1799 Old Garner Road
About This Property
Agg exepmted with an existing well, electricity available, a completed slab with a custom floor plan and access to the property from both Old Garner Rd and Old Mineral Wells Hwy. In the country but close to shopping, restaurants, and everyday conveniences of Weatherford, with Mineral Wells nearby as well.
Whether you're ready to build now or looking for land to hold onto while you plan your future, this is an opportunity to create something that's truly yours.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by eXp Realty LLC | $700,000 | |
| Listed by eXp Realty LLC | |||
| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
| Mar 8, 2020 | Listed | $489,000 | |
| Listed | |||
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this 23.86 acres is just outside city limits to build your dream home, and shop on. NO HOA. Property is just a couple minutes from downtown weatherford, and interstate 20. This property if pretty flat giving you endless options where to build. This land was formerly 2 tracks 12.41 acres and 11.45. Seller is willing to divide the property back if you are looking for 11-13 acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017