3321 County Road 457
About This Property
No Restrictions makes this property an exceptional opportunity for investors, developers, or those dreaming of their own private Texas escape. Thoughtfully cross-fenced, the acreage is already divided into functional sections ideal for livestock, recreation, or future improvements.
A large workshop provides abundant space for equipment, hobbies, or business use, while the charming guest weekend home offers a cozy retreat for relaxing after a day on the land.
Scattered throughout the property, beautiful ponds shimmer under the Texas sky, serving as a natural gathering place for wildlife and providing a valuable water source for livestock. Towering trees offer shade and tranquility, enhancing the peaceful atmosphere that makes this property truly special.
Whether you're looking to build a private ranch, create a recreational getaway, or explore development potential, this Thorndale gem delivers the rare combination of natural beauty, functionality, and endless possibilities
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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 |
|---|---|---|---|
| Mar 31, 2026 | Listed by Keller Williams Realty | $1,600,000 | |
| Listed by Keller Williams Realty | |||
| Mar 12, 2026 | Listed by Keller Williams Realty | $1,600,000 | |
| Listed by Keller Williams Realty | |||
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Rare opportunity! 58 unrestricted acres in Thorndale, Texas offering the perfect blend of open pasture, mature trees, and scenic ponds that attract abundant wildlife. The property is thoughtfully cross-fenced for livestock or recreation and includes a large workshop ideal for equipment, hobbies, or business use. A charming weekend guest home provides the perfect country retreat after a day on the land. Whether you're looking to build a private ranch, create a recreational getaway, or develop investment property, this versatile acreage offers endless possibilities in the heart of Central Texas.
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| Sep 20, 2025 | No longer available | - | |
| No longer available | |||
| Aug 4, 2025 | Price Decreased |
$1,899,000
↓ $51K
(2.6%) | |
| Price Decreased | |||
| Oct 14, 2024 | Listed by Grand Land Realty, LLC | $1,950,000 | |
| Listed by Grand Land Realty, LLC | |||
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The 58 acres of ag-exempt land have a 10' rolling elevation change. There is a 70/30 mixture of improved pastures and woods. The property has two ponds, one medium-sized and one small. While both ponds hold water, they're equipped to be fed by the nearby well in the case of drought conditions. Both ponds are stocked plentifully with Bass and Catfish. Wildlife on the property includes Whitetail deer, wild hogs, migratory waterfowl, and numerous varmints. The pasture's grass mainly comprises Coastal Bermuda, producing 140-160 Round bales annually. Trees on the ranch consist of Blackjack Oak, Live Oak, Post Oak, Cedar Elm, and many more native tree species to this area.
Shiloh Oaks Ranch has an estimated 900 Sq ft. two-bedroom, one-bath cabin. The cabin boasts a rustic ranch-style appeal inside and out. On the outside, you'll find metal siding and roofing that provide a lifetime of durability. Inside, hardwood floors, two spacious bedrooms, one bathroom, and a large living area with a wood-burning stove are present.
A large workshop with a roll-up door for storing larger farm equipment or recreational toys is steps away from the house. The shop also has smaller living quarters. RV parking and hookups are also available next to the shop. Shiloh Oaks Ranch is perimeter-fenced and crossed-fenced into multiple sections for rotational grazing. The fencing consists of 5-strand barbed wire with some 4-strand. The fencing is in excellent shape. The cabin on the property is serviced by a rural water meter. The functioning water well is approximately 200' deep and yields 20 GPM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017