$480,000
●
Land -
Off Market
170 CR 199
No City, TX 76864
Studio
0 Bath
$591,600
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
60 Acres with a pond, electricity hookup and water well. The
recently dug well needs to be topped off with a submersible pump
and pressure tank but has been drilled and cased. Access is
County Road 199 and has excellent perimeter fences. Terrain
is gently rolling to hilly with good cover of oaks, mesquite, and
browse for wildlife and a nice coastal field for cattle grazing or
baling. There are several good building sites with views.
Located approx. 15 miles from Goldthwaite property is
approx. 2.5 hours from the Metroplex area and San Antonio and an
hour and forty five minutes from the Austin area. Property
is currently ag exempt, all owned minerals convey and there are no
deed restrictions in place.
Unit Size
-
Days on Market
-
Land Size
60.00 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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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: 5 months ago (NTREIS #14597975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by TEXAS REAL ESTATE SALES | $256,000 | |
| Listed by TEXAS REAL ESTATE SALES | |||
| | |||
|
32 beautiful acres in Mills County now available. This property boasts live oaks, post oaks, mesquite, hackberry and elm trees. Rolling terrain and great cover with incredible views make this land very desirable. Build your dream home here or a cabin for weekend getaways. The possibilities are endless. Property has a separate electric meter already in place, a well and high speed internet.
| |||
| Jun 10, 2021 | Listed by GEORGIA DEEDS REAL ESTATE | $574,500 | |
| Listed by GEORGIA DEEDS REAL ESTATE | |||
| | |||
|
60 Acres with a pond, electricity hookup and water well. The recently dug well needs to be topped off with a submersible pump and pressure tank but has been drilled and cased. Access is County Road 199 and has excellent perimeter fences. Terrain is gently rolling to hilly with good cover of oaks, mesquite, and browse for wildlife and a nice coastal field for cattle grazing or baling. There are several good building sites with views. Located approx. 15 miles from Goldthwaite property is approx. 2.5 hours from the Metroplex area and San Antonio and an hour and forty five minutes from the Austin area. Property is currently ag exempt, all owned minerals convey and there are no deed restrictions in place.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Mills
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Listed by: Georgia Deeds, GEORGIA DEEDS REAL ESTATE
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14597975
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14597975
Details provided by NTREIS and may not match the public record
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