1304 Trout Road
About This Property
Opportunity knocks at 1304 Trout Rd in Hutchins! This property sits on a generously sized lot with plenty of room to build, expand, or reimagine. Surrounded by mature trees and offering a quiet, open setting, the land itself is the true highlight here.
The existing structure is in distressed condition and not currently livable, making this an ideal project for investors, builders, or buyers looking for a full renovation or teardown opportunity. With utilities in place and a desirable location just minutes from major highways and the Dallas metro area, the potential here is undeniable.
Whether you're looking to build new, place a manufactured home, or take on a full rehab, this property provides a rare chance to create value in a growing area.
Property highlights:
Large lot with open space and mature trees
Quiet, established area with nearby residential development
Easy access to highways, schools, and city amenities
Endless potential for redevelopment or investment
Sold as-is. Cash or investor financing recommended.
Bring your vision and unlock the possibilities
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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by Orchard Brokerage | $110,000 | |
| Listed by Orchard Brokerage | |||
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About Hutchins
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Last Updated: 7 months ago
Data Source: NTREIS MLS, MLS# 21230590
Details provided by NTREIS and may not match the public record
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