105 Bunkhouse Road
About This Property
Positioned on a desirable corner, this 1-acre homesite offers a stunning blend of mature trees and natural privacy-perfect for a luxury custom home. The added frontage and layout provide design versatility, while the dense tree coverage creates a true estate feel. Located in The Estates of Texas Grand Ranch, where underground utilities, central water, and fiber internet meet a scenic, wooded landscape just minutes from I-45 and area amenities. Select from 10 approved custom home builders known for quality and craftsmanship, or bring your own builder. No timeframe to build gives you the flexibility to design and plan at your pace.
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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 |
|---|---|---|---|
| Apr 27, 2026 | Listed by Grand Ranch Properties | $143,900 | |
| Listed by Grand Ranch Properties | |||
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Last Updated: 17 hours ago
Data Source: HAR , MLS# 9095037
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