1609 N Brazos Avenue
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 |
|---|---|---|---|
| Jul 11, 2026 | Listed by Keller Williams Johnson County | $43,000 | |
| Listed by Keller Williams Johnson County | |||
| Jun 8, 2026 | No longer available | - | |
| No longer available | |||
| Jun 2, 2026 | Price Decreased |
$43,000
↓ $2K
(4.4%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$45,000
↓ $4K
(8.2%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by Keller Williams Johnson County | $49,000 | |
| Listed by Keller Williams Johnson County | |||
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Seller is offering $2,000 in concessions to help cover buyer's closing costs. Terms are negotiable — bring all offers!!
Excellent opportunity to build your dream home or investment property on this level, cleared residential lot in the heart of Cleburne. Located in an established neighborhood, this property offers a blank canvas with city utilities available at the street. You will love the convenience of being just minutes from local schools, downtown shopping, and dining with easy access to major thoroughfares. Whether you are a builder looking for your next project or a homeowner ready to design a custom space, this lot is ready for your vision. Buyer to verify all utilities, building codes, and school information.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017