0 FM 2049
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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 |
|---|---|---|---|
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 19, 2026 | Price Increased |
$143,000
↑ $8K
(5.9%) | |
| Price Increased | |||
| Mar 3, 2026 | Listed by Luxe Real Estate services | $135,000 | |
| Listed by Luxe Real Estate services | |||
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Prime 10.01 acre tract with excellent frontage on HWY 72 in Three Rivers, TX. This property offers outstanding visibility and accessibility, making it ideal for commercial, investment, or residential development. With generous highway frontage and easy access, it provides the perfect foundation for someone ready to build their future. Imagine designing your custom home with space for a workshop, barn, guest house, or business headquarters-all on your own private acreage. Ten acres gives you the freedom to create a family compound, establish a homestead, bring livestock, start a small business, or develop an income-producing venture such as RV spaces, storage, or commercial frontage use (buyer to verify restrictions). The level terrain allows for easier construction and site planning, while the highway exposure adds long-term investment value. Whether you're looking to build generational wealth, expand your business footprint, or secure land in a steadily growing corridor, this property delivers flexibility and opportunity. Conveniently located just minutes from town and near Choke Canyon Lake, this tract combines lifestyle, accessibility. Don't miss the chance to own acreage where you can truly build your vision from the ground up.
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| Aug 25, 2025 | Listed by Dockery + Associates | $170,500 | |
| Listed by Dockery + Associates | |||
| Jan 14, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017