201 Main Street
About This Property
Located just minutes from Waxahachie, Maypearl offers the charm and tranquility of a small country town while still providing convenient access to city amenities. This growing area combines a peaceful setting with strong potential for business visibility and community engagement.
Whether you're looking to start a new venture or expand an existing one, these lots present a unique opportunity in a prime, accessible location.
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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 |
|---|---|---|---|
| Apr 18, 2026 | Listed by Ebby Halliday, REALTORS | $150,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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About Maypearl
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Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21242306
Details provided by NTREIS and may not match the public record
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