114 Lcr 465
About This Property
In addition to the main home, the property includes a doublewide mobile home, providing excellent potential for multi-generational living, rental income, or a private guest retreat.
With wide-open spaces, endless possibilities, and the quiet charm of country life, this property is a rare find. Whether you're looking to spread out, invest, or create your own homestead, this one checks all the boxes.
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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 26, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$625,000
↓ $50K
(7.4%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by Texas Bound Real Estate, LLC | $675,000 | |
| Listed by Texas Bound Real Estate, LLC | |||
| Mar 15, 2022 | No longer available | - | |
| No longer available | |||
| Mar 9, 2022 | Listed by Sadler Land and Realty | $388,000 | |
| Listed by Sadler Land and Realty | |||
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Amazing brick home located on 5 acres just outside the city limits of Mexia, TX. This home has been completely renovated inside & out. Features 3 bedrooms, 2 baths, fireplace, granite kitchen countertops, detached 3 car garage and so much more. The yard is well landscaped and has a patio & fenced backyard. Conveniently located only 45 minutes from Waco, TX and 1.5 hours to Dallas/Fort Worth. The manager has listed the unit size as 1799 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017