12185 Hwy 36
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 31, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Feb 11, 2026 | No longer available | - | |
| No longer available | |||
| Aug 20, 2025 | Price Decreased |
$1,075,000
↓ $75K
(6.5%) | |
| Price Decreased | |||
| Mar 16, 2025 | Listed by Keller Williams Realty | $1,150,000 | |
| Listed by Keller Williams Realty | |||
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Mock Ranches is pleased to present this unique 22.95 acre tract with approximately 635 feet of frontage along Airport Road (Highway 36). Offering a prime location, relatively flat, with no restrictions, this parcel is well suited for commercial or residential development.
Located approximately 4.5 miles from the Draughon-Miller Regional Airport, this property allows easy access to the major corridors in an around the Temple area. The total acreage is the sum of two tracts being offered as one listing.
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| Oct 10, 2024 | Listed by Wes Walters Realty, Inc | $1,195,850 | |
| Listed by Wes Walters Realty, Inc | |||
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Listed Office: Wes Walters Realty, Inc - Listing courtesy of Unlock MLS
Phone: (512) 345-2060
Last Updated: 2026-03-31 04:08:13
Data Source: Unlock MLS, MLS# ACT1879923
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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