1161 Alsdorf Road
About This Property
A substantial metal shop building serves as the centerpiece of the property, featuring large roll-up doors, generous workspace, and a concrete apron designed for equipment, vehicles, RVs, boats, or agricultural use. An existing RV hookup adds immediate convenience, making it easy to live on-site while building, host guests, or enjoy weekend escapes without the hassle.
The property also features a scenic pond, mature trees, and expansive open pasture, creating the ideal setting for livestock, outdoor recreation, or simply enjoying peaceful country living. Wide-open Texas skies provide stunning sunrise and sunset views, while the versatile layout offers plenty of room for future improvements and customization.
Properties offering a quality shop building, RV hookup, pond, and usable acreage are increasingly difficult to find. Whether you're an investor, entrepreneur, ranching enthusiast, or someone seeking room to roam, this property presents a rare opportunity to own a truly versatile piece of Texas land. Don't miss your chance to bring your vision to life on this one-of-a-kind property.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Listed by Texas Premier Realty North Cen | $550,000 | |
| Listed by Texas Premier Realty North Cen | |||
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2020 | Listed by Keller Williams Realty | $205,000 | |
| Listed by Keller Williams Realty | |||
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Bring your house plans and your animals! Imagine the great views from your home on top of a hill! Property is fully fenced, most of the fence line is treed. There is a natural, seasonal creek that runs through the property. It has the perfect area to dig a pond for your enjoyment! The owner recently had a water meter put in and ran the line alongside the fence about 600 ft. into the property. Electric is nearby so all you need is your imagination! There are two entrances to the property, one being the main gate and the other is right across from Whitehouse Rd.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017