3322 Mariposa Ridge
About This Property
The two lots together features a pond with an electric water pump for temporary irrigation across the property. City water hookup available at the street; temporary power pole installed. Non-functional white control box, previously used for a water well on the property that is not working. There are two gas transmission pipelines in the northwest corner.
Access to Chisholm Trail Parkway; around a 21-minute drive to downtown Fort Worth
Surroundings: Borders rural land to the north
HOA: Annual fee of 600 USD
Zoning: Residential, requiring home construction (verify with city)
Access: Road frontage on Mariposa; near Chisholm Trail Parkway
Condition: Sold as-is
Mineral Rights: Not included
Buyers to verify all zoning, utility connections, water well status, HOA regulations, and building requirements with the City and Chriswood HOA.
Virtual tour link is available below.
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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 |
|---|---|---|---|
| Aug 4, 2026 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$320,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Feb 11, 2026 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jan 13, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Dec 9, 2025 | Price Decreased |
$350,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017