$1,480,000 Last Listed Price
●
House -
Off Market
10840 County Road 272 - 67 Acres
Somerville, TX 77878
4 Beds
3 Baths,
1
Half Bath
2,913 Ft²
$7,268
Est. Monthly
About This Property
This one is the true CONVENIENT COUNTRY ESCAPE less than 15 miles
to BCS and Easterwood Airport! The METICULOUSLY cared for home with
detached GUEST QUARTERS (part of living SF), metal WORKSHOP with
climate controlled storage room, and equipment BARN on 67+ AG
EXEMPT acres of improved pastures with +/-1.4 acre pond is the
complete package. The home is spacious and the floor plan offers
privacy for each bedroom but central to the home is the open
concept kitchen-dining-living room that is comfortable and
inviting. NEW stainless steel kitchen APPLIANCES and a NEW ROOF
this year - the attention to upkeep and care does not stop here.
The full length back porch, softscapes, hardscapes, shop and
detached guest quarters are full of thoughtful accents and details
that leave you impressed at every turn. In addition to the property
improvements, the pastures are a proven source of revenue with
production at 4,000 - 7,000 square bales per year. This one is an
exceptional property!
Unit Size
2,913 Ft²
Days on Market
-
Land Size
67.20 acres
Price per sqft
$508
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #65431360)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2025 | Listed | $1,595,000 | |
| Listed | |||
| | |||
|
LOCATION! Recently Remodeled Farm House With Casita, Metal Shop, Large Pole Barn AND 67 +/- Improved Ag Exempt Acres. Currently In Hay Production. Located 15 Minutes from Aggieland! An opportunity to own an income producing hay farm in the Brazos River Valley, with minimal Flood Plain, surrounded by Texas GLO land. Fish in your almost 2 Acre pond, tend to horses & livestock, and consider hay production for your personal use or continue the current lease and keep the income producing aspect in play, with previous yields of over 4,000 square bales per season. As for your new home, no expense was spared with this complete 2024 interior refresh, with new kitchen butcher block island, updated cabinetry and decorative backsplashes. Guests are welcome with a walkway that leads the way to the 450 Sq. Ft Casita with Bath and Closet. Additional improvements include a metal shop for working out or storage, 1400 Sq. Ft Pole Barn and horse/livestock runs in the rear of the property.
| |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Nov 27, 2024 | Price Decreased |
$1,685,000
↓ $65K
(3.7%) | |
| Price Decreased | |||
| Oct 12, 2024 | Price Decreased |
$1,750,000
↓ $75K
(4.1%) | |
| Price Decreased | |||
| Aug 28, 2024 | Listed by Real Broker, LLC | $1,825,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
LOCATION! Newly Remodeled Farm House With Casita, Metal Shop, Large Pole Barn AND 67 +/- Improved Ag Exempt Acres Currently In Hay Production. A unique opportunity to own an income producing hay farm surrounded by Texas GLO land. Drop a line in your almost 2 Acre pond, tend to horses and livestock as a steward of the land, and consider hay production for your personal use or continue the current lease and keep the income producing aspect in play, with previous yields of over 4,000 square bales per season. As for your new home, no expense was spared with this complete 2024 interior refresh, with new kitchen butcher block island, updated cabinetry and decorative backsplashes, complimented by new stainless steel appliances. Do not miss the new custom closet and bath in the primary suite with posh plumbing fixtures, heated mirrors and extravagant touches throughout. Gameday guests are welcome with a walkway that leads the way to the 450 Sq. Ft Casita with Bath and Closet.
| |||
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Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
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ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Burleson
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Listed by: Melinda Scott, Home & Ranch Real Estate
Last Updated: 5 months ago
Data Source: HAR , MLS# 65431360
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Last Updated: 5 months ago
Data Source: HAR , MLS# 65431360
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