1009 Private Road 1024
About This Property
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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 |
|---|---|---|---|
| Jun 3, 2026 | Listed by Bubela Real Estate | $1,150,000 | |
| Listed by Bubela Real Estate | |||
| May 25, 2026 | No longer available | - | |
| No longer available | |||
| Mar 4, 2026 | Price Decreased |
$1,250,000
↓ $250K
(16.7%) | |
| Price Decreased | |||
| Jan 14, 2026 | Price Decreased |
$1,500,000
↓ $250K
(14.3%) | |
| Price Decreased | |||
| Dec 8, 2025 | Listed by Bubela Real Estate | $1,750,000 | |
| Listed by Bubela Real Estate | |||
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Discover 48 beautiful acres in Lavaca County featuring a spacious 4-bed / 3-bath, 3,342 SF main home, 3 additional apartment units & numerous outbuildings—ideal for hunting, ranching, rental income, multigenerational living, or creative expansion. Main residence features multiple living areas & covered outdoor spaces, including 2 open porches, several carports & patio cover. Outside, the property offers multiple barns, sheds, utility buildings & 4 chicken coops, which can easily be converted into storage spaces, workshops, or creative studio areas. The property also includes three 700+ sq ft apartments, each offered w/covered parking as well as basic furniture and appliances:
• Apartment 1: 3 bed / 1 bath
• Apartment 2: 2 bed / 1 bath
• Apartment 3: 2 bed / 1 bath
The apartments have historically generated approximately $1,000/month ea. in rental income, offering immediate cash-flow potential for the next owner.
Outdoor amenities include 2 ponds, 1 featuring fishing pier & covered seating area, plus a deer blind & feeder already in place—perfect for recreation, hunting, or weekend enjoyment. Current Ag exemption is maintained through a verbal cattle lease w/neighboring landowner, providing immediate tax advantages with flexibility for continued agricultural use. With rolling pasture, paved road access, three septic tanks, and a water well, these 48 unrestricted acres offer exceptional versatility for cattle, horses, recreation, homesteading, or building a private family compound. One of the current apartment tenants also serves as the ranch hand, assisting with fence maintenance, general ranch work, and ongoing repairs—an added benefit for buyers who may want continued help with property operations. The tenant can be given notice to vacate if preferred. Conveniently located just minutes from Hallettsville and approximately 10 minutes from Splashway Waterpark & Campgrounds, this property delivers privacy, space, and long-term potential for its next owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017