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Map
3240 County Road 466 RD
About This Property
Escape to 5 acres just outside Elgin, offering the perfect canvas for a custom home or manufactured/mobile home. Dotted with mature trees and native vegetation, this property has room to spare for a workshop, animals, gardens, or all the outdoor recreation you can dream up. Electricity and water are already available, with septic needed for the site. Located minutes from Downtown Elgin, Coupland, and the new Samsung campus in Taylor, with an easy commute into Austin - this is country living without sacrificing convenience. Schedule your private tour today!
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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 18, 2026 | Listed by La Casa Realty Group | $215,000 | |
| Listed by La Casa Realty Group | |||
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Listed Office: La Casa Realty Group - Listing courtesy of Unlock MLS
Phone: (512) 697-8804
Last Updated: 2026-08-19 04:03:23
Data Source: Unlock MLS, MLS# ACT4406564
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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