26
Map
21096 Hereford Way
About This Property
Escape the hustle and bustle and build your dream retreat on this stunning 10.145-acre wooded lot, tucked away in the peaceful countryside of Cleveland, Texas. With towering trees, natural beauty, and serene privacy, this expansive property offers the perfect canvas for your vision-whether it's a custom home, a weekend getaway, a family compound, or recreational use. Located in a growing area with easy access to Hwy 105 and just minutes from town conveniences, this property offers both seclusion and accessibility.
Located in the charming Peach Creek Plantation subdivision, the property offers access to community fishing lakes and parks-perfect for those who appreciate outdoor living. While mobile homes are not permitted, the HOA does allow horses, making it an ideal setting for your custom-built dream home with a touch of country charm.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 27, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Listed by Covington Signature Realty LLC | $230,000 | |
| Listed by Covington Signature Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017