1630 County Road 2320
About This Property
Designed to take advantage of the peaceful setting, the property includes three spacious porches and expansive decking, ideal for relaxing, entertaining, or enjoying panoramic views of the beautiful Sabine River bottoms. Additional improvements include a durable metal roof, private water well, pole barn, carport, and a stock pond.
The versatile acreage offers a desirable combination of open pasture and natural terrain, making it well suited for livestock, horses, hunting, fishing, recreation, or future improvements. Maintained blacktop county road frontage provides convenient year-round access while preserving the property's tranquil rural atmosphere.
For those seeking additional land, the adjacent 20.36-acre tract is also available for purchase, creating an exceptional opportunity for expanded acreage, additional agricultural use, or long-term investment. Together, these properties offer flexibility and room to grow while remaining just minutes from town, providing the convenience of nearby amenities without sacrificing the peace and beauty of country living.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$649,000
↓ $70K
(9.7%) | |
| Price Decreased | |||
| Jul 19, 2026 | Price Decreased |
$719,000
↓ $40K
(5.3%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$759,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$779,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by Mission Real Estate Group | $785,000 | |
| Listed by Mission Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017