15968 & 15974 Brazos DR
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 |
|---|---|---|---|
| Dec 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 24, 2025 | Price Decreased |
$44,900
↓ $5K
(10%) | |
| Price Decreased | |||
| May 30, 2025 | Price Decreased |
$49,900
↓ $10K
(16.7%) | |
| Price Decreased | |||
| Apr 7, 2025 | Listed by Texas Legends Realty | $59,900 | |
| Listed by Texas Legends Realty | |||
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Motivated sellers have made a PRICE IMPROVEMENT!! Build your dream home on 2 beautiful lots = .68 ac in the prestigious gated community of Tanglewood. Approx. 160' frontage. Belton ISD! HOA dues is $280. per year w/ road maintenance fee of $56. per year (+1/2 on 2nd lot)= total: $504. Buyer pays for new surveys. (Seller may consider paying for 1 lot survey with a full price offer.) Community pool, club house, playground, picnic areas & basketball court available. Perfect place within the community allows one to walk to the Lake Belton to swim, picnic & fish. Schedule all showings through showing time. New entrance & new gate access in July 2024. All realtors need to set up a gate code with TPOA prior to showings. Sign location & pictures are approximate. Septic tank required and water meter from Moffat Water Supply. Electric is with Heart of Texas Co-Op. Min 1800. sf to be built. No mobile or manufactured homes. No tiny homes. This is a gated community and for the safety of the residents, all agents MUST schedule thru showing time, use their gate code access and accompany their clients. Thank you for understanding!
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| Apr 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017