Unmatched Location: Centrally situated in the Texas Triangle, with easy access to major cities, making it ideal for
destination events or a convenient retreat.
* Commercial Septic System: This is a unique opportunity to create your vision in an unparalleled location. Whether you dream of hosting unforgettable events, building your dream home, or crafting a boutique commercial endeavor, the potential here is as boundless as the horizon. Schedule your tour today and let the possibilities unfold!
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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 |
|---|---|---|---|
| May 10, 2026 | Price Decreased |
$545,000
↓ $50K
(8.4%) | |
| Price Decreased | |||
| Mar 21, 2026 | Listed by All City Real Estate Ltd. Co | $595,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Feb 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 27, 2025 | Listed by All City Real Estate Ltd. Co | $674,900 | |
| Listed by All City Real Estate Ltd. Co | |||
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Charming Country Venue with Endless Potential!
Nestled amidst rolling hills with breathtaking panoramic views, this property is a rare find offering both serenity and opportunity. Designed as a versatile space, it currently serves as a picturesque venue or event space, but it can easily be converted into a single-family residence by finishing the existing kitchen.
Key Features:
* Expansive Acreage: Set on a sprawling landscape with room to breathe and enjoy the natural surroundings.
* Dual Gates & Water Meters: Two gated entrances and separate water meters provide the perfect setup for adding a second residence, guest house, or additional commercial structure at the hilltop.
* Stunning Views: Ideal for weddings, retreats, or simply enjoying peaceful sunsets.
* Flexibility: Seamlessly adapt the property to suit your needs, whether as a home, business, or combination of both.
* Unmatched Location: Centrally situated in the Texas Triangle, with easy access to major cities, making it ideal for destination events or a convenient retreat.
* Commercial Septic System: This is a unique opportunity to create your vision in an unparalleled location.
Whether you dream of hosting unforgettable events, building your dream home, or crafting a boutique commercial endeavor, the potential here is as boundless as the horizon.
Schedule your tour today and let the possibilities unfold!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017