2612 Vz County Road 2414
About This Property
The 3-bedroom, 2-bath farmhouse features classic Texas charm and a functional layout, with a welcoming kitchen offering ample countertop space, a full-size laundry room, and a guest bathroom with granite countertops and a walk-in shower. The home has served as a reliable rental for the current owner and is ready for its next chapter.
Additional highlights include a workshop with electricity-ideal for projects or storage-and perimeter fencing around the entire property. The property is on a private well, offering added appeal for those seeking off-grid potential or a more self-sufficient lifestyle.
Whether you're looking for a quiet homestead, investment property, or land to build your dream home, this versatile piece of East Texas offers value, space, and a desirable location. There is a 50 ft wide easement through property to Atmos Energy. Contact Agent for Plat.
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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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Ebby Halliday Realtors | $299,000 | |
| Listed by Ebby Halliday Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017