Your rural farm dreams are at hand! Welcome home to this 5 acre
slice of Texas paradise with ag expemtion & offering endless
possibilities for horses, cattle operations with pens and chutes
already in place, seasonal tank, a shop with electricity, stalls
and a tack or feed room, plus a greenhouse creating opportunity
galore. This unique home blends the charm of an early 20th century
historic residence with 1,700 square feet of thoughtfully added
modern space completed in 2009. Inside you will find two full
primary bedrooms with en suites and exceptional storage including
cedar closets, dual sinks, a jetted relaxation tub, and fresh
carpet, while the split design provides added privacy. An
additional secondary bedroom showcases gorgeous French door details
and abundant natural light. Entertain with ease in the expansive
open concept living, dining, and kitchen space surrounded by
windows that fill the home with warmth and natural light. A corner
pellet fireplace creates both ambiance and comfort, while the
stunning kitchen features handcrafted solid wood cabinetry, a sleek
solid surface cooktop, and convenient double ovens perfect for
cooking for a crowd. Storage is abundant throughout including a
spacious mud and laundry room complete with extensive cabinetry,
sink, counter space, and folding area, plus a full third bathroom
with convenient backyard access. Just beyond the oversized covered
patio you will find the fully fenced yard, the perfect place to
cook out and sip tea with loved ones. Bring your hunting blinds and
feeders and make this the place family and friends will gather for
recreation, relaxation, and opportunity surrounded by some of West
Texas' prettiest rural settings! (Recently pumped septic & new roof
for extra piece of mind!)
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.
Your rural farm dreams are at hand! Welcome home to this nearly 40 acre slice of Texas paradise with ag expemtion & offering endless possibilities for horses, cattle operations with pens and chutes already in place, three tanks, fencing and cross fencing, coastal fields, a shop with electricity, stalls and a tack or feed room, plus a greenhouse creating opportunity galore. This unique home blends the charm of an early 20th century historic residence with 1,700 square feet of thoughtfully added modern space completed in 2009. Inside you will find two full primary bedrooms with en suites and exceptional storage including cedar closets, dual sinks, a jetted relaxation tub, and fresh carpet, while the split design provides added privacy. An additional secondary bedroom showcases gorgeous French door details and abundant natural light. Entertain with ease in the expansive open concept living, dining, and kitchen space surrounded by windows that fill the home with warmth and natural light. A corner pellet fireplace creates both ambiance and comfort, while the stunning kitchen features handcrafted solid wood cabinetry, a sleek solid surface cooktop, and convenient double ovens perfect for cooking for a crowd. Storage is abundant throughout including a spacious mud and laundry room complete with extensive cabinetry, sink, counter space, and folding area, plus a full third bathroom with convenient backyard access. Just beyond the oversized covered patio you will find the fully fenced yard, the perfect place to cook out and sip tea with loved ones. Bring your hunting blinds and feeders and make this the place family and friends will gather for recreation, relaxation, and opportunity surrounded by some of West Texas’ prettiest rural settings! (Recently pumped septic & new roof for extra piece of mind!)
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