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109 Syble Jean Drive
About This Property
The mobile home that previously occupied the site has been removed, leaving a cleared, level lot free of large structures and ready for immediate development. Situated on a quiet, low-traffic street just off FM 1187 (Rendon-Crowley Road), the property enjoys convenient access while remaining outside city limits in a peaceful, established neighborhood.
Zoned for Burleson ISD schools and centrally located between Burleson and Mansfield, the lot provides easy access to shopping, dining, employment centers, and major highways (including I-35W).
Ideal for owner-occupants seeking affordable land ownership or investors looking for a straightforward buildable site in a growing part of Tarrant County. Don't miss this chance to claim your own piece of Texas land in a desirable location with strong potential!
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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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$80,000
↓ $20K
(20%) | |
| Price Decreased | |||
| Oct 26, 2026 | Listed by Beary Nice Homes | $100,000 | |
| Listed by Beary Nice Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017