6
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16318 Longhorn Lane
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 |
|---|---|---|---|
| Feb 16, 2026 | Listed by Keller Williams Realty Chico Area | $16,500 | |
| Listed by Keller Williams Realty Chico Area | |||
| Jul 2, 2025 | Listed | $23,500 | |
| Listed | |||
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Welcome to 16318 Longhorn Ln, a picturesque 1.41-acre parcel nestled in the peaceful Rancho Tehama community, where wide open skies and the tranquility of country living set the tone for your future dream property. Whether you’re ready to build your custom ranch-style home or simply looking for a smart investment in Northern California land, this property offers the space, setting, and potential you’ve been waiting for. Set against a gently rolling landscape and framed by mature trees, this lot provides the perfect backdrop for a variety of possibilities: a spacious home, barn, garden, workshop, pool, or even your own outdoor entertaining retreat. With utilities nearby, the groundwork is in place to bring your vision to life, whether you’re building now or planning for the future. Located within the Rancho Tehama Association, you’ll enjoy access to community amenities like a neighborhood park, the future community pool (currently under construction), and the nearby Rancho Tehama Fire Department, offering both recreation and peace of mind. If you’re dreaming of a peaceful weekend escape, a self-sustaining homestead, or a quiet place to set down roots, 16318 Longhorn Ln delivers flexibility, privacy, and the charm of rural living, all within reach of Corning’s local conveniences. Come explore the land, breathe in the fresh air, and let your imagination take the lead.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017