1200 Compass Way
About This Property
Located in the charming rural town of Bluff Dale, Texas, you'll enjoy the peaceful pace of country living while being conveniently positioned between both Stephenville and Granbury. That means easy access to small-town charm, boutique shopping, great dining, and all the outdoor recreation this region is known for. Plus, with nearby highways, you're just a comfortable drive to the Dallas–Fort Worth Metroplex.
Whether you're a buyer looking for the perfect piece of land or a homeowner thinking of selling and wondering about today's market, this property is a rare find that checks all the boxes - space, scenery, amenities, and location.
Your dream home starts here - come see all Mountain Lakes has to offer, one of the a great communities in North Texas.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Magnolia Realty | $125,000 | |
| Listed by Magnolia Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017