9
Map
15605 County Road 211
About This Property
A prepared construction pad sized for a double-wide manufactured home is already in place, along with an established road leading directly to the home site, allowing for convenient all-weather access. The land is fully fenced on all sides with new 4-strand and 5-strand barbed wire fencing, suitable for livestock or property management, and is accessed through a new black iron gate with H-braces.
The property offers ample space for recreational use, including hunting and wildlife enjoyment, with native cover and a quiet rural setting. Whether used as a weekend retreat, homestead, or future build site, the land provides privacy, versatility, and multiple use options.
No HOA restrictions. Conveniently located within driving distance to Brownwood and surrounding communities.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 15, 2026 | Price Decreased |
$64,500
↓ $161K
(71.3%) | |
| Price Decreased | |||
| May 14, 2026 | Price Increased |
$225,000
↑ $26K
(13.1%) | |
| Price Increased | |||
| May 14, 2026 | Relisted | $199,000 | |
| Relisted | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Price Decreased |
$199,000
↓ $26K
(11.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017