1301 Private Road 2120
About This Property
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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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by Keller Williams Johnson County | $110,000 | |
| Listed by Keller Williams Johnson County | |||
| Dec 9, 2025 | No longer available | - | |
| No longer available | |||
| Jun 7, 2025 | Listed by Golden Legacy Realty | $130,000 | |
| Listed by Golden Legacy Realty | |||
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Crossbow Ranch is located at the top of the hill in Meridian, Texas. The wildlife approved exemption ranch covers over 1,000 acres and is located within a gated community. It is protected by a high fence to ensure security and privacy for all property owners. About 650 acres are nature preserves for hunting and fun, and about 350 acres are private lots. This wildlife exemption 10-acre tract does not include hunting rights, but non-hunting property owners have full access to the rest of the amenities: 650 acres of preserve, ATV trails, horses, fishing, hiking, skeet, rifle, pistol shooting range, and a clubhouse for gatherings. Even if you're not ready to build, owners still have access to all these amenities. The property taxes are very low, being a wildlife exempt tract, making it affordable to own this land. In addition, there is an annual homeowner’s association fee to help maintain the community and shared amenities. If you love the outdoors and wildlife, Crossbow Ranch could be the perfect place for you and your family to call home—or even your getaway spot. Come visit the ranch in Meridian, Texas, with your realtor, and see it for yourself. You may make it your own.
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| May 29, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed by Longmire Group | $39,000 | |
| Listed by Longmire Group | |||
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10 Acre interior Recreational Lot in Crossbow Ranch. This lot does not include Hunting Rights but has full access to the 650 preserve, fishing, horse, hiking, and ATV trails. The ranch is at the top of the hill country boasting views of scenic rolling hills. Gated community 4 miles West on HWY 6 from Meridian. Just a short drive from all metropolitan areas. Co-op water and electric available. Watch White Tail, Axis, Black Buck, Fallow deer, and Red Stag roam the ranch. Common areas maintained by professional ranch management company. Bring your toys and just show up and enjoy the ranch. Great place to build a cabin or you home and enjoy the peace and quiet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017