132 River Shoals Drive
About This Property
Enjoy the perks of agricultural exemption with existing bee hives that can be acquired separately, ensuring continued benefits while maintaining the natural beauty of the land. Plus, with access to the Lampasas River, your family can indulge in leisurely days by the water, creating memories to last a lifetime. Whether you're seeking serenity or adventure, this property offers the ideal canvas for realizing your dreams. Schedule your viewing today and start planning your escape to paradise!
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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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Bar T Realty, LLC | $169,500 | |
| Listed by Bar T Realty, LLC | |||
| Nov 29, 2023 | No longer available | - | |
| No longer available | |||
| Jun 17, 2023 | Listed by eXp Realty LLC | $189,900 | |
| Listed by eXp Realty LLC | |||
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For the wildlife lover, this will be your heaven. This 6.78 acreage sits in the middle of 1500+ acres of a former exotic game ranch. Besides the humans, your neighbors will be black buck, red stag, gemsbok as well as native species including white tale deer, jackrabbit, wild turkey, and dove. The Property has an electricity pole available as well as a test well on site. The ranch has access to the Lampasas River via the community park with two covered patio areas making it a perfect place for friends and family gatherings. It is centrally located between Killeen, Copperas Cove, Lampasas, Fort Cavazos aka Fort Hood, and just an hour's drive to north Austin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017