265 Private Road 1728
About This Property
Beautiful 3 bedroom 2.5 bath home. Stained concrete floors, granite countertops, custom cabinets, and decorative lighting throughout. Split concept home with large master bedroom, door to back porch, separate soaking tub and shower, 2 vanities, and ample closet space. In the kitchen you will find double ovens, electric cooktop, abundance of cabinets, kitchen island, pantry, and dining area. Living room has a wood burning fireplace, customer shelves, and lots of windows. Laundry room and half bath conveniently located off the 2 car enclosed garage.
The 150x300 roping arena features a 10 foot return alley, striping chute, pens at the back of the arena, and posts already installed ready for arena lights. Equipment shed for your tractor and supplies. The acreage is fenced and cross-fenced with multiple horse pastures with water and sheds, a stock water pond for livestock, and well water for the rest of the property.
The 50x75 barn is set up with six 13x22 runs plus two 13x12 box stalls. Barn amenities include a fly spray system, tack room with saddle racks and bridle hooks, shop room, wash rack with hot water, and plenty of functional space for equipment. Two RV hookups with parking on the side. Three patience posts close to barn.
Out back, the large covered porch is the perfect place for outdoor cooking, relaxing after a long day, or simply enjoying the peaceful country setting and watching the horses.
From the custom home to the arena and barn, nearly every detail has been thoughtfully designed for the western lifestyle. Whether you're a roper, trainer, horse enthusiast, or simply looking for a well-equipped acreage property, this one offers the space and improvements to make it your own. Only minutes from the town of Stephenville in the Huckabay School district.
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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%.
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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 |
|---|---|---|---|
| Sep 13, 2026 | Listed by Majestic Realty Group | $999,000 | |
| Listed by Majestic Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017