153 Suzanne Drive
About This Property
- Small street that ends in a cul-de-sac no drive-by-traffic, just a couple of quiet neighbors.
- Existing neigborhood consists of mostly larger acreage lots, no mass developments here or nearby. Your yard and view will not change, it is beautiful now and will continue to be.
- Both lots are listed separately.
- Pictures included in both listings are the same and contain views of both 153 and 161 Suzanne Drive.
- We have a survey in hand and pins in place. Also survey stakes every 20ft around the property line where there are neighboring properties (except for the front street where it connects with 161 Suzanne Dr). Easy to know where your property lines are.
- Brand new (unused) 2024 Lone Star Structures Shed 10FT X 12 FT - delivered and leveled.
- Enjoy dry creeks and beautiful trees including mature pecan.
- Under brush and excess cedar has been partially cleared for workshop, small home or just a place to relax in nature.
- A must see if you are looking for peace and tranquility!
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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 1, 2026 | Price Decreased |
$60,000
↓ $3K
(4%) | |
| Price Decreased | |||
| Jul 5, 2024 | Listed by Kelly, Realtors | $62,500 | |
| Listed by Kelly, Realtors | |||
| Aug 29, 2023 | Sold | ||
| Sold | |||
| May 24, 2022 | Listed by Kelly, Realtors | $57,000 | |
| Listed by Kelly, Realtors | |||
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Mclennan County appraisal district property number is 412312. The taxes are approximate from the information of last year. The seller will provide a water meter for the property.
Possible owner finance with 10% down and 9% interest rate for 5 years.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017