12572 County Road 237
About This Property
The primary suite includes a garden tub, separate shower, and dual closets. Additional bedrooms provide flexibility for guests, a home office, or hobbies. The former garage has been enclosed and converted into a large bonus or flex area; however, it is not currently served by the home's HVAC system and is not represented as conditioned living space.
Outside, the property features a gated driveway, mature trees, a large open yard, multiple covered parking areas, and a spacious covered back porch ideal for relaxing or entertaining. Additional garage, workshop, and storage space provides room for vehicles, equipment, or projects.
This bank-owned property needs some TLC and cosmetic updating but offers a great opportunity for a buyer to make improvements and add personal touches without taking on a complete renovation. Property is being sold AS IS, WHERE IS, with all faults.
Information contained herein is deemed reliable but not guaranteed. Buyer and Buyer's Agent are responsible for independently verifying all information, including but not limited to square footage, acreage, room dimensions, schools, taxes, utilities, restrictions, permits, property condition, HVAC service areas, and intended use. Seller and Listing Broker make no representations or warranties regarding the property. Buyer should conduct all desired inspections and due diligence prior to closing.
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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 30, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by Malone and Associates RE | $299,900 | |
| Listed by Malone and Associates RE | |||
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | Listed by Decorative Real Estate | $415,000 | |
| Listed by Decorative Real Estate | |||
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This is a charming one-story home sitting on a big lot here in Terrell ! This home features 3 bedrooms and 2 bathrooms with a kitchen that opens up to the family room, where you'll find a wood burning fire place. This home is perfect for a small family with plenty of space to play outside.Plenty of parking space and a detached storage building with a carport. Conveniently located to US 80, this property offers the best of both worlds with country privacy and access to shopping, entertainment and restaurants, 30 minute drive to Downtown Dallas. Schedule a tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017