$110,000
●
Land -
Off Market
16365 Reagan Loop #6
Franklin, TX 77856
Studio
0 Bath
$588
Est. Monthly
About This Property
Bring your horses, 4-H projects, or cattle with this improved
native grass pastureland. Located just off Highway 7 and in the
highly sought-after Franklin ISD. With rolling terrain, and
productive soil, this Robertson County ranch has everything you
need. Great location to the Brazos Valley and conveniently
positioned between Houston, Dallas, Austin, & Waco. Navasota
electric is in the process of running power all along the northern
boundary. All the growth is headed this direction. This will be a
great investment as the Brazos valley continues to explode in
growth. Don't miss this opportunity to get larger acreage along a
major thoroughfare with access along a county road as well. Ag
Exempt, NO restrictions . Taxes estimated. Other tracts available,
call today for more information!
Unit Size
-
Days on Market
-
Land Size
10.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$48
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT9161479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2023 | Listed by Wright Realty LLC | $110,000 | |
| Listed by Wright Realty LLC | |||
Property Highlights
Exterior Details
Property Type: Land
Property Sub Type: Lot
Property Condition: Excellent
View Desription: Pasture, Rural
Fencing: Barbed Wire, Fenced
Lot Features: Agricultural, Public Maintained Road
Lot Size Acres: 10.26
Lot Size Square Feet: 446925.6
Water Source: None
Financial Details
Tax Year: 2021
Utilities Details
Water Source: None
Sewer : None
Utilities For Property: Electricity Available
Location Details
Directions: From Marquez, take highway 7 towards Kosse. Property at the corner of Reagan Loop Rd & Highway 7
Community Features: None
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/30/2023
|
Loft
|
-
|
-
|
$110,000
Loft
-
|
$110,000
08/30/2023
|
Joshua Morgan
United Country - Heart of Texas RE
|
Building Info
About Robertson
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Listed by: Josh Morgan
Listed Office: Wright Realty LLC - Listing courtesy of Unlock MLS
Phone: (361) 549-8874
Last Updated: 2024-10-02 06:43:10
Data Source: Unlock MLS, MLS# ACT9161479
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Wright Realty LLC - Listing courtesy of Unlock MLS
Phone: (361) 549-8874
Last Updated: 2024-10-02 06:43:10
Data Source: Unlock MLS, MLS# ACT9161479
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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