Tract 2 S Hwy. 287 Acess Road
About This Property
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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 |
|---|---|---|---|
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 3, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | Listed by HomeLand Properties, Inc | $349,825 | |
| Listed by HomeLand Properties, Inc | |||
| | |||
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Property adjoins Davy Crockett National Forest with US Highway 287 frontage. Selectively harvested acreage with scattered hardwood trees. Gently rolling topography with a small pond located within. Unrestricted and suited for multi-purpose usage - industrial, leisure ranch, pasture conversion, recreational hunting, residential, timber. Adjoining out tract off Highway 287 is a water company water well. Electric and water available. Aerial imagery does not acurately illustrate tree coverage.
| |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About Waxahachie
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,250 /mo
- 2 Beds
- 1 Bath
- 725 ft²
$1,850 /mo
- 3 Beds
- 1 Bath
- 988 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017