1705 US Highway 67
About This Property
This beautifully maintained 3 bedroom, 2 bathroom farmhouse offers the perfect blend of country charm and functional horse facilities. Inside the home, you'll find warm wood accents, granite countertops, spacious rooms, large laundry room and numerous updates throughout. This home is exceptionally clean and inviting. In the living room you will find double doors that open up to a fully fenced backyard. It is shaded by mature oak trees and peaceful views of the surrounding coastal pastures.
This property is fully set up and ready to go for team roping. Features include a team roping arena, newly built metal structure for tack, feed, and storage next to 6 runs. This place has a well-designed layout for horses and livestock over 13 acres. The property offers 12 individual horse pastures with sheds, 6 runs, and a cover for roping cattle. Water is conveniently run to each pasture. There is covered hay and equipment storage area. Plenty of room for trailer parking and guests. Gated entrance, water well, coastal pastures, perimeter fenced, cross fenced fenced and room for more.
Located just one mile from town, this rare property combines the privacy of country living with quick access to local amenities. Whether you rope, train, or simply enjoy horses, this turn-key horse property is ready for you and your animals from day one. Floorplan available.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Apr 12, 2026 | Listed by Majestic Realty Group | $1,299,000 | |
| Listed by Majestic Realty Group | |||
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Jun 6, 2022 | Listed by Texas Majestic Realty, dba Majestic Realty Group | $899,000 | |
| Listed by Texas Majestic Realty, dba Majestic Realty Group | |||
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Majestic Horse Property. Less than a mile from town sits this perfect team roping ranch. Newly remodeled 3 bedroom 2 bath spacious home. Granite countertops throughout, new flooring, paint, 2 car garage and many updates. Fenced back yard. 6 stall barn. Large 30x12 tack room. Room for storage, feed, and hay in barn. Open parking and plugs for trailers. Arena set up perfect for team roping, electric to chute, lead up, catch pen and pasture for steers. 7 green pastures with sheds for horses. Pens along side the arena. All fenced for horses. Well water to all pastures and runs. Single wide, 3 bedroom 2 bath for possible rental income. Gated front entrance. Scattered trees and well manicured.
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About Erath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017