Lot 7 Lone Star Drive
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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| May 16, 2024 | No longer available | - | |
| No longer available | |||
| Jan 16, 2024 | Listed by Home Trend Realty | $27,900 | |
| Listed by Home Trend Realty | |||
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Welcome to Saddle Ridge Estates - Enjoy the tranquility of this unique location while still relishing the convenience of easy access to a larger city such as Abilene. Prepare to be captivated by the breathtaking views that span across endless miles, all from the privacy of your own 1.84-acre haven, conveniently situated just 20 minutes from Abilene. Public water and electricity are available to be tapped into. This is the sole available lot in the entire subdivision, making it an unparalleled opportunity. Don't miss out on this chance of a lifetime. Secure your slice of serenity today! Neither Seller or listing agent has verified the information provided or makes any warranties, representation, or guarantees as to accuracy of the data listed. The provided information is deemed reliable but not guaranteed. Please make sure to do your own due diligence and verify all information and restrictions.
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| May 11, 2019 | Listed by Berkshire Hathaway HS Stovall | $25,000 | |
| Listed by Berkshire Hathaway HS Stovall | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017