3311 N Texas Highway 55
About This Property
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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 10, 2026 | Listed by Keller Williams Realty | $999,999 | |
| Listed by Keller Williams Realty | |||
| Apr 14, 2026 | Price Decreased |
$999,000
↓ $101K
(9.2%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by Keller Williams Realty | $1,100,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to Nomad Ranch, located on the Nueces River, on Hwy 55 between Barksdale and Camp Wood. Nomad Ranch is an idyllic 8.19 acres with over 300 feet of stunning secluded Nueces River frontage. There are two homes on the property; one is 1232 sq ft, as well as a 640 sq ft tiny home. Both homes are currently on Airbnb with consistent rental income, making it the ideal income producing property. The tiny home has 3 BR/1 BA and has a full kitchen, living room and a front porch overlooking the river. The main home also has 3BR/1BA with full kitchen, dining room, living room and sitting room. Outside the back doors is a expansive patio complete with seating and dining table, perfect for taking in the beautiful Nomad sunsets and watching the wildlife. Nomad offers rustic relaxation under the many amazing oaks, breathtaking views, wildlife watching and the crystal-clear running waters and natural springs of the Nueces! Wildlife includes abundant free-ranging Axis deer, whitetail deer and turkey. The property has irrigation rights to the Nueces.
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| Sep 16, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2020 | Listed by Keller Williams Realty | $470,000 | |
| Listed by Keller Williams Realty | |||
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This beautiful property is located on the Nueces River, with frontage on HWY 55 between Barksdale and Camp Wood, TX. Its size and affordability make it rare for the area and attractive as a family retreat, rental, or family recreational property. The crystal clear, spring fed Nueces River flows along the western boundary for approximately 575' offering great recreation, fishing, and abundant free-ranging axis deer, whitetail deer and turkey. The property has irrigation rights from the Nueces.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017