141 County Road 126
About This Property
There are a couple of fields that have great coastal, and the landscape includes an abundance of Oak, Elm, Mesquite, and Cedar trees. There are lots of different elevations, from high vistas providing incredible views, to low valleys with creek bottoms, this ranch has a diverse natural beauty.
The perimeter fences are all in very good shape.
The property includes 2 water wells, working pens, and a storage building. Surrounding neighbors are large ranches which ensure privacy, and it's only 12 miles from Goldthwaite.
Fiber internet is available.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Mark Martin and Company, LLC | $1,458,000 | |
| Listed by Mark Martin and Company, LLC | |||
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20694564
Details provided by NTREIS and may not match the public record
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