$630,000
●
Land -
Off Market
346 County Rd 4724
New Summerfield, TX 75789
Studio
0 Bath
$783,390
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Come See this amazing 54+ acre horse farm! This place has
everything a horse lover or trainer could want. There's 2 barns, 25
box stalls, 26 one acre private paddocks, 4 two acre paddocks, 2
feed and tack rooms, two wash racks, office, horse trailer shed,
six horse custom hot walker. There is 2 water sources on the
property and a deep well. Community water is available. Land is
fenced all around with a pipe fence. The property also has a small
pond near a site that would be great to build on. Located hour and
a half from Louisiana Downs. Hurry out and check out this amazing
property before its gone!
Unit Size
-
Days on Market
-
Land Size
54.00 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (NTREIS #14485379)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2021 | Sold | ||
| Sold | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
| Dec 11, 2020 | Listed by Keller Williams Realty Tyler | $630,000 | |
| Listed by Keller Williams Realty Tyler | |||
| | |||
|
Come See this amazing 54+ acre horse farm! This place has everything a horse lover or trainer could want. There's 2 barns, 25 box stalls, 26 one acre private paddocks, 4 two acre paddocks, 2 feed and tack rooms, two wash racks, office, horse trailer shed, six horse custom hot walker. There is 2 water sources on the property and a deep well. Community water is available. Land is fenced all around with a pipe fence. The property also has a small pond near a site that would be great to build on. Located hour and a half from Louisiana Downs. Hurry out and check out this amazing property before its gone!
| |||
| Oct 17, 2020 | Listed | $635,000 | |
| Listed | |||
| | |||
|
Come See this amazing 54+ acre horse farm! This place has everything a horse lover or trainer could want. There's 2 barns, 25 box stalls, 26 one acre private paddocks, 4 two acre paddocks, 2 feed and tack rooms, two wash racks, office, horse trailer shed, six horse custom hot walker. There is 2 water sources on the property and a deep well. Community water is available. Land is fenced all around with a pipe fence. The property also has a small pond near a site that would be great to build on. Located hour and a half from Louisiana Downs. Hurry out and check out this amazing property with its great price before its gone!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
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Closing Price
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HOA + Taxes
About Cherokee
Similar Homes for Sale
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Listed by: Sissy Bellar, Keller Williams Realty Tyler
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14485379
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14485379
Details provided by NTREIS and may not match the public record
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