2516 County Road 1301
About This Property
Escape to the tranquil charm of East Texas with this serene 10.28-acre property located just outside Rusk in picturesque Cherokee County. This beautiful piece of countryside offers an inviting combination of comfort, functionality, and rural charm. Nestled within the expansive property is a cozy 1,504 square foot pier and beam home featuring 3 bedrooms and 2 bathrooms. The residence offers a warm and inviting atmosphere perfect for family living. Conveniently located within the Rusk Independent School District, this home provides an excellent environment for enjoying small-town comforts. Equine enthusiasts will be delighted with the property's well-equipped horse barn, complete with horse stalls, a roping pen, and two catch pens. The entire property is fully fenced and cross-fenced, ensuring security and easy management of livestock. The open pastures offer ample grazing space, ideal for maintaining horses or other animals. Rest easy knowing this property is not in a flood zone, adding peace of mind and protection. Additionally, the low annual tax rate enhances the property's affordability. With approximately 682 feet of road frontage along County Road 1301, the land offers convenient access and excellent potential for multi-family living or expansion opportunities. Your Texas Countryside Dream Awaits: Whether you're looking to start a homestead, expand your livestock operations, or simply enjoy the peaceful rural lifestyle, this exceptional property offers limitless possibilities. Don't miss out on the chance to own your personal slice of Texas country living!
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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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Sep 7, 2025 | Relisted | $335,000 | |
| Relisted | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$335,000
↓ $15K
(4.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017