1521 Tranquility Trail
About This Property
Discover the perfect opportunity to build your dream home in a growing and established neighborhood within the highly sought-after Midway ISD! This cleared lot is ready for construction, offering a fantastic location with convenient access to schools, shopping, and dining.
Whether you're looking to design a custom home or invest in a thriving community, this property is an excellent choice.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$45,000
↓ $20K
(30.8%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed by EG Realty | $65,000 | |
| Listed by EG Realty | |||
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About West Waco
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Last Updated: 14 days ago
Data Source: NTREIS MLS, MLS# 229365
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017