11201 County Road 418
About This Property
Escape the hustle and bustle while staying close to town! This beautiful property just outside of Grandview offers just under 10 acres of lush native grass, mature trees, and wide-open skies.
Fully fenced and equipped with electricity and water already connected, this land is ready for your dream home, barndominium, or weekend getaway. Enjoy peaceful country living with the convenience of town only minutes away.
Don't miss this rare opportunity to own a slice of Texas countryside!
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Western Heritage Realty/Invest | $235,000 | |
| Listed by Western Heritage Realty/Invest | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
| Oct 31, 2022 | Listed by HeartLand Real Estate | $249,500 | |
| Listed by HeartLand Real Estate | |||
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Bring your horses and bring your vision for this just under 10 acre tract located in the highly sought after Grandview ISD. The property is fenced and cross fenced with water extended to the back of the property for a spectacular place to build your new home with inspiring views for miles. The workshop has water and electric. The property value is in the land, land improvements ie. water meter, fencing, cross fencing and workshop. Escape frenzied city life, while maintaining less than a 45 minute commute to the Dallas-Fort Worth metroplex.
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Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21059024
Details provided by NTREIS and may not match the public record
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