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Albany 76430
Lot 4 Fandangle Dr
$108,450
● Land - Off Market

Lot 4 Fandangle Dr

Albany, TX 76430
bedrooms
Studio
bathrooms
0 Bath
$465
Est. Monthly

About This Property

Located in serene and quiet area, this 5.5 acre lot offers the privacy and tranquility of country living, yet remains conveniently accessible to nearby schools, Albany amenities, and highways. Whether you are looking to create a private retreat, investing in future development or building a custom home, this expansive property provides the ideal location. The property has a concrete slab ( 50ft X 40 ft) that has already been put down with plumbing for a custom build. Engineer plans of the home are negotiable with the seller. A septic tank is also ready to be installed and is also negotiable.  Don't miss this great opportunity to own a piece of land where you can make it your own paradise!
Unit Size
-
Days on Market
-
Land Size
5.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1
HOA Dues
-
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: 2 years ago (NTREIS #20747356)

Price History

Date / Event Date Event Price
Apr 21, 2025 Sold
Premium
Sold
Nov 4, 2024 In contract -
In contract
Oct 14, 2024 Listed by Southridge Realty Group $94,500
Listed by Southridge Realty Group

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 10
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000005000
  • Standard Land Use Code: 9000
  • County Land Use Code: EX7
  • Legal Description 1: AB 0484 T&P BLK 11 SEC 19

Neighborhood

  • School District Name: Albany Independent School District
  • Census Tract: 950300

Geography

  • Account Number: 00010484209
  • Parcel: 14527
  • Block: 11
  • Municipality: ALBANY
  • Latitude: 32.7262
  • Longitude: -99.2983

    Address

  • Full Address: 2 Railroad St
  • Address - House Number: 2
  • Address - Street Name: Railroad
  • Address - Suffix Type: St
  • State: TX
  • City Name: Albany
  • Zip Code: 76430

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $75,434
  • Tax Rate Code Area: AC AS HD S

    Market Valuation

  • Market Total Value: $34,915
  • Market Land Value: $34,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,915
  • Assessed Land Value: $34,915

    Sales

  • Current Sale Recording Date: Jul 28, 1999
  • Current Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Albany

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$166

Above Asking

0.00%

Average Days on Market

78

Average Home Size

2086 ft²

Average Home Age

67.1 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 325 South Hwy 6, TX, 76430

$667 /mo

  • 1 Bed
  • 1 Bath
  • 1,344 ft²
325 South Hwy 6, TX, 76430 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jose Garcia, Southridge Realty Group
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20747356
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2 Railroad Street built and last sold?
The property at 2 Railroad Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Railroad Street is $95,445.
What are some comparable homes to 2 Railroad Street?
There are currently no comparable homes to 2 Railroad Street.
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