138 Private Road 5493A
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 15, 2026 | Price Decreased |
$29,999
↓ $5K
(14.3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Harrell Realty Company | $35,000 | |
| Listed by Harrell Realty Company | |||
| Jul 30, 2026 | Price Decreased |
$149,997
↓ $15K
(9.1%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Gingrich Group, LLC | $164,997 | |
| Listed by Gingrich Group, LLC | |||
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Experience the ultimate blend of modern living and rural freedom in this brand-new, 3-bedroom, 2-bathroom home perfectly situated on .67 unrestricted acres. Located along the convenient Hwy 14 corridor between Groesbeck and Mexia, this property offers the rare opportunity to enjoy a fresh, contemporary interior while maintaining the liberty to use your land exactly how you wish—whether that means building a workshop, starting a garden, or simply enjoying the Texas sunset. The home features a bright, open-concept layout and a spacious primary suite, all nestled on a generous lot that provides plenty of elbow room without sacrificing proximity to local amenities. This is a turnkey opportunity for anyone seeking a peaceful, private lifestyle with no HOA or restrictions to hold them back.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017