38
Map
2501 County Road 228
About This Property
The property is fully set up and ready for its next owner. The beautiful two-story home features spacious front and back porches, surrounded by mature trees that provide privacy and shade.
A large metal shop offers plenty of room for equipment, toys, and even hold an RV. The shop also includes a second kitchen, perfect for BBQ prep or hosting gatherings. In addition, there's a separate 400+ sq. ft. party room or creative space-ideal for arts and crafts-with its own mini kitchen.The ranch is well-equipped with several barns and sheds for livestock, equipment, and storage. A water well services the property and helps support livestock operations. Multiple pastures and crop fields make it easy to rotate cattle and manage grazing.
If you've been waiting for the right piece of Texas land, this could be it. Come on down, pass through the gate, cross the cattle guard, and see for yourself if this ranch is the perfect fit.
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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 |
|---|---|---|---|
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by Farrington Realty | $2,700,000 | |
| Listed by Farrington Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017