11680 State Highway 254
About This 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 |
|---|---|---|---|
| Dec 13, 2023 | No longer available | - | |
| No longer available | |||
| Dec 4, 2023 | Sold | ||
| Sold | |||
| Oct 18, 2023 | Listed by BOURQUIN REALTY | $180,000 | |
| Listed by BOURQUIN REALTY | |||
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Ready to relocate out of the city? This is the perfect spot! Up to 12 acres in Graford close to Possum Kingdom Lake! This property will make a nice homesite for those looking to get away from the hustle and bustle of DFW. The property has abundance of scattered trees and pasture areas with road frontage along State Highway 254. Minimal deed restrictions to prevent commercial usage or development. If you are seeking to buy land in North Central Texas, this is it! Contact us today to inquire about this property. VETERANS! You may be able to purchase this land with a 5% down-payment through the Texas Veteran's Land Board. Additional Acreage available to purchase. Please contact us for more information. All acreages and boundary lines shown on media are approximate and subject to final survey.
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About Palo Pinto
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20456437
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017