2800 County Road 127
About This Property
As you enter the property through the front gate, a sense of peace and tranquility washes over you. A charming old farmhouse, dating back to the late 1800s, beckons you to restore it to its former glory. With four bedrooms and one half-bath, this historic dwelling is an exceptional canvas awaiting your personal touch. Positioned nearly half a mile from the entrance, the farmhouse offers privacy and seclusion, allowing you to fully immerse yourself in the serene surroundings. Several usable outbuildings scattered across the property provide ample space for storing tools and equipment, ensuring that all your ranching needs are met. Nature enthusiasts and hunters alike will find their piece of paradise within the borders of this property. The southern half of the acreage boasts an incredibly dense brush, creating an untouched sanctuary teeming with wildlife. Immerse yourself in the thrill of the hunt as you pursue prime Texas whitetail, turkey, dove, ducks, and more. Multiple fishing ponds and tanks dot the landscape, inviting you to cast a line and experience the joy of reeling in a prized catch. And for those with a green thumb, an enchanting orchard awaits.
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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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Bar T Realty, LLC | $1,342,600 | |
| Listed by Bar T Realty, LLC | |||
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Nestled on a sprawling 274± acres near the charming community of May, Texas, this property presents an extraordinary opportunity to own a remarkable piece of countryside paradise. Encompassing frontage on County Road 127 and 131, Robertson Farm boasts a diverse landscape that caters to a multitude of potential uses. Whether you envision a thriving cattle ranch, a haven for outdoor enthusiasts, or a serene rural homestead, this property has it all. A charming old farmhouse, dating back to the late 1800s, beckons you to restore it to its former glory. With four bedrooms and one half-bath, this historic dwelling is an exceptional canvas awaiting your personal touch. The farmhouse offers privacy and seclusion and several usable outbuildings scattered across the property. There is an electric water well and single-phase electricity located near the farmhouse. Multiple fishing ponds and tanks dot the landscape.
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| Jun 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017