$1,075,000
↓ $20K (1.8%)
●
Land -
For Sale
1203 County Road 4132
Cumby, TX 75433
Studio
0 Bath
$5,336
Est. Monthly
About This Property
106.96 acre AG exempt property offering a versatile mix of income
production, recreation, and build potential just minutes from I30
and approximately one hour from Dallas. Over 60 acres are in
productive hay field yielding over 100 bales per cutting, making
this a strong income producing opportunity.
The land is cross-fenced with sandy loam soil and is well suited for cattle, horses, or other livestock. Features include three water sources, two ponds and additional water area, and a creek, providing excellent water access for livestock and wildlife.
Improvements include a 40 by 60 metal shop or barn with roll up doors, partial concrete flooring, and space that could be converted to stalls, along with an additional barn with working pens and chute that needs some repair. Electricity and water are already onsite, with fiber internet available.
No known restrictions and multiple potential build sites offer flexibility for a homestead, ranch, or recreational retreat. Existing mobile home onsite is not livable.
The land is cross-fenced with sandy loam soil and is well suited for cattle, horses, or other livestock. Features include three water sources, two ponds and additional water area, and a creek, providing excellent water access for livestock and wildlife.
Improvements include a 40 by 60 metal shop or barn with roll up doors, partial concrete flooring, and space that could be converted to stalls, along with an additional barn with working pens and chute that needs some repair. Electricity and water are already onsite, with fiber internet available.
No known restrictions and multiple potential build sites offer flexibility for a homestead, ranch, or recreational retreat. Existing mobile home onsite is not livable.
Unit Size
-
Days on Market
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Land Size
106.96 acres
Price per sqft
-
Property Type
Land
Property Taxes
$57
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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: 2 months ago (NTREIS #21237792)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2026 | Price Decreased |
$1,075,000
↓ $20K
(1.8%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Keller Williams Realty | $1,095,000 | |
| Listed by Keller Williams Realty | |||
| Mar 27, 2026 | No longer available | - | |
| No longer available | |||
| Feb 26, 2026 | Listed by AT Home Texas Real Estate | $1,100,000 | |
| Listed by AT Home Texas Real Estate | |||
| | |||
|
This would make a wonderful place to escape from the city if you are wanting to get away from it all. This property holds much opportunity for the right person. The front 60+ acres produces over 100 bales of hay in a cutting. The shop has a concrete floor in a portion of it and the other portion is dirt (that could be easily converted to stalls), includes roll up doors on both ends, . There are two ponds on the property and one that the owner does not consider a pond but does hold water. There is also a creek that runs through the property and wildlife that visits the property. This property already has water and electricity on premises. This would make a great place to run cattle, horses or the animal(s) of your choosing. This property is also cross fenced and has sandy loam soil. There is a barn on premises with a fenced area and chute, but does need some maintenance done to it. There is also a mobile home on premises, but is unlivable at this time. There is so much to say about this property and its potential. Nature at its best!
| |||
| Feb 20, 2026 | No longer available | - | |
| No longer available | |||
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Property Highlights
Exterior Details
Waterfront Features: Creek
Lot Features: Agricultural, Cleared, Few Trees, Acreage, Tank/ Pond, Water/Lake View
Lot Size Area: 106.96
Lot Size Units: Acres
Lot Size Acres: 106.96
Lot Size Square Feet: 4659177.6
Financial Details
Tax Annual Amount: $683
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hopkins
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Listed by: Benjamin Clark, Keller Williams Realty
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21237792
Details provided by NTREIS and may not match the public record
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21237792
Details provided by NTREIS and may not match the public record
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