10 ACRES @16420 MERGELE RD
About This Property
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2023 | No longer available | - | |
| No longer available | |||
| Sep 27, 2023 | Price Decreased |
$2,300,000
↓ $450K
(16.4%) | |
| Price Decreased | |||
| Jul 10, 2023 | Listed by South Texas Realty, LLC | $2,750,000 | |
| Listed by South Texas Realty, LLC | |||
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Welcome to this country retreat minutes away from San Antonio. 125-acre farm near the charming town of St Hedwig, offers a blend of natural beauty, spacious living, & endless possibilities. Majestic Grand Oak tree in the backyard. TX limestone home crafted in 2001. 2965+/- SF, 3 bedrooms, downstairs master, 2.5 baths, large kitchen, breakfast room, formal dining, living, cathedral ceilings, a mud room with storage, home office & upstairs loft & wet bar. Wrap-around porch, views of pecan orchard, lily ponds, heritage oaks. Ultimate party barn 2,200+/- SF w/bar, rock gas fireplace, bunk room, full bath, loft. State-of-the-art indoor shooting range w/pulley system, ballistic protection, safety controls, proper ventilation, acoustic isolation & lighting. Restored mid-19th-century log cabin for home office or guests. 3-car garage. Stock tank for fishing, field with grain to attract dove for hunting. Two wet-weather creeks. This property offers a multitude of potential. The manager has listed the unit size as 2768 square feet.
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| Jun 29, 2023 | Price Decreased |
$2,750,000
↓ $249K
(8.3%) | |
| Price Decreased | |||
| Jun 23, 2023 | Listed by South Texas Realty LLC | $2,999,000 | |
| Listed by South Texas Realty LLC | |||
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Welcome to this picturesque country retreat just minutes away from San Antonio, Texas. Situated on a sprawling 93 acre farm near the charming town of Saint Hedwig, this property offers a remarkable blend of natural beauty, spacious living, and endless possibilities. The centerpiece of this remarkable estate is the majestic Grand Oak tree gracing the backyard, captivating with its grandeur and providing a picturesque backdrop for your daily life. Nestled at the end of a tree-lined driveway, you'll discover the main residence-a Texas limestone home meticulously crafted in 2001. Boasting 2965 +/- SF of living space, this residence features 3 bedrooms, including a convenient downstairs master suite, 2.5 baths, a large kitchen and breakfast room, a formal dining room, a living room with cathedral ceilings, a mud room with ample storage, closets, a private home office, and an upstairs loft area with a wet bar. Experience the beauty of Texas countryside living as you lounge on the expansive 1,000 +/- SF wrap-around covered porch, where cool breezes, breathtaking sunrises and sunsets, and panoramic views of the pecan orchard, lily ponds, heritage oaks, mustang grape-covered arbor, and the vast blue sky create an enchanting atmosphere. For those seeking entertainment and unforgettable moments, the ultimate party barn awaits. Spanning approximately 2,200 SF, this versatile space is designed to host the best days of your life. It features a full-service bar with custom cabinets and counters, a beautiful rock gas fireplace, a bunk room, a full bath, a possible billiards loft, and incredible habitat displays and wall space, perfect for showcasing your prized animal mounts and trophies. Truly the ultimate man cave or entertainment area to compliment the home. Indulge in the thrill of shooting at the state-of-the-art indoor shooting range, ensuring endless hours of enjoyment for you and your guests. Complete with pulley system, ballistic protection, safety controls, proper ventilation, acoustic isolation and appropriate lighting, the indoor gun range will be a favorite of all visitors. The beautifully landscaped grounds and gardens, complemented by a stone fire pit and outdoor cooking area, provide a delightful setting for picnics and gatherings, allowing you to make cherished memories with loved ones. An added gem on the property is a meticulously restored mid-19th-century log cabin which can be used as a home office but offering yet another space for guests. The drive-through 3-car garage offers abundant room for tandem-parked vehicles, toys, workshop areas, hobbies, and storage. For outdoor enthusiasts, the property features a nearby stock tank, perfect for fishing, and the adjacent field, where grain crops attract dove for hunting. Additionally, two serene wet-weather creeks further enhance the natural allure of the land. With its remarkable features, including the unique party barn and stunning surroundings, this property offers a multitude of potential uses beyond its current residential status. Don't miss the opportunity to embrace the country lifestyle while being conveniently close to San Antonio. The manager has listed the unit size as 2768 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017