$1,375,000
●
Land -
Off Market
11325 Highway 279
Brownwood, TX 76801
Studio
0 Bath
$1,697,278
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
BEAUTIFUL 326.34 ACRES WITH HWY FRONTAGE ON HWY 279, 3 MILES FROM
LAKE BROWNWOOD ALSO HAS ENTRANCE ON CR 105 ON WEST SIDE OF
PROPERTY. HAS 2 SMALL LAKES ON PROPERTY AND 2 PONDS. LOTS OF DEER,
HOGS, DUCKS, DOVE AND GOOD FISHING. PANTHER CREEK RUNS THROUGH
PROPERTY WHICH IS A WET WEATHER CREEK. PROPERTY HAS A 1,080 SQ. FT.
BARN WITH THREE OVERHEAD DOORS. HAS SEVERAL DEER FOOD PLOTS AND 5
DEER FEEDERS AND DEER STANDS. HAS A CONCRETE CELLAR. PROPERTY HAS
TWO MOUNTAINS WITH BREATH TAKING VIEWS OF THE PROPERTY AND THE LAKE
THAT IS ON THE PROPERTY. YOU CAN SEE LAKE BROWNWOOD FROM THE TOP
THE MOUNTAINS. PROPERTY IS 15 MILES FROM BROWNWOOD. Owner Finance
may be possible.
Unit Size
-
Days on Market
-
Land Size
326.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (NTREIS #14596551)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed by Tootie Kelly Real Estate | $1,468,530 | |
| Listed by Tootie Kelly Real Estate | |||
| | |||
|
BEAUTIFUL 326.34 ACRES WITH HWY FRONTAGE ON HWY 279, 3 MILES FROM LAKE BROWNWOOD ALSO HAS ENTRANCE ON CR 105 ON WEST SIDE OF PROPERTY. HAS 2 SMALL LAKES ON PROPERTY AND 2 PONDS. LOTS OF DEER, HOGS, DUCKS, DOVE AND GOOD FISHING. PANTHER CREEK RUNS THROUGH PROPERTY WHICH IS A WET WEATHER CREEK. PROPERTY HAS A 1,080 SQ. FT. BARN WITH THREE OVERHEAD DOORS. HAS SEVERAL DEER FOOD PLOTS AND 5 DEER FEEDERS AND DEER STANDS. HAS A CONCRETE CELLAR. PROPERTY HAS TWO MOUNTAINS WITH BREATH TAKING VIEWS OF THE PROPERTY AND THE LAKE THAT IS ON THE PROPERTY. YOU CAN SEE LAKE BROWNWOOD FROM THE TOP THE MOUNTAINS. PROPERTY IS 15 MILES FROM BROWNWOOD. Owner Finance may be possible.
| |||
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Dec 8, 2020 | Listed by Texas Realty | $1,060,605 | |
| Listed by Texas Realty | |||
| | |||
|
BEAUTIFUL views from this 326 acre ranch located near Lake Brownwood. Small lake has lots of ducks, dove and good fishing! Blend of native trees include live oak, post oak, elm and mesquite make good cover for hunting deer, turkey and hogs. Panther Creek, which is a wet weather creek and 2 tanks are on the property. Lots of native grasses for grazing and some small food plots. Water meter at highway. Property has great elevation change makes great trails for recreation. Metal shop, cellar and a holding tank for water.
| |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Brown
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tootie Kelly, Tootie Kelly Real Estate
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14596551
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14596551
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017