315 Lookout Point
About This Property
Relish in magnificent Texas sunset views on multiple hilltop patios. Seller offering $25,000 in concessions with acceptable offer for rate buy down, addition & or closing costs.
Enjoy High end appliances, including an ILVE Majestic vintage dual fuel cooktop oven from Italy
Locally hand crafted exquisite burr oak doors, red cedar flooring and wood accents throughout
Custom double pane windows and doors provide an abundance of natural light
Peace of mind with the security of a safe room
Multiple RV hookups
12x20 shop, tack room and 12x24 run-in shed.
Generous pasture w panel gate
Highly desired Horseman's Ranch offers a gated entry, indoor arena and lighted outdoor arena w miles of scenic trails some of the highest elevations in Erath County!
1 hr. from Ft. Worth
This Santa-Fe style home boasts complimentary drought-tolerant landscaping
lookoutviewranchette.com
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by All Cities USA, Inc | $685,000 | |
| Listed by All Cities USA, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017