11270 County Road 202
About This Property
Approximately 310 acres of Rowena Loam cultivated fields offer potential for a high-yield, income-producing operation for cotton, wheat, hay and other crops. Approximately 126 acres of pasture include two functioning tanks, with the largest holding water year-round. A third tank is present but needs bank work. A smaller cultivated area near the tank provides an ideal location for corn, sunflowers or wildlife food plots. Existing fencing and cross-fencing are evident but will require repairs.
Outdoor enthusiasts will appreciate the recreational possibilities. Whitetail deer have been hunted on the property, with evidence of feral hogs and sightings of turkey, quail and dove. Gravel trails provide access throughout the property by truck or ATV.
The peaceful homestead area features a 1930s farmhouse, guesthouse, shop with concrete floor, white pipe fencing and cattle-working chutes. Structures require renovation prior to occupancy. One well is located near the home; condition is unknown.
Extensive frontage along two county roads provides convenient access to fields and multiple areas of the property. Located approximately 20 minutes from Stamford. Seller believes they own approximately 98% of the mineral rights; buyer to verify. Crop lease currently in place.
Whether your vision is farming, ranching, hunting, recreation or creating a family retreat, this remarkable Texas property offers the opportunity to build generational wealth and carry forward a legacy that has served generations of Texans.
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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 |
|---|---|---|---|
| Aug 13, 2026 | Listed by City Real Estate | $1,799,999 | |
| Listed by City Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017