1576 Highway 14 S
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 |
|---|---|---|---|
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jul 20, 2022 | Listed by Homestead & Ranch Real Estate | $300,000 | |
| Listed by Homestead & Ranch Real Estate | |||
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This beautiful 19.552 acre tract is the perfect spot to build your dream home. The land is cleared, flat/level, has good fences, a stock tank, and a beautiful piped entry into the property. It is located 2 miles South of Groesbeck on HWY 14, approx. 45 minutes to Waco, 2 hours to Austin, and 2.5 hours to Houston. Owner is willing to split up the acreage and sell in two smaller tracts of land if desired. This is a great opportunity for you to own a beautiful piece of land in a friendly country community.
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| Dec 22, 2020 | Sold | ||
| Sold | |||
| Jul 14, 2020 | Listed by Century 21 Alpha Associates | $254,900 | |
| Listed by Century 21 Alpha Associates | |||
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MOVE-IN-READY in the friendliest city in TX. Landscaped with distinguished Crepe Myrtles down the long driveway, this is home is located on a little over 4 acres less than 1 mile south of Groesbeck on Hwy 14. This property features 4 bedrooms, 2 baths, breezy covered back porch, wheelchair ramp, storage building/workshop, and very good fencing. NEW water well, pump and poly pipe draw line. NEW: water heater, toilets, sinks, light fixtures throughout, subflooring, and premium laminate flooring. ALL NEW LG refrigerator, stove, dishwasher, microwave, washer, and dryer INCLUDED. Take advantage of the country living with the convenience of being so close to Groesbeck and it's wonderful downtown, dining, and shopping. Near Lake Limestone for excellent, peaceful fishing. 40 minutes from Waco, 15 minutes from Mexia. RARE FIND! Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017