1044 Acr 379
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 |
|---|---|---|---|
| Feb 9, 2026 | Listed by Staples Sotheby's International Realty | $845,000 | |
| Listed by Staples Sotheby's International Realty | |||
| Jan 27, 2026 | No longer available | - | |
| No longer available | |||
| Aug 6, 2025 | Listed by Staples Sotheby's International Realty | $941,500 | |
| Listed by Staples Sotheby's International Realty | |||
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Rare Opportunity for 94.15 Acres in Prime East Texas Countryside! Discover the incredible potential of this gently rolling pastureland, with scattered mature trees that provide shade & character throughout the landscape. A spring-fed creek meanders through the property, feeding into a serene pond — perfect for livestock, wildlife, or simply the enjoyment of the natural beauty that surrounds you. With approximately 1,184.22 feet of road frontage on County Road 379, this tract offers easy access & exceptional visibility. Whether you’re looking for a private ranch, recreational retreat, or investment opportunity, this versatile land provides the perfect canvas. Fertile soil, natural water sources, & a blend of open pasture & tree cover make it ideal for cattle, hay production, or future homestead development. Two adjacent tracts are also for sale with a total of 174.3 acres. Don’t miss the chance to own a piece of scenic EastTexas, near historic Palestine!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017