TBD State Highway 21 W (+/-21.8 acres)
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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Home & Ranch Real Estate | $545,000 | |
| Listed by Home & Ranch Real Estate | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 11, 2025 | Listed by Home & Ranch Real Estate | $630,000 | |
| Listed by Home & Ranch Real Estate | |||
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Twenty-One acres with over 1,000 ft of PRESIDENTIAL CORRIDOR / State Hwy 21 frontage. Just minutes west of Caldwell, TX and only 30 minutes west of TEXAS A&M's RELLIS CAMPUS, this property is nicely suited for multiple uses. Gently rolling terrain, fencing, small pond and nice buffering hardwoods along the west side - the pieces come together nicely to make this property a special find. Versatile, Visible and Flexible use - a nice package in Burleson County!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017