3417 County Road 406
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 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by Cedar & Stone Real Estate Company | $270,000 | |
| Listed by Cedar & Stone Real Estate Company | |||
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2022 | Listed by Keller Williams Realty | $269,800 | |
| Listed by Keller Williams Realty | |||
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Your exceptional TX country homestead awaits your vision on this prime 11.07 +/- acres of unspoiled countryside. Located in serene horse and cattle country in Burleson county, this land is an ideal mix of improved coastal bermuda pastures, intermixed with mature oak trees and densely wooded terrain on the back portion of the property that buttresses two fishing ponds stocked with bluegill, red ear sunfish and native Bass. Quality improvements abound with new five-strand barbed wire fencing under construction on three sides of the land's perimeter with majestic 4 board equestrian fencing along the county frontage with a 24-foot recessed entry drive. Land conveys with light restrictions in place to secure the enjoyment of your TX Country homestead for years to come. A short drive from Caldwell, Brenham, Lake Somerville, and the action of SEC Country in College Station, the land also resides in a geographic sweet spot of TX making most of Houston and Austin approx 65 miles away or less.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017