15
Map
TBD FM 180
About This Property
The property features a desirable mix of open and wooded acreage with mature trees and a seasonal creek creating a peaceful country setting. Electricity is already on site, and city water is available, providing a valuable head start for a future home, cabin or getaway.
A shipping container provides convenient on-site storage, and a 2022 Chaparral RV offers the opportunity to begin enjoying the property right away. Both are negotiable with the sale or may be removed by the sellers.
The adjoining 3.26-acre property with a 3-bed/2.5-bath home is also available. See MLS#51137907. Purchase both for the opportunity to own approximately 10.61 acres near the lake!
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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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by United Country Real Estate - Market Realty | $183,000 | |
| Listed by United Country Real Estate - Market Realty | |||
| May 24, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by Noble Smith Realty | $185,000 | |
| Listed by Noble Smith Realty | |||
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Discover a rare gem in the heart of the Giddings area with this exquisite 10-acre property now available for sale. Boasting a fenced perimeter, this parcel offers a harmonious blend of open pasture land at the front and secluded wooded areas towards the rear. Whether you envision a serene country estate, a private retreat surrounded by nature, or agricultural pursuits, this versatile property can accommodate your dreams. Embrace the tranquility of rural living while still enjoying convenient access to nearby amenities. Seize this opportunity to own your slice of paradise in the picturesque landscape of Giddings!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017